Tag: Personnel
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Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
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Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
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The jobs report doubled expectations. Why the stock market doesn’t like it
Good news isn’t always good, at least when it comes to the stock market.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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The May jobs report will be released Friday. Here’s what to expect
The stronger-than-expected start this year for job creation could be in for a reality check.
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Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Long-term unemployment can have ramifications on financial, emotional and family health that linger even after reentry into the workforce.
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Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers
Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
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Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads
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The May jobs report is around the corner. How the market could react, according to JPMorgan
A major data report will give investors a glimpse into how the U.S. economy is doing amid the U.S.-Iran war and persistent inflation worries.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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