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New jobs data blows hole in Trump’s claims of a booming economy
Recent jobs data is going against President Donald Trump’s repeated claims that the U.S. economy is booming, as a new poll shows the country actually lost jobs last month rather than adding them. Economists reacted with alarm on Wednesday after global payroll processing firm ADP estimated that the U.
23hon MSN
Chicago Fed sees November unemployment rate steady at 4.4% as alternate data shows job losses
The U.S. unemployment rate was unchanged around 4.4% in November, the Chicago Federal Reserve estimated on Thursday, while closely watched data from a private provider added to the evidence that the U.
Americans living under President Donald Trump are being laid off at a rate not seen since the peak of the COVID-19 pandemic, according to new data. In November alone, 71,321 job losses were announced,
Private employers shed 32,000 jobs in November, disappointing forecasters' expectations and marking the worst four-month stretch for the job market since 2020.
Toronto stock futures were little changed on Friday after the benchmark index's record high in the previous session, as investors awaited domestic jobs data for clues on the health of the labor market.
With a shutdown-created hole in the numbers and state agencies doubting data, it’s hard to paint a pretty picture for the state’s employment.
The number of job openings in Alabama dipped in August, according to new data released Tuesday. The state reported 105,000 job openings this August, which was down nearly 5% from July and down 13% compared to the year before, according to the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. The data is seasonally adjusted.
US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market. Private-sector payrolls fell by 32,000 according ADP data on Wednesday.