The Latest Breaking News from Jobs Report

U.S. stocks extended gains midway through trading on Friday, following the release of jobs report for August.

WASHINGTON: A strong August jobs report means the US Federal Reserve will continue to aggressively raise interest rates, though a surge in the labour force could give central bankers the option to back off a little if they choose.

Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade ahead of the much-awaited jobs report for August. U.S. stocks closed mostly higher, with the Dow Jones adding around 146 points on Thursday after all the three major indices notched their weakest August performance since 2015.

Hong Kong (AFP) - Asian markets were mixed Friday and the dollar held gains as rate hike expectations grew, with traders now focusing on a key US jobs report later in the day.

Hong Kong (AFP) - Asian markets struggled again Friday and the dollar held gains as rate hike expectations grew, with traders now focusing on a key US jobs report later in the day.

Hong Kong stocks opened mixed on Friday ahead of the release of the U.S. jobs report that would give more cues on the course and aggression of the U.S. rate hike later this month. The Hang Seng index lost 0.5% in opening trade. Shares of XPeng lose over 3% in the morning session.

Recent monthly jobs reports are stretching credulity. Evidence suggests recession may be close at hand.

The stock market rally rebounded off lows Thursday, but is still ailing. Here's the key metric in Friday's jobs report.

Raging inflation has so scrambled the economy that it’s come to this: If Friday’s jobs report for August were to show a significant hiring slowdown, the Federal Reserve — and even the White House — would likely welcome it