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US job growth likely picked up in July; unemployment rate forecast unchanged at 4.2%

US job growth likely picked up in July; unemployment rate forecast unchanged at 4.2%

By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - U.S. job growth likely picked up in July, offering reassurance that the labor market remained resilient and allowing the Federal Reserve to maintain its focus on inflation.
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US nonfarm payrolls fall in July; unemployment rate eases to 4.1%

US nonfarm payrolls fall in July; unemployment rate eases to 4.1%

By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and nonfarm payrolls for the prior month were revised sharply lower, potentially raising questions about whether the Federal Reserve will increase interest rates next month.
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US nonfarm payrolls unexpectedly decline in July; unemployment rate eases to 4.1%

US nonfarm payrolls unexpectedly decline in July; unemployment rate eases to 4.1%

By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and nonfarm payrolls for the prior two months were revised sharply lower, raising questions about whether the Federal Reserve will increase interest rates next month.
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US labor market stable; worker productivity accelerates in second quarter

US labor market stable; worker productivity accelerates in second quarter

By Lucia Mutikani WASHINGTON, Aug 6 (Reuters) - The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July, consistent with a stable labor market.
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Federal Reserve Governor Cook Discusses U.S. Economic Resilience Amid Inflation Concerns

Federal Reserve Governor Cook Discusses U.S. Economic Resilience Amid Inflation Concerns

Federal Reserve Governor Cook Discusses U.S. Economic Resilience Amid Inflation Concerns
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Soft July jobs report fuels skepticism over possible Fed rate hike

Soft July jobs report fuels skepticism over possible Fed rate hike

NEW YORK, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and nonfarm payrolls for the prior month were revised sharply lower, potentially raising questions about whether the Federal Reserve will increase interest rates next month.
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U.S. Treasury Yields Steady Amid Potential Strait of Hormuz Deal and Weak Jobs Data

U.S. Treasury Yields Steady Amid Potential Strait of Hormuz Deal and Weak Jobs Data

U.S. Treasury Yields Steady Amid Potential Strait of Hormuz Deal and Weak Jobs Data
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July Jobs Report Anticipates Steady Growth Amid Inflation Concerns

July Jobs Report Anticipates Steady Growth Amid Inflation Concerns

July Jobs Report Anticipates Steady Growth Amid Inflation Concerns
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U.S. Jobless Claims Rise Slightly, Indicating Stable Labor Market

U.S. Jobless Claims Rise Slightly, Indicating Stable Labor Market

The number of Americans filing for unemployment benefits increased slightly last week, with claims rising by 1,000 to 199,000 for the week ending August 1. Despite this increase, layoffs remain at historically low levels, indicating a stable labor market. The Federal Reserve's preferred inflation metric, the Personal Consumption Expenditures (PCE) index, was reported at 3.7% for June, above the Fed's 2% target. This persistent inflation could lead the Fed to consider raising interest rates to curb rising prices, potentially impacting hiring decisions by businesses.
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ADP Reports U.S. July Employment Growth Below Expectations, Raising Inflation Concerns

ADP Reports U.S. July Employment Growth Below Expectations, Raising Inflation Concerns

ADP Reports U.S. July Employment Growth Below Expectations, Raising Inflation Concerns
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US job openings drop in June, hiring increases

US job openings drop in June, hiring increases

WASHINGTON, Aug 4 (Reuters) - U.S. job openings dropped in June amid a sharp decline in the healthcare and social assistance sector, but a rise in hiring and low layoffs suggested the labor market remained stable.
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US employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1%

US employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1%

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June