U.S. Labor Market Shifts to a Lower Gear
The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.


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The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.

Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.

Odds tumbled after a jobs report showed a soft labor market, leading more traders to lower the the chances of a fed funds rate increase this month.

Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%.

Forecasters had expected gains of about 84,000 new jobs in September, consistent with a stable but sluggish labor market.
Hiring plans are up 3% so far this year, signaling the labor market remains resilient, experts say.

The U.S. job market has been stuck in what economists call a low-hire, low fire mode for the past two years - and the September employment report is likely to…
Unemployment stayed at 6.4% in August, even with higher interest rates and an energy crunch driven by war in the Middle East.
There has been a rise in entrepreneurship among young Americans as the entry-level labor market has become tougher to join.
U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting w…

With inflation ticking up this year and many construction firms struggling to hire enough workers, union and merit shop employers continue to pay historically…

Federal Reserve Chair Kevin Warsh highlighted the improved numbers in a speech about the board's decision Wednesday to raise interest rates.
Fed's Kevin Warsh: "I don't believe that we need to do harm to the labor markets"

Fed Chairman Kevin Warsh on potential harm to the labor markets.

Some job seekers could get an edge in this labor market by actually writing their own resumes.
Employers posted slightly more job openings in July but as the American labor market remained sturdy in the face of higher costs that are squeezing household b…

The new data offers additional insight into how the labor market fared during the first year of President Donald Trump's term.
Nearly 25% of U.S. workers are "functionally unemployed," a new analysis finds. CBS News MoneyWatch reporter Megan Cerullo has more.

Goldman Sachs found that AI is starting to weigh on employment across developed economies.

A pullback from employment by workers age 65 and older may partly allay concerns that demand for artificial intelligence will fall short of a coming surge in s…


A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.

U.S. employers cut 23,000 jobs in July, and job gains for the two previous months were weaker than initially reported, according to a report Friday from the La…
The labor market weakened in July, as myriad headwinds weigh on the economy, but the unemployment rate ticked down to 4.1 percent.
ADP said U.S. businesses created just 44,000 new jobs in July - the smallest increase in six months - in another sign of a sluggish labor market in which hirin…
After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum.
A severe labor shortage is set to emerge over the next decade amid a wave of baby boomer retirements and a shrinking younger workforce.

Current trends indicate slower job growth ahead as an increasing number of consumers say they're having trouble finding jobs.

Plans to begin publishing a Canadian insights report tracking wage trends based on anonymized payroll data representing about 1 million workers in the country.
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