Labor Department updates employment figures revealing 911,000 fewer jobs through March
On Tuesday, the Labor Bureau issued a preliminary estimate for an annual benchmark revision regarding non-farm payrolls. This indicates that the US economy has more job losses than previously thought. The Bureau of Labor Statistics (BLS) has shared its initial findings for these annual updates. Each year, the BLS revises its data to include more […]
More Americans are becoming negative about their chances of finding new jobs, a study shows.
Chief Economist Brian Wesbury from First Trust Advisors discussed concerns raised by former Labor Secretary Robert Reich regarding President Donald Trump’s influence on the U.S. economy, suggesting it could lead to stagnation. On Monday, the Federal Reserve Bank of New York disclosed new figures indicating a growing sense of pessimism among American households about their […]
Here are the 10 jobs expected to grow the quickest in the next ten years.
Even though job growth seems to be slowing in many sectors, the healthcare field is likely to keep thriving in the coming years. According to a recent forecast from the Labor Statistics Bureau, jobs in Healthcare and Social Aid are expected to account for nearly 40% of total employment growth over the next decade, adding […]
App-based jobs aren’t traditional nine-to-five roles — that’s the essence.
Mobile Benefits and the Modern Workforce Recent opinions have downplayed the significance of portable benefits for workers, which not only misrepresents the conversations around the needs of independent workers but also overlooks why over 23 million Americans are drawn to app-based jobs. Many app-based workers have indicated that they prefer these jobs for the flexibility […]
Gold prices rise to a new peak following the US jobs report.
On Friday, gold soared to a new all-time high of nearly $3,600 per ounce. This surge was driven by new employment data from the U.S., which strengthened market expectations for the Federal Reserve to implement cuts later this month. Spot prices jumped by 1.4% to settle at $3,597.80 per ounce, exceeding the previous high of […]
Weak jobs report indicates this strong sector might be slowing down
Job growth in August was weaker than anticipated, and even the typically reliable healthcare sector saw a slowdown. According to the Labor Bureau, U.S. employers added only 22,000 positions last month, while the unemployment rate climbed to 4.3%. Healthcare has generally been a strong contributor to job growth recently, but the latest figures indicate a […]
Jim Cramer recommends this stock to purchase following the disappointing August jobs report.
Home Depot’s Potential Growth Amid Market Changes Home Depot is poised to take advantage of current market conditions. On CNBC’s “Squawk on the Street,” Jim Cramer expressed his views, noting that Home Depot products may become costly. His comments came after a disappointing employment report for August and a decline in Treasury yields to their […]
Today’s Cryptocurrency Markets: XRP and SOL Expected to Shift by 4% as Jobs Report Approaches
Crypto Market Awaiting US Employment Data The cryptocurrency market is currently on edge as it looks forward to the US non-farm payroll report. Investors hope this will provide clarity on potential actions by the Federal Reserve regarding interest rates. The implicit volatility index indicated a focus on stabilizing price fluctuations among key cryptocurrencies. As of […]
5 insights from a disappointing jobs report for Trump
The US economy experienced a modest addition of just 22,000 jobs in August, raising concerns about its overall health and suggesting a potential need for interest rate cuts by the Federal Reserve. The unemployment rate climbed to 4.3%, marking the second consecutive month of increase, although labor participation rates have shown improvement since April. This […]
Disappointing August jobs report raises red flags
Happy Friday! Anyone in for a honey deuce? Just wondering if Jesse Pegra would join too. In today’s issue: Weak job report for August White House seeks to lower interest rates Republicans on RFK Jr. watch Trump’s “War Club” announcement NYT reveals details on a 2019 North Korea mission 📰 Morning News Gulp…: The U.S. […]