US Labor Secretary Calls for Fed to Cut After "Solid" Sept. Jobs Report
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YouTubeBloomberg Podcasts
US Labor Secretary Calls for Fed to Cut After "Solid" Sept. Jobs Report
US Labor Secretary Lori Chavez-DeRemer reacts to the "solid" September jobs report and says the Federal Reserve needs to cut rates again. Nonfarm payrolls increased 119,000 after the prior month was revised lower, according to Bureau of Labor Statistics data, and the unemployment rate ticked up to an almost four-year high of 4.4% as the labor ...
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Jobless Claims Fell More Than Expected To 216,000 Last Week—Lowest Since April
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Mass layoff notices are now at their highest level since 2016. Data shows the job market may be shifting away from a low hire low fire phase and into a period where layoffs are rising while hiring slows. It is especially concerning in California, which currently has the highest unemployment rate in the country. #jobs #unemployment #layoffs #california #cbs #cbsnews #cbsla #losangeles | CBS LA
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Mass layoff notices are now at their highest level since 2016. Data shows the job market may be shifting away from a low hire low fire phase and into a period where layoffs are rising while hiring slows. It is especially concerning in California, which currently has the highest unemployment rate in the country. #jobs #unemployment #layoffs #california #cbs #cbsnews #cbsla #losangeles | CBS LA
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