Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...
with job gains increasing slightly and the unemployment rate rising to 4.1% amid heightened investor fears over the trajectory of the US labor market and the broader economy. Data from the ...
There's more data to come between now and September, including the August jobs report. Nobody should be losing a ton of sleep over the state of the labor market or over the economy overall.
If the actual data comes as expected, it would signal a tight labor market, consistent with a moderately strong economy. The problem is that the US economy is already slipping into a recession ...
US stocks opened lower Friday as investors digested key data about the health of the labor market. The Dow opened 0.3% lower, down by around 75 points. The broader S&P 500 opened 0.2% lower and ...
But the occupational churn metric showed the pace of disruption slowing by 1990 as the labor market entered a stretch of low churn. Then another surprise appeared in the data. "From 2019 onward ...
But 65,000 people entering the labor market is actually "a quite small number," said Harry Holzer, a nonresident senior fellow in Economic Studies at Brookings Institute and a public policy ...