The Latest Breaking News from Jobs Report

The final jobs report of 2023 exceeded expectations, with 216,000 jobs added in December. While this indicates a strong labor market, there are cooling tre...

Inflation easing has not tempered a hot labour market as President Joe Biden prepares to make the economy a central point of his re-election campaign

The solid hiring revealed in Friday’s jobs report for November, along with a raft of other recent economic data, is boosting hopes that the U.S. economy will achieve a “soft landing” next year rather than a widely feared recession

The unemployment rate ticked lower last month, while annual wage growth eased.

The November jobs report came out Friday morning. The Labor Department reported that 199,000 jobs were added last month, resulting in a 20-basis-point drop in the unemployment rate to 3.7%. The news should help Friday trading.

The jobs report keeps the economy on track for a soft landing, but rate cut hopes may be premature.

Asian shares are mostly higher ahead of a U.S. jobs report after Wall Street rose Thursday to snap its first three-day losing streak since Halloween

Can the U.S. economy achieve a much-hyped “soft landing”

December S&P 500 futures (ESZ23) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.13% this morning as global bond yields climbed amid speculation that the Bank of Japan will soon scrap the world’s last negative interest-rate regime, with the focus now shifting to Friday’s U.S. jobs…

December S&P 500 futures (ESZ23) are trending up +0.25% this morning as the latest U.S. employment data fueled bets that the Federal Reserve will cut interest rates as soon as March, with investors’ focus now turning to the ADP National Employment numbers due later in the day.

To all the homebuyers dreading the toxic mix of low inventory and 8% mortgage rates, how does a cooling economy and a 7.4% rate sound?