News

Keep an eye on the unemployment rate in July's jobs report
Federal Reserve Chair Jerome Powell repeatedly described the labor market as solid and balanced at his press conference on ...
Here comes the July jobs report. The unemployment rate is the ‘main number you have to look at now,’ Fed’s Powell says.
The Federal Reserve won’t cut interest rates until it sees how inflation and job creation respond to higher tariffs. The next ...
Donald Trump's hated jobs report might bring him good news
Though Trump rejects the results of the report, Friday's jobs figures could raise the chances that the Fed cuts rates next ...
July Jobs Report: Labor Market Momentum Unravels As Revisions Reveal A Weaker Q2
The July jobs report reveals a sharp hiring deceleration with major downward revisions to previous months. Click here to read ...
Jobs Report: Here’s How Unemployment Has Trended in Recent Years
Today's jobs report is expected to show the unemployment rate inched higher in July to 4.2%, from 4.1% in June. Ahead of the ...
Black unemployment under Trump reaches its highest rate since the pandemic. Here’s what it could mean
Black workers are often last hired, first fired,” said Angela Hanks, chief of policy programs of The Century Foundation. The ...
Slow US job gains expected in July; unemployment rate forecast rising to 4.2%
U.S. job growth likely slowed in July, with the unemployment rate forecast rising back to 4.2%, but that probably would be ...
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
Black unemployment is rising—critics say Trump’s ‘Black jobs’ promise was a lie
Just like the workers on his construction projects, Donald Trump wrote the Black community a bad check during the campaign,” ...
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Sour jobs report adds pressure onto the Federal Reserve to cut rates in September
Last week’s surprisingly poor jobs report and massive downward revisions to previous months’ data have spurred renewed ...
In Rejecting the Jobs Report, Trump Follows His Own Playbook of Discrediting Unfavorable Data
And on Friday, when the July jobs report revisions showed a distressed economy, Trump had an answer: He fired the official in ...