Recession Fears Slide After Blowout Jobs Report, Says Goldman …
WEB1 day ago · Friday's knockout jobs report has squashed fears of an imminent recession. The US economy added far more jobs than expected in September, and unemployment dipped to 4.1%. Goldman Sachs cut...
Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs …
WEB1 day ago · A stronger-than-expected September jobs report has made a U.S. recession less likely, said Goldman Sachs analysts, who also raised growth targets for the S&P 500 index.
Goldman Sachs lowers odds of US recession to 15% after better …
WEB1 day ago · Oct 7 (Reuters) - Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report...
Blockbuster jobs report paves way for US economy to avoid ... - ABC News
WEB4 days ago · A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while the U.S. economy averts a recession, experts told ABC News.
Why a weaker jobs market is sparking recession fears : NPR
WEBAug 2, 2024 · U.S. employers added just 114,000 jobs in July as the unemployment rate rose to 4.3%. The weaker-than-expected report is adding to fears of an economic slowdown.
‘The sky is not falling’: US economy added 142,000 jobs in August
WEBSep 6, 2024 · Employers added an estimated 142,000 jobs last month, marking stronger growth than July’s worrisome low number — which was revised down from 114,000 to 89,000 — according to data released ...
New data shows US job growth has been far weaker than initially ...
WEBAug 21, 2024 · CNN — US job growth during much of the past year was significantly weaker than initially estimated, according to new data released Wednesday. The Bureau of Labor Statistics’ preliminary annual...
What to know as unemployment rise spurs fears of slowdown | AP News
WEBAug 5, 2024 · Yet now, unemployment has been rising not because companies are slashing jobs but because so many people have poured into the job market. Not all of them have found work right away. Jay Bryson, chief economist at Wells Fargo, thinks the risk of recession has risen along with the unemployment rate.
CNBC Daily Open: September’s jobs report changes everything
WEB1 day ago · Reversing losses. Major U.S. indexes rose Friday, erasing the previous four days’ of losses to close the week higher. The yield on the U.S. 10-year Treasury added around 12 basis points, almost...
US jobs market cooling but still resilient, Fed's Kugler says
WEB13 hours ago · FRANKFURT, Oct 8 (Reuters) - The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed Governor Adriana...