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Sep. jobs report builds case for smaller Fed rate cut
Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say
September's 245,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of rate cuts, economists said.
Fed seen slowing rate cut pace after strong US jobs data
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a debate over whether the policy rate ends up at a higher level than previously expected.
Job Market Strong in September - Will It Slow Fed Rate Cuts?
The jobs report from the Bureau of Labor Statistics for September was considerably stronger than expected. Economists had been predicting payroll growth of 140-150,000 jobs; instead, payrolls rose by 254,
Wall Street, New York Stock Exchange
Stock market today: Dow notches record high after strong jobs report eases slowdown worries
Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs report, according to the CME FedWatch Tool.
Stock market today: Dow rallies to a record after a blockbuster jobs report
Friday’s report capped a week of mostly encouraging data on the job market, including an update indicating layoffs remain relatively low. Such strength helps allay one of Wall Street’s top questions: whether the job market will continue to hold up after the Federal Reserve earlier kept interest rates at a two-decade high.
Stock market today: Wall Street rises after a blowout jobs report
U.S. stocks are rising amid a rush of optimism Friday after a report showed U.S. employers went on a stronger spree of hiring last month.
Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'
Biden calls out Rubio for false claim that solid jobs report is ‘fake’
The jobs numbers are what the jobs numbers are. They’re real,” President Joe Biden told reporters when questioned about GOP Sen. Marco Rubio’s social media post.
Joe Biden Calls Out Marco Rubio For Calling Jobs Numbers 'Fake'
President Joe Biden made a surprise appearance in the White House briefing room on Friday to tout good news about the economy ― and he called out a Republican senator for claiming the numbers are “fake.
Biden on job numbers: Anything ‘MAGA Republicans don’t like, they call fake’
Taking questions from the White House press briefing room, President Biden addressed Sen. Marco Rubio, R-Fla., who tweeted that the new jobs report had fake numbers.
9h
on MSN
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
8h
September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%
The labor force participation rate among women ages 25 to 54, their prime working years, dipped to 78.1% September, from 78.4 ...
4h
Jobs Figures Show Consumers' Postpandemic Spending Spree Is Marching On
Behind the robust September jobs report is an economic driver that shows few signs of slowing: consumer spending. Despite ...
9h
on MSN
US economy added 254,000 jobs in September, logging surprisingly robust growth
September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains ...
1h
What the latest jobs report says about the U.S. economy
The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS ...
1h
In Flint, Harris calls Trump a 'loser' on manufacturing, bashes him for lost auto jobs
The Democratic nominee and vice president said Trump sat by as China gained an edge on the U.S. in electrical vehicle ...
CBS News on MSN
11h
Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate ...
7h
Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also ...
9h
on MSN
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and ...
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