Jobs Data

The non-farm payrolls report released last week revealed a robust addition of 303,000 jobs to the U.S. economy in March. However, Ark Investment Management founder Cathie Wood expressed concerns regarding two labor market trends highlighted by economists. Low-Quality...

The Smart People Doing Smart Things Issue Ok – kind of a quirky title, but a lot of smart people were saying smart things in public this week. Peter Schiff made an excellent point in favor of property rights including for Bitcoin which he hates. Moody’s is late, but correct on a...

The July performance of the U.S. labor market has caught the attention of economists as they evaluate its implications for the Federal Reserve’s future actions. Non-farm payrolls showed a gain of 187,000 jobs in July, falling short of the expected 200,000, while June’s figure was...

The July labor market report takes center stage this week. Investors and markets brace for significant economic releases that will influence future Federal Reserve rate decisions. Tuesday provided a glimpse at a decrease in the number of job vacancies throughout June. Wednesday’s ADP...

With Friday on the horizon, investors are eagerly anticipating the Bureau of Labor Statistics’ job market report for June. This report will reveal crucial data points, including the non-farm payrolls (NFPs), hourly wage growth, and the unemployment rate, providing a key snapshot of the...

The Federal Reserve on Wednesday conceded its two-year error in inflation forecasting. This followed data issued by the Bureau of Labor Statistics showing the lowest inflation since March 2021, prompting the Fed to issue a "hawkish pause" on interest rates. “Fed forecasts have been wrong on...

The U.S. labor market is hot and continues to show tight conditions, posing a difficult dilemma for the Federal Reserve regarding whether to raise interest rates further or hit the pause button. Nonfarm payrolls increased by 339,000 in May, far exceeding economists' expectations of 190,000 and...

U.S. markets closed in the red on Tuesday and are expected to witness significant volatility this week as the Federal Reserve is scheduled to announce its monetary policy on Wednesday. Apart from this, employment figures from the Labor Department, as well as Apple Inc (NASDAQ:AAPL) earnings, will...

Recent economic data has prompted investors to hedge against the rising likelihood of a recession.  In February 2023, there were 9.9 million job openings, which was the lowest level since May 2021 and below market estimates of 10.4 million, suggesting that the labor market may have begun to...

Last week's economic data supported the recent declining trend in inflation, giving the Federal Reserve room to go slow on rate hikes. A dovish Fed stance is seen as necessary to help the economy navigate through the credit crunch caused by the banking crisis. Weekly jobless claims data...

U.S. stocks are priming for a negative start on Thursday after the recovery attempt in Wednesday’s session culminated in a mixed close. Traders may wait and watch Friday's job data before plotting their next moves. Cues From Wednesday’s Trading: On Wednesday, the major indices...

Nobel laureate and noted economist Paul Krugman argued that the economy is probably still running hot but what matters are market expectations about future Federal Reserve policy. The Labor Department’s monthly Job Openings and Labor Turnover Survey (JOLTS) report, released on Wednesday,...

Prominent market commentator Jim Cramer said without a "well-deserved" crash in cryptocurrency and a sign of higher unemployment acknowledged by the Federal Reserve Chair Jerome Powell, the current consumer price inflation reading has to be seen as a one-off number. Cramer’s...

Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend. 1. Elon Musk Urges Tesla Workers To Reduce Delivery Costs: Tesla Inc. (NASDAQ: TSLA) CEO Elon...

That hissing noise you hear is the air being let out of the market’s tires after an epically disappointing August jobs report. The Delta variant seems to be sinking its teeth into the economy, taking a massive bite into the jobs picture.  Job gains of 235,000 in August reported today by...