New Jobs Report: Labor Market Is Cooling
Employers added 206,000 payroll jobs in June, according to the new jobs report just released by the US Department of Labor. That was just slightly above the consensus economist forecast of 190,000. But, on many other measures, we see a labor market that is gradually cooling.
The Federal Reserve said Friday in a report to Congress that the U.S. labor market is back in the "tight but not overheated" ...
Overall, economists say the labor market is still strong and, though slowing, it is returning to normal after a white-hot ...
Major stock indices in the United States ended on the green last Friday, following a key labor market data release, which came almost in line with market expectations. Notably, the latest data implied ...
Economists and some Federal Reserve officials are increasingly on alert that pain could be on the horizon for American ...
The U.S. jobs market is set to slow a little from its current fast pace of expansion, according to a monthly trends index. The Conference Board's employment trends index's fell to 110.27 in June from ...
Friday's jobs report indicated a slightly cooling labor market. The U.S. added 206,000 jobs last month, just above expectations. But the unemployment rate rose slightly to 4.1%, and average hourly ...
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