The jobs report includes data on job creation, the unemployment rate, and wage growth. The report is released on the first Friday of every month by the Bureau of Labor Statistics to paint a picture of just how well the overall United States economy is doing. Ross Mac of Maconomics joined Yahoo Finance to break it all down. The segment is from April 3, 2024. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app […]
Stocks moved into positive territory Friday, with the Dow pulling just over the flat line as the prospect of deeper and earlier interest-rate cuts continued to buoy Wall Street’s spirits. The Dow Jones Industrial Average (^DJI) ticked up 0.1%, or about 30 points, after the blue-chip index closed at a fresh all-time high Thursday. The S&P 500 (^GSPC) was virtually unchanged, while the tech-heavy Nasdaq Composite (^IXIC) gained 0.5%. Markets rejoiced after the Federal Reserve’s surprise shift in tone to dovish this week, as it signaled more rate cuts in 2024 and acknowledged its anti-inflation campaign is gaining traction. That has helped drive a record-setting rally in US stocks, and […]
US stocks slipped on Wednesday amid fresh signs of economic malaise, as oil prices hit lows not seen since June and investors looked to data that signaled more cooling in the labor market. The S&P 500 (^GSPC) fell about 0.4% while the Dow Jones Industrial Average (^DJI) dropped more nearly 0.2% or about 70 points. The Nasdaq Composite (^IXIC) shed roughly 0.6%. Wednesday brought fresh signs of softening in the labor market, as the ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday’s soft reading on jobs openings bolstered optimism for a Fed pivot to cutting interest rates. Markets are […]
Yahoo Finance breaks down the September jobs report, the outlook for employment and a recession, plus what it means for the economy, markets, inflation, and future rate hikes. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #inflation #stockmarket 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, […]
#biden #jobsreport #recession #yahoofinance Following today’s June jobs report, President Biden said that the economic data points to stable and steady growth. But does this slowing pace of job growth signal the beginning of a recession? Yahoo Finance Senior Columnist Rick Newman breaks down the jobs report and what it means for the Biden administration. 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. […]
#fed #interestrates #jobsreport #yahoofinance Could June’s jobs data change or even dissuade the Fed’s plans for future interest rate hikes? Yahoo Finance Live co-hosts Rachelle Akuffo, Diane King Hall, and Seana Smith review this morning’s jobs report and how it could influence the Fed’s hiking cycle. 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 […]
#jobsreport #fed #yahoofinance June nonfarm payrolls slow to 209,000, marking 30 months of growth. Stephanie Roth, J.P. Morgan Private Bank Senior Markets Economist, and Dana Peterson, The Conference Board Chief Economist, join Yahoo Finance Live to break down the June jobs report and how the numbers could affect the Fed’s July interest rate decision. 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 […]
#youtube #yahoofinance #jobs The monthly employment report is consistently one of the most watched data releases. But what does it really tell us? Yahoo Finance’s Julie Hyman, Seana Smith, Josh Schafer, and Myles Udland debate whether or not the jobs report is useless. 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 […]
#jobsreport #youtube #yahoofinance May payrolls defied expectations, coming in at 339,000, much higher than the expected 195,000. But dig a little deeper, the headline numbers may not tell the whole story. Greg Daco, Chief Economist at EY and Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management break down the report with Yahoo Finance’s Julie Hyman and Brad Smith. 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 […]
