US service sector rebounds

US hiring rebounds slightly and unemployment rate dips in sign of still-slowing job market

Economists have estimated that the government will report Friday that employers added 160,000 jobs in August and that the unemployment rate slipped back to 4.2%. Since hitting a half-century low of 3.4% in April of last year, the jobless rate has risen nearly a full percentage point.

POLITICO on MSN · 6d

Weakening job market fuels pressure on Fed's Powell to cut rates

The delicate work of taming inflation without choking off growth is coming to a head just weeks away from an election in which polling is neck and neck.

Bloomberg on MSN · 5d

Fed Must Decide If Quarter-Point Cut Will Be Enough for Workers

The Federal Reserve is set to begin unwinding its tightening campaign this month as inflation cools and the labor market slows. The big question policymakers now face is whether a small interest-rate cut will be enough to keep the economy in expansion mode.

Inc · 5d

Job Market Remains Tepid Ahead of Federal Reserve Interest Rate Cuts

The job market may have cooled but appears sturdy as the Federal Reserve is expected to cut interest rates Sept. 17-18.

The Wall Street Journal on MSN · 5d

Hiring Softened This Summer, Teeing Up Fed Rate Cuts

U.S. job growth rebounded slightly in August after a midsummer scare, but a mixed reading provided little clarity as to how aggressively the Federal Reserve will begin cutting interest rates.

Bloomberg L.P. · 5d

Talk of Fed Rate Cut Turns to How Big It Will Be

With several reports, including August job numbers, suggesting the US labor market is losing steam, Fed watchers are wondering if the Fed will make a bigger-than-expected interest-rate cut when it meets later this month.

Yahoo Finance1mon

US service sector rebounds in July; employment also recovers

WASHINGTON (Reuters) -U.S. services sector activity rebounded from a four-year low in ... Nonfarm payrolls increased by 114,000 last month, the second smallest gain this year, while service ...

Las Vegas Sun1d

US inflation likely fell further last month as Fed prepares to cut rates next week

Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is falling back to pre-pandemic levels and clearing the way for the Federal ...

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