Job Creation
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X @Bloomberg
Bloomberg· 2025-10-14 18:16
Morocco must step up the pace of economic reforms and create more jobs for its youth, according to its finance minister, who described recent Gen Z protests as a “wake up call” for the kingdom https://t.co/JehwXCu0Gq ...
X @Bloomberg
Bloomberg· 2025-10-07 06:18
Africa urgently needs large-scale job creation to meet the demands of frustrated young people, the World Bank warns https://t.co/fspldVEwGD ...
Fed Chair Powell: Data from BLS is 'good enough to do our work'
CNBC Television· 2025-09-17 19:39
We saw the preliminary benchmark revisions uh down 911,000. Um the revisions for June were the first negative revisions we've seen since December of 2020. You know, how can the Fed base important decisions on rate uh and what to do with the inter with the interest rates on data that seems to be as you've called it in the past noisy.>> So on on the QCW um the provision that we saw was almost exactly what we expected. It it was amazing how close the expectation was. So, and the reason for that is for the last ...
X @Bloomberg
Bloomberg· 2025-09-14 18:00
The US Bureau of Labor Statistics' revised data shows that only half the jobs we thought had been created between March 2024 and March 2025, actually materialized.@keds_economist joins @chafkin and @svaneksmith to unpack the conflicting signals that economic data and the stock market give us — and what they say about the health of the economy https://t.co/qSwm0RcP17 ...
X @Bloomberg
Bloomberg· 2025-09-12 11:00
The US Bureau of Labor Statistics' revised data shows that only half the jobs we thought had been created between March 2024 and March 2025, actually materialized.@keds_economist joins @chafkin and @svaneksmith to unpack the conflicting signals that economic data and the stock markets give us — and what they say about the health of the economy https://t.co/qSwm0RcP17 ...
'We got trouble right around the corner': what the latest job numbers say about Trump's economy
MSNBC· 2025-09-05 20:32
Economic Indicators & Analysis - Job creation has stalled after four plus years of strong growth, transitioning to a "no hire, no fire" situation [1][2] - Uncertainty surrounding tariffs in May and June contributed to the slowdown in job creation [2] - The Federal Reserve (Fed) is likely to cut interest rates due to the softening job market, although inflation data remains a key factor [5] - The economy may be heading towards a period of rising unemployment and rising inflation [27] Labor Market Disparities - Job losses are not uniform across the board, with white men and black women experiencing employment declines since the beginning of the year [7] - Manufacturing has lost jobs since January, contradicting the argument that tariffs would bring manufacturing back to America [8][9] - Government job losses are largely driven by federal government cuts [9] Trade & Tariff Policy - Incompetent and incoherent tariffs are detrimental to the economy, particularly tariffs on inputs like steel and aluminum [12][13] - Steel tariffs implemented in the previous administration led to the loss of approximately 1,000 jobs [10][11] Inflation & Cost of Living - The cost of living remains a primary concern for American families, outweighing the job situation [19] - Over the past five years, food prices have increased by 26%, auto insurance prices by 30-40%, and housing costs by 50% [19][20] - Inflation remains higher than the Fed's target, creating a dilemma between addressing inflation and stimulating the job market [20] Political Implications - The economy matters politically, especially how people feel about their jobs [15] - Frustrations related to high prices and the perceived lack of economic improvement are influencing voters, particularly swing voters who previously supported Biden and then switched back to Trump [24][25]
X @Bloomberg
Bloomberg· 2025-09-05 09:15
Housing Market & Inflation - Job creation increase is unlikely to resolve housing affordability issues [1] - Job creation increase is unlikely to resolve inflation pressures [1] Labor Market Sentiment - Worker pessimism will be difficult to change [1]
X @Investopedia
Investopedia· 2025-09-03 11:00
With the economy at a turning point, Friday's report on job creation will attract even more attention than usual. Forecasters expect it to show August was lackluster for job growth. https://t.co/bxHuY6SBSQ ...
Massachusetts Governor on Research Funding, Harvard, Tariffs
Bloomberg Television· 2025-08-01 18:30
Economic Development & Investment - Massachusetts aims to reinforce its position as a global hub for innovation, entrepreneurship, science, and research by leveraging public investment in research with additional private funding [2][3] - The investment in research is expected to act as a catalyst for job creation across various sectors, including construction, real estate, hospitality, restaurants, and retail [5] - Massachusetts faces competition from China in attracting and retaining scientists and researchers, emphasizing the need to keep talent within the state and contribute to American GDP and global dominance [6] - The state government acknowledges the need to compensate for potential funding uncertainties from the federal government by proactively investing in research and development [2][7] Trade & Tariffs - Tariffs are viewed as taxes that can negatively impact key sectors, such as housing, due to increased lumber costs from Canada [13] - Massachusetts exported $3 billion in goods to Canada in 2024, highlighting Canada as the state's third-largest trading partner [13] - The current administration's tariff policies are causing uncertainty, hindering capital deployment and potentially diverting investment away from the United States [17] - Tourism in New England has experienced a decline of 20-60% due to the treatment of Canadian visitors [21] Political Landscape - Concerns are raised about efforts to weaponize governmental bodies against universities, potentially silencing critics and undermining academic freedom [11] - The governor expresses concerns about redistricting efforts in Texas, emphasizing the importance of fair representation [25][26]
US Adds 73,000 Jobs in July, Unemployment Rate Rises to 4.2%
Bloomberg Television· 2025-08-01 12:57
We got a very disappointing number here that this is going to get Wall Street's attention. 73,000 jobs created during the month of July. The forecast, as you said, was for 104, and we came down from 147 last month.Looking to see what the revisions are right now. The three month revisions add to payrolls by 35,000. So that has to be factored in.Private payrolls, 83,000. They were 74,000 last month. So it looks like government has subtracted from the overall level of jobs and that would be a rebound or a goin ...