The extent of labor market weakness is still up for debate, but it's already bad for Black workers, @foxjust says (via @opinion) https://t.co/2LObzOprn7 ...

Unemployment rose modestly last month while payroll growth was limitedAFP via Getty ImagesThe jobs report from the Bureau of Labor Statistics (BLS) for November 2025 was finally released this morning, after a delay induced by the federal government shutdown. The report offers some anxiously awaited information on the job market - but probably not as much clarity as the Federal Reserve hoped it would get. The BLS did not field a household survey in October, so the November results must be compared with those ...

The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market.Hiring remained steady as US employers added 64,000 jobs in November, above expectations of a 50,000 increase, the Bureau of Labor Statistics said Tuesday.But the unemployment rate jumped to 4.6%, its highest level since September 2021 – up from 4.4% in September, according to government data.US employers added 64,000 ...

It is time for money, power, politics, and the labor market is showing more signs of weakness. Consulting firm Challenger says layoff announcements have officially topped more than 1 million this year. That is the most since the 2020 pandemic, which was when we shut the economy off basically.But while millions of Americans are struggling to make ends meet, the ultra wealthy are doing better than ever. According to UBS, 2900 billionaires now control nearly 16 trillion dollars thanks to soaring tech valuation ...

Core Viewpoint - Gold prices increased in early Asian trading, influenced by U.S. payroll data that raised concerns about labor market weakness [1] Group 1 - Gold edged higher in early Asian trading [1] - Sentiment was likely supported by U.S. payroll data [1] - Concerns about the weakness in labor markets were heightened [1]

Economic Data Summary - The 30-year mortgage rate increased from 6.34% to 6.46%, leading to a 12.7% decline in mortgage applications, with purchases down 1% and refinances down 20.6% [1][2] - The ADP employment report indicated a loss of 32,000 jobs, with the previous month's figure revised down from an increase of 54,000 to a decrease of 3,000 [2][3] - The annual rebenchmarking of the national employment report resulted in a reduction of 43,000 jobs for September, highlighting ongoing weakness in the labor market [3][4] Labor Market Insights - The ADP data showed that all company sizes except those with 500 or more employees experienced job losses, with larger companies gaining 33,000 jobs [4] - Jobless claims remain relatively strong, but there is a lack of hiring, indicating a stall in the labor market [10][4] - The overall labor market is not improving, with the ADP report suggesting a negative trend in government hiring that may affect future employment numbers [8][9] Market Reactions - The markets are slightly lower but have recovered from pre-market lows, with historical context suggesting that government shutdowns have not significantly impacted market performance [5][7] - Lower dollar values, decreasing yields, and falling crude oil prices indicate a rally in bonds, despite the labor market's stagnation [9][10]

Group 1 - Private businesses eliminated an estimated 34,000 jobs in September, indicating a decline in employment [1] - This marks the third decline in employment over the past four months, suggesting emerging weakness in the labor market [1] - The Federal Reserve responded to these labor market signals by cutting interest rates last month [1]

Wall Street took profits in high flying tech stocks, rotating into cheaper bets after the Fed delivered an interest rate cut under what Chair Jerome Powell described as an “unusual” situation of emerging labor-market weakness https://t.co/UdQXgkgCJ5 ...

Group 1 - US stocks experienced a rise on Thursday, with the Dow Jones Industrial Average and S&P 500 increasing over 0.3%, and the Nasdaq Composite gaining around 0.4% [1] - The Consumer Price Index (CPI) report for August indicated an annual headline inflation rate of 2.9%, up from 2.7% in July, with month-over-month prices rising by 0.4% compared to July's 0.2% increase [2] - The Federal Reserve is expected to proceed with interest rate cuts despite persistent inflation pressures, as recent labor market data shows signs of weakness, including a jump in unemployment benefit applications to 263,000, the highest in nearly four years [3] Group 2 - Traders are anticipating a 90% chance of a quarter-point reduction in interest rates during the September meeting [4] - Companies such as Kroger and Adobe are scheduled to report earnings on Thursday [4]

Core Insights - MSCI's global equities gauge reached a record high, while U.S. Treasury yields and the dollar declined due to rising expectations for interest rate cuts following softer labor market data overshadowing a higher-than-expected inflation reading [1] Inflation Data - The Consumer Price Index (CPI) increased by 0.4% in August, marking the largest rise in seven months, following a 0.2% increase in July, driven by a 0.4% rise in housing costs and a 0.5% increase in food prices, with food consumed at home rising by 0.6% [2] Labor Market Insights - Initial claims for state unemployment benefits rose by 27,000 to a seasonally adjusted 263,000 for the week ending September 6, the highest level since October 2021, exceeding economist estimates of 235,000 claims [3] - The increase in claims solidified expectations for the Federal Reserve to cut interest rates, with traders pricing in a 100% probability for a rate cut at the upcoming Fed meeting and a roughly 5% chance for a half percentage point cut [4] Market Reactions - The focus of the market shifted from CPI data to jobless claims, indicating potential further weakness in the labor market, which is influencing market sentiment [5] - Despite economic slowdown indicators, the market is pricing in additional Federal Reserve easing, supporting equity market performance, with major indexes achieving record closing highs: Dow Jones up 617.08 points (1.36%), S&P 500 up 55.43 points (0.85%), and Nasdaq Composite up 157.01 points (0.72%) [6]