The Labor Department's March jobs report is expected to show that hiring slowed last month as the labor market cools with higher interest rates.
Founder, editor and CEO of SideHusl.com Kathy Kristof joined ‘Varney & Co.’ to share some of her best tips and tricks on how consumers can supplement their wealth with new job opportunities.
All eyes will be on the March jobs report when it comes out Friday morning amid signs the once rock solid labor market is finally beginning to crack in the face of higher interest rates. is projected to show that hiring increased by 239,000 last month and that the unemployment rate held steady at 3.6%, according to a median estimate by Refinitiv economists.
That would mark a drop from the 311,000 gain in February and would be the weakest monthly job growth since December 2020.While monthly jobs data is always important, theis closely watching this particular report for evidence that the labor market is finally softening after months of strong job gains as policymakers try to wrestle inflation under control. The consumer price index has cooled slightly from a peak of 9.
A lower-than-expected figure on Friday could be a welcoming sign for the U.S. central bank, which has already approved nine straight interest rate hikes and opened the door to a 10th increase at its May meeting.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Company fined for child labor replaces CEO, launches fund to fight child laborPackers Sanitation Services Inc. has appointed a new CEO amid fallout from a Labor Dept. investigation that found more than 100 children illegally working dangerous jobs for PSSI cleaning slaughterhouses in 13 locations across eight states.
Weiterlesen »
Higher March Jobless Claims Add to Signs of Cooling Labor MarketFilings for unemployment benefits were larger than previously thought last month, according to new government calculations.
Weiterlesen »
Propst Arena to host 2024, 2025 Conference USA basketball championshipsConference USA Commissioner Judy MacLeod announced that the 2024 and 2025 Conference USA Men’s & Women’s Basketball Championships will be hosted at the Huntsville arena.
Weiterlesen »
Morning Bid: Markets labor under recession cloudA look at the day ahead in U.S. and global markets from Mike Dolan.
Weiterlesen »
Senators ask 27 CEOs to confirm their companies follow child labor lawsExclusive: Democratic senators demand responses from 27 CEOs on their companies’ compliance with labor laws, in the wake of federal investigations and media reports on illegal child labor, including an NBCNews series on children cleaning slaughterhouses.
Weiterlesen »
Senators ask 27 CEOs to make sure their companies comply with child labor laws'[E]xamine your own child labor practices and ensure you are compliant with federal labor laws,' wrote Sens. Padilla and Hickenlooper to Target, J.Crew, General Mills and 24 others.
Weiterlesen »