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Jobs Report

2 articles on this topic, newest first.

Fewer Layoffs, Fewer Jobs: America's 'Low-Hire, Low-Fire' Trap

A 4.1% unemployment rate makes the US labor market look fine. The hiring and quits rates tell a different story: companies are not cutting people, but they are not adding them either. The first thing to break is not the jobless line. It is the pay ladder for people who already have jobs.

Macro

September or December? The Fed's next hike is bigger than one CPI print

August payrolls came in strong and July's job losses vanished in revision. The Fed's problem is no longer a collapsing labor market. It is how much to trust the recent cooling in prices.

Macro