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Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next ...
Economists say the rise in unemployment among Black Americans could be a troubling sign for the economy at large.
Though the unemployment rate for the tech industry was largely unchanged in July, demand is soaring for AI and data-focused ...
Last week’s surprisingly poor jobs report and massive downward revisions to previous months’ data have spurred renewed ...
Trump’s knee-jerk response to troublesome data is to deny it. He has eliminated climate change and disease statistics that contradict his views.
Trump responded by doing what Trump does: goes ballistic, acts impulsively, attacks the messenger, and spews falsehoods.
Big question marks still loom for the Fed, and while the jobs report last Friday was weak, the unemployment rate remains low.
The jobs report for July revealed that some 258,000 fewer jobs were added in May and June than previously reported.
The bank's Chief Economist, Jan Hatzius, estimated in the note that AI will replace 6% to 7% of all U.S. workers within the next decade. However, he predicted that the unemployment rate would only ...
Economists and Wall Street investors have long considered the job figures reliable, with share prices and bond yields often reacting sharply when they are released.