-
US Jobs Data May Hurt Stocks if it Lets the Fed Hold Back Rate Cuts
A closely watched update on the state of the US labor market will mark a powerful test of financial markets’ mettle. It will book-end a busy week of data releases that showed inflation has accelerated more than economists anticipated and the Federal Reserve pushed back on interest rate expectations. The Bureau of Labor Statistics (BLS) is expected to report that nonfarm payrolls added 110,000 jobs in July, marking a slowdown from the rise of 147,000 recorded in the previous month. An outcome in line with expectations would mark the smallest increase since February. The unemployment rate is seen ticking higher to ... (full story)
- Comments / Top
- Subscribe
thebigshot
Aug 1, 2025 4:46am
Permalink
antaryaami
Aug 1, 2025 6:43am
Permalink
-
Related Stories
Total nonfarm payroll employment changed little in July (+73,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.2 percent, also changed little in July. Employment continued to trend up in health care and in social assistance. Federal government continued to lose jobs. This news ...
FED'S HAMMACK: JOBS DATA WAS DISAPPOINTING FED'S HAMMACK: JOBS DATA WAS DISAPPOINTING - BLOOMBERG TV JOB MARKET BEARS WATCHING CLOSELY JOB MARKET IS STILL HEALTHY AND IN BALANCE BUT SHOULD BE WATCHED IS CONFIDENT FOMC DECISION WAS THE RIGHT ONE FED IS STILL SEEING PRESSURE ON INFLATION SIDE OF MANDATE INFLATION IS
Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000. June and May totals were revised sharply lower, down by a ...