All articles tagged with #employment report
The US jobs market shows signs of stagnation with rising layoffs reported by large companies and low hiring activity, but low jobless claims and stable unemployment rates suggest it isn't collapsing yet. The delayed employment reports due to the government shutdown complicate the assessment of the labor market's health, which may remain uncertain until early next year.
ADP announced the release of a weekly preliminary U.S. employment estimate, providing near real-time data on private-sector job changes, with an estimated increase of 14,250 jobs over four weeks ending October 11, 2025, complementing their monthly comprehensive jobs report.
E.J. Antoni, President Trump's nominee to lead the Bureau of Labor Statistics, suggests suspending the monthly jobs report due to concerns over its accuracy and revisions, proposing quarterly data as a more reliable alternative, which could impact economic planning and policy decisions.
The July U.S. employment report indicates a stagnant labor market with fewer hires and downward revisions for previous months, influenced by trade uncertainties and tariffs under the Trump administration. While some sectors like healthcare show growth, manufacturing and others are struggling, reflecting broader economic uncertainty and challenges in revitalizing manufacturing jobs. Experts suggest that ongoing tariff disputes and policy uncertainties are dampening business investment and hiring, posing risks to economic stability.
President Donald Trump fired the Biden-appointed Commissioner of the Bureau of Labor Statistics after a disappointing jobs report showed weaker-than-expected employment growth and downward revisions to previous months' data, citing concerns over political manipulation of the figures.
Stock markets showed cautious optimism ahead of the US employment report, with bonds rebounding and stocks reaching record highs, amid concerns over US hiring slowdown, fiscal policy, and interest rate outlooks.
US bond traders are experiencing a strong first half of the year with gains driven by expectations of Federal Reserve rate cuts, a cautious approach to economic data, and geopolitical uncertainties. The market anticipates potential rate reductions as economic growth shows signs of slowing, with upcoming employment data and trade negotiations influencing investor sentiment. Despite macroeconomic challenges, Treasuries remain attractive, and traders are positioning for further gains depending on economic indicators and Fed policy signals.
The final week of June features key market events including manufacturing data, Tesla's delivery numbers, Powell's speech, and the jobs report, all amid holiday trading and ongoing trade negotiations, which could lead to increased volatility and important insights into economic health and sector performance.
The March nonfarm payrolls report is expected to show continued solid job growth, with an anticipated gain of 200,000 jobs, though concerns linger about the accuracy of initial numbers and potential downward revisions. The composition of job growth and signs of inflation pressures will be closely watched, with particular attention to household employment, full-time versus part-time employment, and average hourly earnings. Federal Reserve officials are expected to monitor these factors for potential impacts on monetary policy, with market expectations leaning towards gradual interest rate cuts starting in June.
The ADP National Employment Report for January reveals a 107,000 increase in private sector employment and a 5.2% rise in annual pay year-over-year. The report, based on anonymized payroll data of over 25 million U.S. employees, also indicates a hiring slowdown and easing pressure on wages. The findings suggest a positive economic outlook despite the hiring slowdown, with wages adjusted for inflation showing improvement over the past six months.
Gold and silver prices remain steady as traders await the U.S. employment situation report, which is expected to show an increase in non-farm payrolls. Asian and European stock markets are mixed, while U.S. stock indexes are set for a narrowly mixed opening. China's November exports slightly exceeded expectations, while imports fell slightly. The U.S. dollar index is lower, crude oil prices are firmer, and the yield on the benchmark U.S. Treasury 10-year note is at 4.151%. U.S. economic data to be released includes the weekly jobless claims report, Challenger job-cuts report, monthly wholesale trade, and consumer credit. Technically, gold and silver futures remain in an uptrend but show signs of exhaustion, with resistance and support levels identified.
The article discusses the disparity between market expectations and the latest employment report, suggesting that the Federal Reserve may eventually disappoint both Wall Street and Main Street as their perspectives on the economy diverge.
A key report on the labor market may be overestimating job growth, according to analysts. The report, known as the Job Openings and Labor Turnover Survey (JOLTS), has been criticized for its methodology, which some argue leads to inflated job growth figures. Critics point out that JOLTS counts job openings regardless of whether they are filled or not, potentially skewing the data. While JOLTS is considered an important economic indicator, experts caution that it should be interpreted with caution and used in conjunction with other labor market data for a more accurate assessment.
The US stock market was closed on Good Friday, giving investors time to digest the employment report which showed the US economy added 236,000 jobs in March, with the unemployment rate dipping to 3.5%. The report has increased the chance of the Federal Reserve hiking interest rates early next month. The Fed is expected to continue hiking in May rather than pause, bringing the benchmark rate to a target range of 5% to 5.25%. The stock market is expected to remain "rangebound" through much of 2023 as it works through "all the uncertainty and all the crosscurrents."
Gold and silver prices are slightly down and up respectively, after hitting 12-month highs on Wednesday. Upbeat US jobless claims numbers briefly rallied the US dollar index, prompting a pullback in gold prices and some profit-taking. Brazil, Russia, India, China, and South Africa plan to increase their gold reserves as the price of gold is back above $2,000 an ounce due to an increasingly bipolar geopolitical world. The US markets will have to wait until Monday to react to Friday's US employment situation report for March from the Labor Department.