US Jobs Market Remains Soft as Hiring Slows and AI Reshapes Employment

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The August jobs report is set to be released on Friday morning, with forecasts indicating that employers added 65,000 jobs in the previous month, while the unemployment rate is anticipated to have risen slightly to 4.2%. US employment is poised Read More …

America’s labour market is regaining its balance

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The US labour market, previously entrenched in a state characterised by minimal hiring and firing, appears to be exhibiting signs of potential improvement. The latest official labour turnover data indicated that employers increased their hiring efforts in June – a Read More …

US Job Growth Beats Forecasts yet Inflation Risks Persist

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The US labour market seems to have stabilised: The economy added 172,000 jobs in May, exceeding expectations, according to new data from the Bureau of Labour Statistics released on Friday. The latest jobs report offered some reassurance regarding the stabilisation Read More …

March Jobs Gain Shows Resilience Despite Global Uncertainty

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The most recent employment report indicated that the US economy probably created 178,000 jobs in March, significantly exceeding forecasts. The unemployment rate has decreased to 4.3%. Predictions indicated it would remain stable at 4.4% or potentially increase to 4.5%. Health Read More …

February Retail Sales Surge Beyond Expectations

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In February, American consumers increased their expenditures at retail establishments, reversing a trend of three consecutive months of decline. This development indicates that the US consumer remains resilient despite the challenges posed by sluggish job growth and subdued consumer sentiment. Read More …

US Economy Surprises with 42,000 New Private-Sector Jobs

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In October, private-sector job creation experienced a rebound, reflecting a labor market snapshot that has garnered increased attention due to the lack of official federal employment statistics. Payroll processing company ADP on Wednesday estimated that private-sector businesses added approximately 42,000 Read More …