-
Jobs Report Confirms ‘Exceptional Labor Market:’ El-Erian
“For the markets, look, this means March is off the table,” says Bloomberg Opinion columnist Mohamed El-Erian as he examines the US January jobs report and explains why “it’s a bit of a headache” for the Federal Reserve. His opinions are his own.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-02-02/us-payrolls-surge-by-353-000-at-start-of-year-wages-also-jump
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published: 02 Feb 2024
-
What to expect in the workplace and job market in 2024
LinkedIn editor-in-chief Dan Roth joins TODAY to share their Big Ideas 2024 list, which includes predictions that people will stop saving for college, companies will embrace remote work again and more.
» Subscribe to TODAY: https://www.youtube.com/@TODAY
About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series.
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published: 08 Dec 2023
-
Is 2024 the year the job market rebounds? | World Business Watch
Big tech and media companies in the US have kicked off 2024 with fresh plans to cut jobs, signaling the spate of layoffs seen last year will likely continue as firms navigate persistent economic uncertainty.
#layoffs #google #us
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this ...
published: 29 Jan 2024
-
Worse-than-expected U.S. jobs report | ABCNL
The Labor Department says the U.S. economy has added 187,000 jobs in July while the unemployment rate dropped to 3.5%.
WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM
LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews
FOLLOW ABC News on TWITTER: https://twitter.com/abc
#unemployment #economy #abcnl #abcnews
published: 04 Aug 2023
-
Is the US Jobs Market Finally Beginning to Weaken?
Initial and continuing unemployment claims are on the rise. Although they remain low by historical standards, continuing claims increased to 1,865,000 during the week ending April 8, their highest level since November 2021. Is the Fed’s year-long anti-inflation campaign, intended to cool the US economy, finally starting to weaken the job market? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the sto...
published: 25 Apr 2023
-
Why Is the US Jobs Market So Resilient?
September’s jobs surge surprised even the most optimistic of pundits, with the monthly increase in hirings almost doubling economists’ forecasts. What’s driving the incredible resiliency of the current US jobs market? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
--------
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Connect with us on…
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Breaking News on ...
published: 10 Oct 2023
-
U.S. jobs report shows the labor market is cooling, says Evercore ISI's Krishna Guha
Krishna Guha, Evercore ISI vice chairman, joins 'Squawk on the Street' to discuss the Fed's next move after a cool jobs report. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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published: 11 Jul 2023
-
June jobs report shows cooling U.S. labor market
The U.S. added 209,000 jobs in June, the Labor Department reported on Friday. The unemployment rate dropped slightly to 3.6% from 3.7% in the prior month. CBS News reporter Sarah Ewall-Wice has more.
#news #jobs #usnews
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News:...
published: 07 Jul 2023
-
Why Widespread Tech Layoffs Keep Happening Despite A Strong U.S. Economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The AI boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year-to-date.
The U.S. economy is also doing surprisingly well, adding 353,000 jobs in January, well ahead of economists' forecasts. Hotter-than-expected inflation data may also keep the Fed from cutting rates as soon as the market expects, a sign that the economy remains strong enough to support higher interest rates for longer.It's a different story for tech workers, though.
"The layoffs to the start of 2024 signal a dramatic shift in the tech industry," said Jeff Shulman, professor at the University of Washington's Foster School of Business. "We're going to continue to see layoffs happen as the future of work has chan...
published: 23 Feb 2024
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What’s Behind the Blowout Jobs Number? Unpacking January’s U.S. Nonfarm Payrolls | Market Takes
The latest report on U.S. jobs showed a huge month for the economy, with the U.S. adding 353,000 jobs and the unemployment rate dropping. But there are a couple worrisome indicators. We’ll dig into the report to explain how the report could affect the Fed’s outlook and shape the market going forward.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Jobs #Markets #DionRabouin
published: 02 Feb 2024
2:04
Jobs Report Confirms ‘Exceptional Labor Market:’ El-Erian
“For the markets, look, this means March is off the table,” says Bloomberg Opinion columnist Mohamed El-Erian as he examines the US January jobs report and expl...
“For the markets, look, this means March is off the table,” says Bloomberg Opinion columnist Mohamed El-Erian as he examines the US January jobs report and explains why “it’s a bit of a headache” for the Federal Reserve. His opinions are his own.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-02-02/us-payrolls-surge-by-353-000-at-start-of-year-wages-also-jump
--------
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https://wn.com/Jobs_Report_Confirms_‘Exceptional_Labor_Market_’_El_Erian
“For the markets, look, this means March is off the table,” says Bloomberg Opinion columnist Mohamed El-Erian as he examines the US January jobs report and explains why “it’s a bit of a headache” for the Federal Reserve. His opinions are his own.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-02-02/us-payrolls-surge-by-353-000-at-start-of-year-wages-also-jump
--------
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- published: 02 Feb 2024
- views: 17491
4:48
What to expect in the workplace and job market in 2024
LinkedIn editor-in-chief Dan Roth joins TODAY to share their Big Ideas 2024 list, which includes predictions that people will stop saving for college, companies...
LinkedIn editor-in-chief Dan Roth joins TODAY to share their Big Ideas 2024 list, which includes predictions that people will stop saving for college, companies will embrace remote work again and more.
» Subscribe to TODAY: https://www.youtube.com/@TODAY
About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series.
Connect with TODAY Online!
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About: TODAY All Day is a 24/7 streaming channel bringing you the top stories in news and pop culture, celebrity interviews, cooking, and more. All in one place.
#job #economy #linkedin
https://wn.com/What_To_Expect_In_The_Workplace_And_Job_Market_In_2024
LinkedIn editor-in-chief Dan Roth joins TODAY to share their Big Ideas 2024 list, which includes predictions that people will stop saving for college, companies will embrace remote work again and more.
» Subscribe to TODAY: https://www.youtube.com/@TODAY
About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series.
Connect with TODAY Online!
Visit TODAY's Website: https://www.today.com/
Find TODAY on Facebook: https://www.facebook.com/today
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About: TODAY All Day is a 24/7 streaming channel bringing you the top stories in news and pop culture, celebrity interviews, cooking, and more. All in one place.
#job #economy #linkedin
- published: 08 Dec 2023
- views: 79890
2:17
Is 2024 the year the job market rebounds? | World Business Watch
Big tech and media companies in the US have kicked off 2024 with fresh plans to cut jobs, signaling the spate of layoffs seen last year will likely continue as ...
Big tech and media companies in the US have kicked off 2024 with fresh plans to cut jobs, signaling the spate of layoffs seen last year will likely continue as firms navigate persistent economic uncertainty.
#layoffs #google #us
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
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https://wn.com/Is_2024_The_Year_The_Job_Market_Rebounds_|_World_Business_Watch
Big tech and media companies in the US have kicked off 2024 with fresh plans to cut jobs, signaling the spate of layoffs seen last year will likely continue as firms navigate persistent economic uncertainty.
#layoffs #google #us
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
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- published: 29 Jan 2024
- views: 3742
2:31
Worse-than-expected U.S. jobs report | ABCNL
The Labor Department says the U.S. economy has added 187,000 jobs in July while the unemployment rate dropped to 3.5%.
WATCH the ABC News Live Stream Here: htt...
The Labor Department says the U.S. economy has added 187,000 jobs in July while the unemployment rate dropped to 3.5%.
WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM
LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews
FOLLOW ABC News on TWITTER: https://twitter.com/abc
#unemployment #economy #abcnl #abcnews
https://wn.com/Worse_Than_Expected_U.S._Jobs_Report_|_Abcnl
The Labor Department says the U.S. economy has added 187,000 jobs in July while the unemployment rate dropped to 3.5%.
WATCH the ABC News Live Stream Here: https://www.youtube.com/watch?v=w_Ma8oQLmSM
LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews
FOLLOW ABC News on TWITTER: https://twitter.com/abc
#unemployment #economy #abcnl #abcnews
- published: 04 Aug 2023
- views: 6108
1:05
Is the US Jobs Market Finally Beginning to Weaken?
Initial and continuing unemployment claims are on the rise. Although they remain low by historical standards, continuing claims increased to 1,865,000 during th...
Initial and continuing unemployment claims are on the rise. Although they remain low by historical standards, continuing claims increased to 1,865,000 during the week ending April 8, their highest level since November 2021. Is the Fed’s year-long anti-inflation campaign, intended to cool the US economy, finally starting to weaken the job market? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
--------
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https://wn.com/Is_The_US_Jobs_Market_Finally_Beginning_To_Weaken
Initial and continuing unemployment claims are on the rise. Although they remain low by historical standards, continuing claims increased to 1,865,000 during the week ending April 8, their highest level since November 2021. Is the Fed’s year-long anti-inflation campaign, intended to cool the US economy, finally starting to weaken the job market? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
--------
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Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
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- published: 25 Apr 2023
- views: 12167
1:09
Why Is the US Jobs Market So Resilient?
September’s jobs surge surprised even the most optimistic of pundits, with the monthly increase in hirings almost doubling economists’ forecasts. What’s driving...
September’s jobs surge surprised even the most optimistic of pundits, with the monthly increase in hirings almost doubling economists’ forecasts. What’s driving the incredible resiliency of the current US jobs market? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
--------
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
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https://wn.com/Why_Is_The_US_Jobs_Market_So_Resilient
September’s jobs surge surprised even the most optimistic of pundits, with the monthly increase in hirings almost doubling economists’ forecasts. What’s driving the incredible resiliency of the current US jobs market? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
--------
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
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- published: 10 Oct 2023
- views: 4662
2:31
U.S. jobs report shows the labor market is cooling, says Evercore ISI's Krishna Guha
Krishna Guha, Evercore ISI vice chairman, joins 'Squawk on the Street' to discuss the Fed's next move after a cool jobs report. For access to live and exclusive...
Krishna Guha, Evercore ISI vice chairman, joins 'Squawk on the Street' to discuss the Fed's next move after a cool jobs report. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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https://wn.com/U.S._Jobs_Report_Shows_The_Labor_Market_Is_Cooling,_Says_Evercore_Isi's_Krishna_Guha
Krishna Guha, Evercore ISI vice chairman, joins 'Squawk on the Street' to discuss the Fed's next move after a cool jobs report. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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- published: 11 Jul 2023
- views: 3336
4:13
June jobs report shows cooling U.S. labor market
The U.S. added 209,000 jobs in June, the Labor Department reported on Friday. The unemployment rate dropped slightly to 3.6% from 3.7% in the prior month. CBS N...
The U.S. added 209,000 jobs in June, the Labor Department reported on Friday. The unemployment rate dropped slightly to 3.6% from 3.7% in the prior month. CBS News reporter Sarah Ewall-Wice has more.
#news #jobs #usnews
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
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https://wn.com/June_Jobs_Report_Shows_Cooling_U.S._Labor_Market
The U.S. added 209,000 jobs in June, the Labor Department reported on Friday. The unemployment rate dropped slightly to 3.6% from 3.7% in the prior month. CBS News reporter Sarah Ewall-Wice has more.
#news #jobs #usnews
CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
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- published: 07 Jul 2023
- views: 6501
12:18
Why Widespread Tech Layoffs Keep Happening Despite A Strong U.S. Economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The AI boom remains in full swing. The tech-heavy Nasdaq index is up more than ...
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The AI boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year-to-date.
The U.S. economy is also doing surprisingly well, adding 353,000 jobs in January, well ahead of economists' forecasts. Hotter-than-expected inflation data may also keep the Fed from cutting rates as soon as the market expects, a sign that the economy remains strong enough to support higher interest rates for longer.It's a different story for tech workers, though.
"The layoffs to the start of 2024 signal a dramatic shift in the tech industry," said Jeff Shulman, professor at the University of Washington's Foster School of Business. "We're going to continue to see layoffs happen as the future of work has changed, as the future of technology has changed, and as investors appetite for risk and growth versus profitability has dramatically changed as well."
The number of tech sector layoffs in 2024 has been outpacing the number of terminations in 2023. So far, about 42,324 tech employees were let go in 2024, according to Layoffs.fyi, which tracks layoffs in the tech industry. That averages out to more than 780 layoffs each day in 2024. In 2023, nearly 263,000 tech employees got laid off, averaging about 720 firings each day that year.
There are several factors behind the churn. Artificial intelligence is at the forefront. Companies need to free up cash to invest in the chips and servers that power the AI models behind these new technologies. There's also the stock market effect. Companies that conducted layoffs haven't been punished for it, either by investors or on their bottom lines.
Watch the video above to find out more about why tech workers may be poised to endure another rough year of layoffs, and why the surprising strength of the U.S. economy may not be coming to their rescue.
Chapters:
0:00 — Intro
2:26 — Hiring and firing
4:24 — The AI effect
7:15 — The end of cushy tech jobs?
9:50 — What’s next?
Produced by Anuz Thapa
Edited by Michael Hoyt
Narration by Jordan Smith
Graphics by Jason Reginato and Christina Locopo
Supervising Producer Jeff Morganteen
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Why Widespread Tech Layoffs Keep Happening Despite A Strong U.S. Economy
https://wn.com/Why_Widespread_Tech_Layoffs_Keep_Happening_Despite_A_Strong_U.S._Economy
The tech sector is having a big 2024. Nvidia just crushed earnings expectations. The AI boom remains in full swing. The tech-heavy Nasdaq index is up more than 8 percent year-to-date.
The U.S. economy is also doing surprisingly well, adding 353,000 jobs in January, well ahead of economists' forecasts. Hotter-than-expected inflation data may also keep the Fed from cutting rates as soon as the market expects, a sign that the economy remains strong enough to support higher interest rates for longer.It's a different story for tech workers, though.
"The layoffs to the start of 2024 signal a dramatic shift in the tech industry," said Jeff Shulman, professor at the University of Washington's Foster School of Business. "We're going to continue to see layoffs happen as the future of work has changed, as the future of technology has changed, and as investors appetite for risk and growth versus profitability has dramatically changed as well."
The number of tech sector layoffs in 2024 has been outpacing the number of terminations in 2023. So far, about 42,324 tech employees were let go in 2024, according to Layoffs.fyi, which tracks layoffs in the tech industry. That averages out to more than 780 layoffs each day in 2024. In 2023, nearly 263,000 tech employees got laid off, averaging about 720 firings each day that year.
There are several factors behind the churn. Artificial intelligence is at the forefront. Companies need to free up cash to invest in the chips and servers that power the AI models behind these new technologies. There's also the stock market effect. Companies that conducted layoffs haven't been punished for it, either by investors or on their bottom lines.
Watch the video above to find out more about why tech workers may be poised to endure another rough year of layoffs, and why the surprising strength of the U.S. economy may not be coming to their rescue.
Chapters:
0:00 — Intro
2:26 — Hiring and firing
4:24 — The AI effect
7:15 — The end of cushy tech jobs?
9:50 — What’s next?
Produced by Anuz Thapa
Edited by Michael Hoyt
Narration by Jordan Smith
Graphics by Jason Reginato and Christina Locopo
Supervising Producer Jeff Morganteen
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Want to land your dream job in 2024? Take CNBC’s new online course How to Ace Your Job Interview to learn what hiring managers are really looking for: https://cnb.cx/4871WwH
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Why Widespread Tech Layoffs Keep Happening Despite A Strong U.S. Economy
- published: 23 Feb 2024
- views: 321956
16:48
What’s Behind the Blowout Jobs Number? Unpacking January’s U.S. Nonfarm Payrolls | Market Takes
The latest report on U.S. jobs showed a huge month for the economy, with the U.S. adding 353,000 jobs and the unemployment rate dropping. But there are a couple...
The latest report on U.S. jobs showed a huge month for the economy, with the U.S. adding 353,000 jobs and the unemployment rate dropping. But there are a couple worrisome indicators. We’ll dig into the report to explain how the report could affect the Fed’s outlook and shape the market going forward.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Jobs #Markets #DionRabouin
https://wn.com/What’S_Behind_The_Blowout_Jobs_Number_Unpacking_January’S_U.S._Nonfarm_Payrolls_|_Market_Takes
The latest report on U.S. jobs showed a huge month for the economy, with the U.S. adding 353,000 jobs and the unemployment rate dropping. But there are a couple worrisome indicators. We’ll dig into the report to explain how the report could affect the Fed’s outlook and shape the market going forward.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#Jobs #Markets #DionRabouin
- published: 02 Feb 2024
- views: 7033