S&P 500 Clinches Best Week Since November 2022

Updated Nov. 3, 2023 5:26 pm ET The S&P 500 rallied Friday, capping its best weekly performance since November 2022, after the latest monthly jobs report suggested the Federal Reserve’s interest-rate raising campaign is working. The broad index gained 0.9%, bringing its gains for the week to 5.9%. The index is up 14% this year. … Read more

Sharp U.S. Hiring Slowdown Signals Cooling Economy Ahead

Updated Nov. 3, 2023 10:16 am ET Hiring slowed sharply in October, a sign the economy is cooling this fall following a hot stretch over the summer. U.S. employers added 150,000 jobs in October, down from the previous month’s revised gain of 297,000, the Labor Department said Friday. That was the smallest gain since June, … Read more

New Zealand’s Jobless Rate Rose Sharply in Third Quarter

SYDNEY—New Zealand’s unemployment rate rose sharply in the third quarter as the job market cooled due to the strain higher interest rates, while the supply of workers rose due to solid immigration rates. The seasonally adjusted unemployment rate was 3.9% in the third quarter, compared with 3.6% in the prior quarter, StatsNZ said Wednesday. Copyright … Read more

Amid a strong labor market overall, employment opportunities for information technology professionals appear poor, according to an analysis by Janco Associates, which tracks federal data.

Amid a strong labor market overall, employment opportunities for information technology professionals appear poor, according to an analysis by Janco Associates, which tracks federal data. Source link

If The Job Market Is So Great, Why Do I Feel So Stuck?

Underneath blockbuster top-line data about new jobs is a not-so-rosy reality: White-collar jobs are getting tougher to land. Source link

Stocks Rally After Investors Digest Jobs Report

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IT Unemployment Soars to 4.3% Amid Overall Jobs Growth

Joblessness in IT last month surpassed the national rate of 3.8%, a sign that entry-level IT hiring might be slowing as AI-enabled automation takes hold. Source link

Pro Take: Gain of 336,000 Jobs Isn't What Fed Had in Mind With Rate-Hike Campaign

Where does the shocker September jobs report leave Federal Reserve policy makers? Scratching their heads, most likely. Source link

Stocks Rally After Investors Digest Jobs Report

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Canada Jobs Gains Surge, Wages Rise in August

The number of employed in Canada rose by 63,800 in September from the month before with the unemployment rate steady for a third straight month at 5.5%. Source link