jobs report unemployment rate

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Weak Jobs Report Raises Chances of a Sep. Interest Rate Cut

Jobs report shocker resets Fed interest rate cut bets

Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets for a Fed interest rate cut in September improved to 87% on August 1 from 38% on July 31. The Fed held interest rates unchanged at a range of 4.25% to 4.50% on July 30, but not every voting member agreed.

Seeking Alpha on MSN · 2d

Keep an eye on the unemployment rate in July's jobs report

Federal Reserve Chair Jerome Powell repeatedly described the labor market as solid and balanced at his press conference on Wednesday after the Fed held rates at 4.25%-4.50%. Still, he acknowledged there are downside risks.

The New York Times · 1d

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.

Trump, Bureau of Labor Statistics and jobs

Yahoo · 7h

Trump axes Labor Statistics chief after his poor jobs report: ‘I believe the numbers were phony ... so I fired her’

President Trump on Friday directed his team to fire the commissioner of the Bureau of Labor Statistics following a dismal jobs report he blamed squarely on the appointee of former President Biden. Trump said on Truth Social that the commissioner, Erika McEntarfer, had “faked the Jobs Numbers” before the 2024 election in order to boost…

ABC News on MSN · 16h

Trump fires BLS commissioner after weak jobs report and baseless claim of 'faked' stats

President Donald Trump fired the commissioner of the Bureau of Labor Statistics on Friday after a new jobs report showed a major slowdown of hiring in recent months. In a social media post, Trump volleyed sharp criticism and baseless accusations at Erika McEntarfer, a Biden appointee who was confirmed by the Senate in 2024.

MSNBC · 18h

Rough day for Trump economy ends with Trump firing labor statistics boss

After the federal government put out a jobs report Donald Trump didn't like, he moved to fire the person in charge of those reports. Meanwhile Wall Street saw a big sell-off on the heels of Trump's new tariffs as troubling signs add up for the Trump economy.

US employers added just 73,000 jobs last month

The Wall Street Journal · 8h

July Jobs Report Comes in Far Weaker Than Expected

Just 73,000 jobs were created last month, on a seasonally adjusted basis. + Economists polled by The Wall Street Journal had forecast that about 100,000 roles were added. Large [revisions for previous

NBC News on MSN · 1d

The U.S. job market was weak in July, and previous months were worse than thought

The U.S. added just 73,000 new jobs in July, the Bureau of Labor Statistics reported Friday, and deep revisions to the previous two months now indicate that the job market is considerably worse than previously thought.

The Associated Press - Busines… · 1d

US employers added just 73,000 jobs last month as labor market weakens in face of Trump trade wars

U.S. employers added just 73,000 jobs last month and Labor Department revisions showed that hiring was much weaker than previously reported in May and June. The unemployment rate ticked up to 4.2%. The unexpectedly weak report raises questions about the health of the job market and the economy as President Donald Trump pushes

17h

Veterans Unemployment Rate Drops, But Trump Fires BLS Commissioner After Weak Overall Jobs Report

President Donald Trump ordered the firing of the Bureau of Labor Statistics commissioner Friday following a weak jobs report ...

Jobs, GDP and more: This week told us a lot about the U.S. economy

Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower ...

TheGrio on MSN5h

Black unemployment under Trump reaches its highest rate since the pandemic. Here’s what it could mean

"Black workers are often last hired, first fired," said Angela Hanks, chief of policy programs of The Century Foundation.

21h

U.S. adds 73,000 jobs in July, falling short of forecasts

The U.S. added just 73,000 jobs in July -- falling far short of expectations and resulting in markets tumbling, shaken by ...

1don MSN

Summer labor market is much weaker than previously reported

While tariffs, high interest rates, stubborn inflation and federal government cuts have yet to sink the labor market into turmoil, signs of underlying weakness are growing.

10h

An overview of the U.S. economy and what the latest job report shows

The U.S. job market slowed sharply this spring, as President Trump's tariffs took effect. Trump is calling for even higher ...

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News

Weak Jobs Report Raises Chances of a Sep. Interest Rate Cut

Trump, Bureau of Labor Statistics and jobs

US employers added just 73,000 jobs last month

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