Larry Elder .paywall-container {position: relative;display: flex;flex-direction: column; min-height:60px;} #paywall_overlay {position: absolute;top: 0;left: 0;right: 0;bottom: 0;display: flex;align-items:…

The June jobs report is here. The U.S. Department of Labor claims that last month American employers added 206,000 jobs. The additional 206,000 jobs exceeded economists’ prediction of 189,000. Private…

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U.S. employers added 206,000 jobs in June, more than expected and slightly below the revised 218,000 added in May, a sign the labor market remains solid. The unemployment rate ticked up slightly to 4.1% vs. 4%.  This as both April and May data points were adjusted lower by a combined 111,000, signaling fewer jobs created. This may please the Federal Reserve, which is looking for signs inflation is easing.  U.S. stocks rose following the report.  Average hourly...

US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months. Nonfarm payrolls rose by 206,000 and job growth in the prior two months was revised down by 111,000, the Bureau of Labor Statistics said Friday. The median forecast in a Bloomberg survey of economists called for a 190,000 increase.

The Labor Department reported on Friday that the U.S. added a solid 206,000 jobs last month, slightly beating expectations and continuing a remarkably strong run. But the unemployment rate ticked up to 4.1%, a sign of slack in a labor market that has already shown some hints of gradually slowing down. There were other indications as well that the job market is continuing to cool. Average hourly earnings were up 3.9% in June from a year earlier, marking their smallest gain since...

Those searching for the moment Labour’s election landslide was confirmed should look no further than 3:15 a.m. on Friday. That was when the seat of West Bromwich flipped from Conservative to Labour with a majority of nearly 10,000 — despite Keir Starmer’s party only growing its vote share by four points. Most of the 27-point drop in Conservative support in the West Midlands seat was likely driven by Reform UK, the insurgent right-wing party led by Nigel Farage, which won 20% of the vote.