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Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks plunged Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve.
Strong US Jobs Report Backs Case for Pause in Fed Rate Cuts
The latest snapshot of the US labor market affirmed what Federal Reserve officials have made clear in recent days: Interest-rate cuts are on hold for the foreseeable future.
Why U.S. jobs reports suggests Fed may be ‘very comfortable staying put’ on rate cuts
The strength of the U.S. labor market seen in the latest jobs report suggests the country’s economy keeps thriving, which may keep the Federal Reserve on hold from cutting interest rates, according to Seema Shah,
2h
on MSN
Zillow makes job cuts after reorganizing agent software and advertising teams
Seattle-based real estate company Zillow Group laid off an unspecified number of employees, the company confirmed Friday.
8h
U.S. Job Growth Excels But These Companies Are Announcing Layoffs
Jobs and job growth in the U.S. beat expectations, as the unemployment rate fell to 4.1% in December. Meanwhile, these ...
5h
on MSN
Surging job market could prove costly for households, businesses as odds of quick rate cuts fade
U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in ...
23h
on MSN
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on ...
1d
2024 Had Most Job Cuts In 15 Years—With One Exception
Job cuts from U.S.-based companies were the highest they’ve been in 15 years in 2024—with the exception of 2020 job losses ...
8h
on MSN
4 in 10 companies planning job cuts due to AI: Survey
Companies across the U.S., at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, ...
14h
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
Becker's Hospital Review
9h
Healthcare job cuts fall 11.9% year over year
Healthcare employers announced 51,588 cuts in 2024, down 11.9% from the 58,560 job cuts announced in 2023. Last year, Becker's reported more than 70 hospitals and health systems cutting jobs.
10h
Microsoft Announces Job Cuts Across Company with Performance Focus
Microsoft ( MSFT, Financial) is set for another round of layoffs, and sources say these will include underperformers in ...
1d
on MSN
U.S. job cuts rise 33% M/M in December; year's total climbs 5.5%: Challenger Job Cuts report
The number of job cuts announced by U.S. employers in December rose 33% M/M to 38,792, representing an 11% increase from ...
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