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July 16, 2024
China trade war were seeing businesses like we were who just pulled their i. P. O. Filings and h. P. Who also just unveiled plans of some major restructuring that will basically cut off and slash 70029000 jobs so thats a lot of people who will be on unemployment but if you take a look at this specific charge of the employment nonfarm you see where we stand today if you look at some numbers back when when the financial crisis occurred in 2008 you can see there was a dramatic drop during that time...
July 16, 2024
Know so so going into that but the Federal Reserve has already cut rates twice this year and it looks like people are expecting for them to cut rates once again in their meeting next week and then again in december when they meet again so people are looking at these expectation of federal the feds cutting their rates 2 more times just this year and thats the most that its happened in decades actually you know unemployment has traditionally been a lagging indicator so president boasting about wha...
July 16, 2024
Correspondent john king is on his delve into the details of the new revelation to get into a bit of the business mindset lets go. The september jobs report is out and the numbers show a tight labor market as the Unemployment Rate dropped to a 5 decade low the top line data looks good with 10 industries adding jobs 3 losing and one unchanged alleviating some concerns on the street and boosting the markets today but lets take a closer look the payroll report was rather stagflation area as wage gro...
July 16, 2024
A look at the composition of job gains that wasnt so great with only low paying jobs in education and Health Category at the top meanwhile you have a d. S. L. Ration of wages in high tech which previously was the fastest wage growth and this all comes as the worlds 2 largest economies remain in a tit for tat trade war with no solution in sight heading into the 13th round of trade talks next week so with this mixed bag report expectations for an october rate cut declined to just about 75 percent ...