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The Latest Breaking News from Labor Department

US Stocks Turn Higher, Nasdaq Jumps 100 Points

U.S. stocks turned higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday.

Benzinga

Dow Drops 100 Points; US Jobless Claims Fall Further Last Week

U.S. stocks traded mostly lower this morning, with the Dow Jones dropping 100 points on Thursday.

Benzinga

Fewer Americans apply for jobless aid last week

Fewer Americans filed for unemployment benefits last week as the labor market remains continues to remain strong despite decades high inflation

The Independent UK

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Jobs report shows supply returning even as Fed focuses on demand

The August U.S. jobs report contained hints of a long-awaited increase in labor supply. The big question for the central bank is whether that can continue even as it attempts to engineer an economic slowdown.

Tribune News Service

Recession Warning: Buckle Up For Fed's Hard Landing For U.S. Economy, Dow Jones

Buckle up for recession and Dow Jones turbulence: The Federal Reserve is risking a hard landing for the U.S. economy to address chronic labor and housing shortages.

Investors Business Daily

EXPLAINER: 5 key takeaways from the August jobs report

The nation’s job market last month delivered just what the Federal Reserve and nervous investors hoped for: A Goldilocks-style hiring report

The Independent UK

Hot Wage Growth, 'Encouraging' Jobs Data: 5 Experts React With Interest Rates Hanging In The Balance

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher Friday morning after the Labor Department reported strong U.S. jobs market numbers from August.

Benzinga

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Dow Jones Rallies On Pivotal Jobs Report; Lululemon Surges On Earnings

The Dow Jones Industrial Average rallied 200 points Friday on the August jobs report. Lululemon stock surged 10% on earnings.

Investors Business Daily

US employers add 315,000 jobs as more workers join labor force

U.S. employers added a healthy number of jobs in August and a steady stream of people entering the workforce lifted the unemployment rate, suggesting some easing in the tight labor market and offering mixed implications for the Federal Reserve.

Tribune News Service

The economy added 315,000 jobs, showcasing a labor market that is still strong

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

WEKU

Why You Can't Trust Friday's Jobs Report, And What It Means For The S&P 500

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

Investors Business Daily

Selling the farm: Why one South Jersey farmer decided to call it quits

Men in muddy boots gathered under a drab December sky last year, eyeballing the tractor tires and soil tillers, whole fields full of farm equipment the Marino family was auctioning off in Swedesboro, New Jersey.

The Philadelphia Inquirer

Dow Jones Futures Signal Market Rally Isn't Finished After Key Support Broken

The major indexes undercut key support Tuesday on hot jobs data, while recent breakouts are failing.

Investors Business Daily

Dow Jones Futures: What To Do As Stock Market Weakness Continues; Jobs Report Ahead

Dow Jones futures were higher Tuesday, as the stock market weakness continued Monday. The August jobs report is due out Friday.

Investors Business Daily

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The Independent UK

Fewer Americans claim jobless benefits last week

Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy

The Independent UK

Fewer Americans file for jobless benefits last week

Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to be the strongest segment of the U.S. economy

Al Jazeera

US jobless claims increase for second straight week

Unemployment claims remain close to the highest level since last November, the Labor Department said.

The Independent UK

US unemployment claims rise by 14,000 to 262,000

The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the U.S. job market continues to show signs of strength

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The Independent UK

AP News Digest 3:15 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

Investors Business Daily

Dow Jones Surges On Cool CPI Inflation Data; Elon Musk Sells More Tesla Stock

The Dow Jones Industrial Average surged 460 points on cool CPI inflation data. Elon Musk sold nearly $7 billion worth of Tesla stock.

WEKU

Inflation is cooling thanks to gas prices, but many things still cost a lot more

Falling gasoline prices put a dent in the July inflation rate, which fell to 8.5% from 9.1% in June. But other costs such as housing continue to climb, putting a strain on many family budgets.

Investors Business Daily

CPI Inflation Rate Is Finally Falling — Much More Than Expected; Dow Jones Jumps

The CPI inflation rate is finally past its peak, and core inflation also eased, helping to reboot the Dow Jones rally.

Investors Business Daily

Dow Jones Falls As Inflation Report Looms; Covid Vaccine Maker Crashes On Earnings

The Dow Jones Industrial Average fell Tuesday ahead of Wednesday's key inflation report. Vaccine maker Novavax crashed on earnings results.

Investors Business Daily

Dow Jones Futures: Market Rally Faces Key Inflation Report; Covid Vaccine Maker Crashes On Earnings

Dow Jones futures were lower after Monday's stock market action ahead of Wednesday's inflation report — the consumer price index.

Benzinga

Bombshell Jobs Report: All Pandemic Jobs Lost Restored, Flipping Recession Script And Fueling Inflation, Fed Fears

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.8% Friday morning after the Labor Department reported encouraging U.S. jobs market numbers from July.

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