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Surging jobless claims and big layoff announcements are not signs of a collapsing labor market. Here's why.
MarketWatch· 2026-02-05 16:06
Core Viewpoint - Unemployment remains very low and is expected to continue at this level [1] Group 1 - The current unemployment rate indicates a strong labor market [1] - Projections suggest that unemployment will not rise significantly in the near future [1]
BOE Holds Rates at 3.75% in Tight Decision
Bloomberg Television· 2026-02-05 15:27
Let me start with you. The vote split. A bit of a surprise, then, I guess.Yes, it is. But at the same time, it's not because the data points clearly in the direction of falling inflation. So let me maybe frame it from the perspective of supply and demand shocks.So what we saw in 2025 was a year of a couple shocks. So these were negative supply shocks because of fiscal policy and because of tariffs. Right.So it was more expensive for firms to produce and they had to pass on some of the high prices. But going ...
Layoffs in January were the highest to start a year since 2009, Challenger says
CNBC Television· 2026-02-05 14:45
weekly jobless comes rising unexpectedly to 231,000. Uh that that's against the uh hang on the prior week four-week moving average 212 rising to 231 uh from 209 and I think 212 was expected continuing claims Joe rising to it looks like 1.844% million uh from 1.819%. So uh a little bit of deterioration there on both sides.I'm trying to figure out when that was the uh the least one or the highest one since. Uh and it looks like uh you got to go back quite a ways here. Um anyway, back to certainly last year so ...
X @Bloomberg
Bloomberg· 2026-02-05 13:36
Applications for US unemployment benefits rose by more than forecast last week, when severe winter weather curtailed business activity https://t.co/JSyT5IV3Fh ...
Goldman Sachs resets Fed rate cut outlook under Warsh
Yahoo Finance· 2026-02-05 02:03
Group 1 - Jerome Powell's term ends on May 15, and President Trump has nominated Kevin Warsh, who is expected to be confirmed easily by Congress [1] - Warsh is historically viewed as a hawk, having criticized quantitative easing and low rates aimed at stimulating the economy [1] - Goldman Sachs suggests that a Fed led by Warsh may not necessarily keep rates higher, indicating that interest rate cuts and quantitative easing remain possible [2] Group 2 - Wall Street expresses concern that under Warsh, the Fed may not cut rates as aggressively [3] - The Fed's monetary policy is influenced by a dual mandate, which aims to balance unemployment and inflation, often leading to conflicting goals [4] - Goldman Sachs believes that Warsh's views on inflation and artificial intelligence as a deflationary force may lead to rate cuts, with expectations of two reductions in 2026 [6]
美国经济-沃尔什情景假设-US Economic Weekly_ Warsh Case Scenario
2026-02-03 02:49
Global Markets Research US Economic Weekly 30 January 2026 President Trump has nominated former Fed Governor Kevin Warsh to be Powell's replacement as chair. We expect Warsh will be dovish in the near term as Fed chair, with political pressure to maintain easy financial conditions outweighing his long-held hawkish views. Economics - North America Warsh Case Scenario Trump nominates Kevin Warsh as next Fed Chair Warsh is not a Trump insider, which reduces the likelihood that he will push for the drastic rate ...
Jobs Report Delayed Because of Partial Shutdown
Nytimes· 2026-02-02 19:01
Core Insights - The report scheduled for Friday is expected to provide important data regarding job growth, unemployment, and wages for January [1] Group 1 - The report will include data on job growth [1] - Unemployment statistics will be featured in the report [1] - Wage information for January will also be included [1]
X @Bloomberg
Bloomberg· 2026-02-02 10:39
Men are becoming unemployed at a faster pace than women across Britain — and many of those jobless male voters are turning to Nigel Farage and his Reform party. https://t.co/gIu88abpZA📷: Henry Nicholls / Getty https://t.co/iEJzBtXhDl ...
Euro Rally Is Latest Risk to ECB’s Inflation Outlook
Yahoo Finance· 2026-02-01 11:57
The ECB, which also publishes quarterly surveys on bank lending and professional forecasters’ economic views in the coming week, is one of a dozen central banks due to set rates. The UK, Mexico and the Czech Republic are also expected to hold, while India and Poland may cut. Australia’s RBA might become the first major central bank to hike this year.“Europe has had a geopolitically turbulent start to the year, and the ECB will likely continue to focus on the forest instead of the trees. That means it will p ...
X @The Economist
The Economist· 2026-01-29 15:20
Faster growth would make problems like high unemployment easier to fix. To get there, Nigeria and South Africa will have to redouble their reform efforts https://t.co/hYQ391O8OF ...