New jobs data from the Labor Department on Friday is expected to be similar to August.Nasdaq Composite. Shares of the AI darling climbed more than 3%. October has gotten off to a shaky start as all three major averages are on pace to snap a three-week win streak. Follow. A major union for U.S. dockworkers on the East Coast and Gulf Coast agreed to a tentative deal on wages with the United States Maritime Alliance late Thursday, sending tens of thousands of workers back to the job.
"We're Hiring" flyers displayed at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024.150,000 in September from 142,000 the month before with a steady 4.2% unemployment rate, according to Dow Jones. The forecast for wages is a 0.3% monthly gain and a 3.8% increase from last year. If the predicted numbers hold true, theyfrom the Federal Reserve that further interest rate cuts wouldn't be behind the curve and risk a recession.
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