Employers across the U.S. added 119,000 jobs in September, marking a pickup after previous employment data had shown a slowdown in hiring. The report marks the first official job tally since the government shutdown ended last week, ending a six-week blackout on labor data. The numbers Economists had forecast payroll gains of 50,000 jobs in September,…
Traders work on the floor of the New York Stock Exchange. (Bloomberg) — Bond traders all but scrapped their bets on a December interest-rate cut after the government canceled the publication of the October employment report, leaving Federal Reserve officials without a key piece of economic data before their final meeting of the year. Most…
The stock market will enter the third week of the government shutdown after a five-day run of market volatility shaped by US-China trade relations. At the closing bell on Friday, the S&P 500 (^GSPC), tech-heavy Nasdaq Composite (^IXIC), and Dow Jones Industrial Average (^DJI) all managed to eke out wins to cap a volatile week…
Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown. The Bureau of Labor Statistics is unlikely to release the monthly jobs report this Friday due to the closure. That means many flying blind without critical…
US stock futures pulled back as the US government barreled toward a government shutdown beginning Wednesday at 12:01 a.m. ET. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) fell 0.2%. On Tuesday evening, a government shutdown appeared all…
The U.S. Department of Labor said it would delay releases of economic data if the federal government shuts down this week, which could postpone Friday’s highly anticipated monthly jobs report. On Friday, the Labor Department posted a 73-page “contingency plan” detailing operations if government funding lapses at midnight on Sept. 30. If that occurs, the Bureau…
WASHINGTON (Reuters) -The Labor Department’s Bureau of Labor Statistics, under fire for recent sharp downward revisions to U.S. nonfarm payrolls and reductions to inflation data collection, is hiring about 25 part-time assistant economists, job postings showed. The positions advertised on USAjobs.gov, scattered across the country, are in the BLS’s Division of Price Programs, namely the…
The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty Images The White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of Labor Statistics, former President Joe Biden and Federal Reserve Chair Jerome…
US nonfarm payrolls for the 12 months ended March 2025 were slashed by 911,000 jobs, according to preliminary revisions released Tuesday by the Bureau of Labor Statistics. Economists had predicted a downward shift of 682,000 jobs for the period, according to analysts tracked by Bloomberg data. The revisions follow an August payrolls increase of only…
US stock futures trod water on Tuesday as investors waited for a revision to jobs numbers, seen as likely to show further labor-market weakness that could reset expectations for interest-rate cuts. Dow Jones Industrial Average futures (YM=F) nudged up 0.1%, while those on the S&P 500 (ES=F) gained 0.2%. Contracts on the tech-heavy Nasdaq 100…