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What a labor market slowdown could mean for Fed policy

According to RBC Captial’s November jobs report forecast, the unemployment rate will increase to 4% with labor force participation to remain the same. Growth in ADP’s private payroll data has also shrunk in recent months. What does this mean for the labor market at large? RBC Capital Markets US Economist Michael Reid joins Yahoo Finance’s Diane King Hall to discuss his forecast and what this could mean for the labor market and the Federal Reserve’s monetary policy going forward. “We’re looking for the headline payroll gain to come in around 185,000. But, We are looking for the unemployment rate to tick up to 4%. That would be in line with […]

How can workers get a ‘just transition’ amid the climate crisis? | The Stream

Labour unions worldwide have for decades been on the frontline of efforts to restore, protect and improve worker rights. But as the global climate crisis intensifies, they are demanding a worker-friendly green future. Environmental organisations have for years lobbied governments to swiftly move away from fossil fuels to renewable energy sources, and now a growing number of labour movements is pushing for a ‘just transition’ where workers have a voice. The International Labour Organization will also discuss ways to achieve such a transition during its annual conference starting June 5. In a recent sign of how labour organisations are prioritising climate change, the Canadian Labour Congress’ annual convention heard from […]

GOP debt ceiling plan would cost 800k jobs, economist testifies #shorts

Mark Zandi, Moody’s Analytics Chief Economist, said that the Limit, Save, Grow Act will cost 800,000 jobs. Zandi testified to the Senate Budget Committee on May 4, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and […]

🤔 Why did so many tech layoffs happen? #shorts

IBM Vice Chairman Gary Cohn discusses his views on the current health of the technology sector. Cohn joined Yahoo Finance Live on April 12, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn […]

🇺🇸 What the March jobs report could mean for future Fed rate hikes 💰 #shorts

Yahoo Finance Live breaks down the U.S. jobs report for March with experts and dissect what it could mean for the Fed’s interest rate plans, a soft or hard landing, and the possibility of a recession. Segment aired on April 10, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and […]

Job openings declined, but there are nearly 10M 🤯 #shorts

Jobs outlook: ADP payroll rises by 145,000, job openings hit 9.93M in February 2023. The biggest job openings that saw a decline were business, health care, transportation and warehousing. Segments aired from April 4-5, 2023. #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with […]

Layoffs ‘going to get worse from here,’ Charles Schwab’s Liz Ann Sonders says

#Layoffs #employment #yahoofinance Charles Schwab Chief Investment Strategist Liz Ann Sonders joins Yahoo Finance anchors Brian Sozzi, Julie Hyman and Brad Smith to discuss market uncertainty, Fed policy, recession indicators, tech industry layoffs, and the outlook for the labor market. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new […]

Zimbabwe new graduates start farming due to job shortage

Zimbabwe has a struggling economy and high unemployment, and many graduates can’t find jobs in their specialities. Now some of them are turning to farming, and are finding some success. But challenges remain, some of these farmers tell Al Jazeera, as the system is not set up to support their efforts. Al Jazeera’s @HaruMutasa reports from Goromonzi, Zimbabwe. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Zimbabwe #unemployment

Economic data expected out in first week of 2023

#inflation #FOMC #interestrates #Fed This segment originally aired on December 30, 2022. Yahoo Finance’s Jared Blikre highlights economic data to be released next week, including JOLTS and the December jobs report. Yahoo Finance’s Jared Blikre highlights economic data to be released next week, including JOLTS and the December jobs report.Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the […]

Job gains still ‘way too high’ for the Fed, economist says

#jobs #employment #FederalReserve #yahoofinance Deutsche Bank Securities Chief US Economist Matthew Luzzetti and Economic Cycle Research Institute Co-Founder Lakshman Achuthan join Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith to discuss Fed Chair Powell’s FOMC speech, the October jobs report, a recession, and the outlook for the labor force. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance […]