U.S. Economy Unexpectedly Lost 23,000 Jobs in July, Confounding Forecasts of a Gain The U.S. economy shed 23,000 nonfarm payroll jobs in July, the Bureau of Labor Statistics reported Friday, August 7 — a sharp reversal from economists’ expectations of solid job gains and the first outright payroll decline in months, even as the unemployment … Read more
July Jobs Report Due Today — Economists Expect 85,000 New Jobs After a Rocky Few Months The Bureau of Labor Statistics releases its closely watched July employment report today, Friday, August 7, at 8:30 a.m. ET, capping a week of mixed labor market signals that have left economists and investors uncertain about whether the U.S. … Read more
Job Openings Slip to 7.36 Million in June, Falling Short of Expectations Ahead of Friday’s Jobs Report U.S. job openings edged lower in June, coming in below Wall Street’s expectations and offering the latest signal of a labor market that continues to cool gradually rather than dramatically, according to data released Tuesday, August 4, by … Read more
Oil Tumbles as Wall Street Reacts to Trump’s Iran De-Escalation, With Jobs Report and Big Earnings Still Ahead This Week Oil prices dropped sharply to start the week after President Trump announced he had called off a planned military strike on Iran in favor of pursuing a diplomatic deal, giving markets a jolt of relief … Read more