The US economy added 254,000 jobs in September, beating projections of 140,000. The unemployment rate dipped to 4.1%, showing continued strength in the labor market....
The Federal Reserve cut rates by half a percentage point Wednesday, its first move since the Covid pandemic, in an effort to stabilize inflation and boost the weakening labor market....
November’s job growth was probably the smallest in nearly two years. This is because mounting concerns about a recession have cooled demand for labor. This could give the Federal Reserve confidence to slow its interest...