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US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...

ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?The RBA will have...

Argentina’s inflation edges up in June, breaking a months-long streak in a blow to President Milei

BUENOS AIRES, Argentina -- A closely watched measure of inflation in Argentina was stronger than the libertarian government of President Javier Milei would have...

OECD headline inflation increases slightly to 5.9% in May – London Business News | Londonlovesbusiness.com

Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) increased slightly in May 2024, to 5.9% from...

Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2% | CBC News

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday.Economists were expecting an average...

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

NEW YORK -- Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in hotter...

Is the US job market beginning to weaken? Friday’s employment report may provide hints

WASHINGTON -- Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation...

US employers added a robust 272,000 jobs in May, a sign of sustained economic health

WASHINGTON -- America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in...

Stock market today: Wall Street’s momentum cools after its latest record-setting day

NEW YORK -- U.S. stocks are drifting Thursday as Wall Street’s momentum cools following its latest record-setting day.The S&P 500 was 0.1% lower in...

US job openings fall to 8.1 million, lowest since 2021

WASHINGTON -- U.S. job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite high interest...

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