The data for last week indicates a four-month low, suggesting that the US labour market remained fairly healthy
US jobs
Latest in US jobs
job market
US jobless claims fall to 4-month low, indicating strong job growth amid rate cuts
The latest unemployment data also offers confirmation that the US economy continued to expand in the third quarter
interest rates
US manufacturing PMI rebounds slightly to 47.2 in August amid mixed signals
The moderate uptick in factory productions in several industries last month comes
inflation
US Fed policymakers push for interest rate cuts as job market cools
The US central bank is widely expected to begin reducing its benchmark policy rate at its upcoming meeting on September 17-18
inflation
Fed officials confident inflation is cooling enough for interest rate cuts
Experts believe inflation is headed to the Fed’s 2% goal in light of recent “encouraging” data
unemployment
US weekly jobless claims decline, lower fears of labour market cooling
The development was a welcome reversal after last week’s surprise sharp jump in jobless claims
Elon Musk
Tesla on a hiring spree after mass firings
Tesla’s careers page pops up a number of jobs across functions – from construction and manufacturing to artificial intelligence and robotics
economic outlook
Fed won’t be tempted to rein in stimulus yet, but worries persist
The headline non-farm payrolls number came in above expectations, printing a very solid 850,000 new jobs versus analyst expectations of 725,000
job market
Pandemic recovery continues, but US job market remains puzzling
The two most recent job reports have left many watchers scratching their heads, having been hopeful of bumper job gains as the recovery continues