JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
Here’s what you need to know about the big jobs report Friday
A strong jobs market could equal a weak stock market if current trends hold up. Friday’s nonfarm payrolls report will…
Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000
The unemployment rate rose sharply in August, as the summer of 2023 neared a close with a job market in…
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…
Black unemployment rate ticks lower in July as jobs market remains tight
The unemployment rate for Black workers fell slightly in July as the broader labor market remains tight. Black workers’ jobless…
July jobs report: U.S. payroll growth totaled 187,000, lower than expected
Job growth in July was less than expected, pointing to a slower pace in the U.S. economy though perhaps not…
Here’s everything you need to look for in Friday’s July jobs report
Friday’s jobs report could provide a crucial piece to the increasingly complicated puzzle that is the U.S. economy and its…
Job openings, layoffs declined in June in a positive sign for the labor market
Job vacancies and layoffs edged lower in June, according to a report Tuesday that points to a stable labor market.…
The unemployment rate among Black workers increased in June for the second month in a row
The overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to…
Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles
Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls…
