The October jobs report is set for release Friday morning and is expected to show that job growth in the US slowed afterThe monthly labor report from the Bureau of Labor Statistics, set for release at 8:30 a.m. ET, is expected to show nonfarm payrolls in September rose by 180,000 while the unemployment rate remained flat at 3.8%, according to consensus estimates compiled by Bloomberg.
"The wage increases have really come down significantly over the course of the last 18 months to a level where they’re substantially closer to that level that would be consistent with 2% inflation over time," Powell said on Wednesday.As of Thursday afternoon, markets are pricing in a roughly 80% chance the Fed doesn't raise rates at its next meeting,Just a month ago, markets had priced in a 54% chance the central bank would hold rates steady at its final meeting in December.
MIAMI, FLORIDA - MARCH 10: Construction workers on a job site on March 10, 2023 in Miami, Florida. A report released by the Bureau of Labor Statistics showed the US economy added 311,000 jobs in February. The unemployment rate ticked up to 3.6% from 3.4%. Ex-Federal Prosecutor Damns Donald Trump Jr. With His Own Dad’s Catchphrase
The MSNBC anchor couldn’t believe an Instagram post from the GOP senator after clashing with the Department of Homeland Security secretary.Open an account today!Melania Appears Alongside Donald for First Time in Months at Halloween Bash "That's 17,000 soldiers you didn't have to blow up on the battlefield or destroy," the head of US Army Special Operations Command said in October.Reuters/Tasos KatopodisFederal prosecutors on special counsel Jack Smith’s team are growing increasingly fed up with Donald Trump’s delay tactics, warning a judge on Thursday that he may be trying to manipulate the court.