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Jobs Report

All articles tagged with #jobs report

Wall Street Doubts June Jobs Data Amid World Cup Anomaly
economy10 days ago

Wall Street Doubts June Jobs Data Amid World Cup Anomaly

Analysts across major banks are growing skeptical of the June U.S. jobs data from the Bureau of Labor Statistics, noting an implausible 61,000‑job drop in leisure and hospitality during the World Cup month and pointing to frequent revisions. While overall payroll gains were modest, economists expect an upward revision to the top-line figure in July as more survey data arrive, underscoring that the labor market remains murky and data quality should be treated with caution amid an uncertain policy environment.

Unemployment Falls, Yet Participation Slips: Interpreting June’s Mixed Jobs Report
economics11 days ago

Unemployment Falls, Yet Participation Slips: Interpreting June’s Mixed Jobs Report

June payrolls rose by 57,000 and the unemployment rate fell to 4.2% as about 720,000 people left the labor force, pulling the participation rate to 61.5% (the lowest since March 2021) and prime‑age participation to 83.3%. Long‑term unemployment remained elevated at around 1.9 million. The Job Openings and Labor Turnover Survey showed 7.6 million openings but a hiring rate of 3.3% with little turnover. Economists warn the unemployment drop may reflect people exiting the workforce rather than stronger hiring, leaving the labor market uneven and possibly noise-driven, with anomalies like declines in 25–34-year-olds and softer leisure/hospitality hiring.

June jobs miss: US payrolls rise 57k as participation slips and revisions weigh on the labor market
economy12 days ago

June jobs miss: US payrolls rise 57k as participation slips and revisions weigh on the labor market

The June 2026 US payrolls increased by 57,000, far below economists’ expectations of about 113,000, while the unemployment rate fell to 4.2% (its lowest in a year). April and May payrolls were revised downward by a combined 74,000, dampening momentum. Job gains came from professional and business services, social assistance, and healthcare, but leisure and hospitality lost 61,000 positions as seasonal hiring cooled. The labor-force participation rate also slipped to 61.5%, suggesting softer overall labor-market strength.

June jobs miss: payroll growth slows to 57,000 as unemployment ticks down
economy12 days ago

June jobs miss: payroll growth slows to 57,000 as unemployment ticks down

U.S. nonfarm payrolls rose by 57,000 in June, well below economists’ 113,000 forecast, while the unemployment rate dipped to 4.2% and the labor-force participation rate held at 61.5%. Gains were led by professional/business services, social assistance, and healthcare, but leisure and hospitality fell by 61,000 after May’s surge; April and May payrolls were revised down by a combined 74,000. The report signals a cooling labor market as the year heads toward mid-year.

June Jobs Growth Slows Sharply as Unemployment Edges Down
business12 days ago

June Jobs Growth Slows Sharply as Unemployment Edges Down

The June jobs report shows a cooling labor market: nonfarm payrolls rose by 57,000—well below expectations—while the unemployment rate fell to 4.2% and the labor-force participation rate slipped to 61.5% (a multi-year low). May and April gains were revised down, dampening earlier optimism. Most growth came from professional/business services, health care and social assistance; leisure and hospitality lost 61,000. Average hourly earnings rose 0.3% in the month and 3.5% year over year. The softer payrolls read could influence Fed policy expectations, with investors weighing a potential September move against near-term policy pauses.

Markets edge higher as US-Iran pause calms nerves ahead of July jobs data
business15 days ago

Markets edge higher as US-Iran pause calms nerves ahead of July jobs data

US stock futures rose after reports that the US and Iran agreed to halt attacks, helping lift sentiment after a rough week. Nasdaq futures led gains (~1%), with S&P 500 futures up about 0.7% and Dow futures around 0.4%. Oil prices climbed, with Brent above $73 and WTI above $70 as energy concerns persist. Traders head into a holiday-shortened week, awaiting the June jobs report due Thursday, and with U.S. markets closed Friday for the Fourth of July.

Strong Jobs Data Reframes Markets as Rate-Hike Bets Return
business1 month ago

Strong Jobs Data Reframes Markets as Rate-Hike Bets Return

Friday's strong May payrolls report (172,000 jobs, with upward revisions) surprised markets, pushing rate-hike expectations higher and snapping the S&P 500's nine-week win streak while sending the Nasdaq to its worst week since last year's 'Liberation Day' sell-off. The chip sector led declines (iShares Semiconductor ETF down ~7%), as higher rates dampen valuations for AI and growth names. Investors had hoped for slower job growth and possible rate cuts, but a robust labor market suggests rates stay higher for longer. All eyes now on CPI data due Wednesday, with inflation seen around 4.2% year over year.

Robust Jobs Pulse Sparks Yield Plunge, Sparks Market Tug-of-War
business1 month ago

Robust Jobs Pulse Sparks Yield Plunge, Sparks Market Tug-of-War

A strong May jobs report cooled fears of weakness but sent markets into a wobble as the 10-year yield neared 4.6% and the 30-year crossed 5%, helping drive a Nasdaq drop of about 4% and a S&P slide of around 1%. Barclays warns we’re entering a “warning zone” for valuations as higher rates compress the value of future profits, especially for AI-related stocks, prompting a rotation into near-term earnings plays. Inflation pressures persist due to strong demand, supply bottlenecks, oil/shock risks, and tariffs, while an active IPO pipeline (SpaceX, Anthropic, OpenAI) looms as one of the market’s recent bright spots. Trump even chimed in on Truth Social, saying great jobs data should lift stocks.

A Subtle Rebound: What Friday's Jobs Report Could Signal
economy1 month ago

A Subtle Rebound: What Friday's Jobs Report Could Signal

Economists expect May payrolls to rise around 105,000 with the unemployment rate near 4.3%, signaling a gradual labor-market rebound as hiring broadens beyond healthcare and wage growth slows. AI-driven changes to skills and demographics are shaping the outlook, while Spirit Airlines’ shutdown adds sector headwinds in transportation; unemployment claims stay near historic lows and the breadth of hiring across industries will be captured by the Diffusion Index.

April Jobs Data Defies Slowdown Hopes with 115k Gain
economy2 months ago

April Jobs Data Defies Slowdown Hopes with 115k Gain

U.S. payrolls rose by 115,000 in April, beating estimates and keeping the unemployment rate at 4.3%; average hourly earnings rose 0.2% for the month and 3.6% year over year. Healthcare led hiring with 37,000 new jobs, with gains also in transportation/warehousing, retail, and social assistance. Information services fell by 13,000 as AI pressures persist, and the broader U-6 unemployment measure rose to 8.2%.

Futures Edge Higher as Iran Tensions and Jobs Data Loom
market-news2 months ago

Futures Edge Higher as Iran Tensions and Jobs Data Loom

U.S. stock futures were higher Friday as traders weighed U.S.-Iran tensions and awaited the April jobs report, with Nasdaq-100, Dow, and S&P 500 futures up about 0.35%, 0.10%, and 0.23% respectively around 1:15 a.m. ET, while oil rose on the tensions. In the prior session, major indices closed lower after retreating from intraday highs, and investors are eyeing earnings from Wendy’s, Enbridge, Nintendo, and Fidelity National Information Services, along with key macro data on employment and sentiment.

Newsmax On-Air Correction: February Jobs Report Reveals a Loss, Not a Gain
business4 months ago

Newsmax On-Air Correction: February Jobs Report Reveals a Loss, Not a Gain

Newsmax’s Marc Lotter corrected co-host Sharla McBride on air after she claimed February’s jobs report added 92,000 jobs; the correction stated the economy actually lost 92,000 jobs, with December revisions downward by 65,000, totaling about a 17,000 net December loss. The data coincided with a sharp market drop (Dow ~900 points, S&P 500/Nasdaq ~1.6%), a small uptick in unemployment to 4.4%, and warnings that healthcare hiring could fall if proposed Medicaid cuts pass in President Trump’s plan.