Tag: Job market trends
Boost in Consumer Confidence Leading up to Election, Job Openings Decrease
Consumer confidence in the U.S. economy saw a significant boost ahead of the presidential election, according to reports released on Tuesday. The Conference Board reported that the consumer confidence index for October increased by...
What to Expect in September Jobs Report: Friday Release Insights
September's upcoming jobs report is anticipated to mirror the trends observed in August - a gradual decrease in hiring, a slight rise in wages, and a labor market that aligns with policymakers' expectations. Projections...
Weekly Market Update: US Job Concerns and Geopolitical Tensions Take Center Stage
The US job market is causing concerns about a possible recession. The recent data showed that the unemployment rate rose to 4.3%, triggering the SAHM rule which indicates a recession may be underway. This...