U.S. Job Openings Drop Sharply, but Labor Market Remains Steady
U.S. job openings decreased by 556,000 in December 2024 to 7.6 million, the largest drop in 14 months, yet steady hiring and lower layoffs suggest a gradual slowdown, keeping the Federal Reserve from adjusting its policy stance until at least June, according to the Labor Department's JOLTS report.
U.S. Job Openings Drop Sharply, but Labor Market Remains Steady
U.S. job openings decreased by 556,000 in December 2024 to 7.6 million, the largest drop in 14 months, yet steady hiring and lower layoffs suggest a gradual slowdown, keeping the Federal Reserve from adjusting its policy stance until at least June, according to the Labor Department's JOLTS report.
Progress
40% Bias Score
Australian Share Market Set to Fall on Unemployment Concerns
Concerns about stronger-than-expected Australian unemployment figures and a weak lead from Wall Street, where US stocks fell due to worries that good news on the job market may be too good, are expected to cause the Australian share market to fall on Monday morning, with futures for the S&P ASX 200 ...
Australian Share Market Set to Fall on Unemployment Concerns
Concerns about stronger-than-expected Australian unemployment figures and a weak lead from Wall Street, where US stocks fell due to worries that good news on the job market may be too good, are expected to cause the Australian share market to fall on Monday morning, with futures for the S&P ASX 200 ...
Progress
52% Bias Score
US Job Report, Global Market Fluctuations, and UK Gilt Yields
The upcoming U.S. jobs report is expected to show slower job growth (155,000 vs 227,000 in November), while Goldman Sachs and Citigroup forecast even weaker numbers; Asia-Pacific markets fell on Friday, and China's CSI 300 lost 1.25% after the People's Bank of China suspended bond purchases; U.K. 30...
US Job Report, Global Market Fluctuations, and UK Gilt Yields
The upcoming U.S. jobs report is expected to show slower job growth (155,000 vs 227,000 in November), while Goldman Sachs and Citigroup forecast even weaker numbers; Asia-Pacific markets fell on Friday, and China's CSI 300 lost 1.25% after the People's Bank of China suspended bond purchases; U.K. 30...
Progress
32% Bias Score
U.S. Job Growth Rebounds in November, Exceeding Expectations
The U.S. added 227,000 jobs in November 2024, exceeding expectations after a weak October and suggesting continued job market strength despite a slightly increased unemployment rate of 4.2% and strong wage growth of 4% year-over-year.
U.S. Job Growth Rebounds in November, Exceeding Expectations
The U.S. added 227,000 jobs in November 2024, exceeding expectations after a weak October and suggesting continued job market strength despite a slightly increased unemployment rate of 4.2% and strong wage growth of 4% year-over-year.
Progress
44% Bias Score
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
US Hiring Rebounds in November After October Slump
US hiring rebounded in November with an estimated 208,000 jobs added, reversing October's decline caused by hurricanes and strikes; unemployment remained at 4.1%.
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36% Bias Score
US Hiring Jumps in November, Boosting Economy but Raising Inflation Concerns
US employers added 227,000 jobs in November, rebounding from October's decline caused by storms and strikes; this strong hiring, led by healthcare and hospitality, has bolstered the economy while raising concerns about inflation.
US Hiring Jumps in November, Boosting Economy but Raising Inflation Concerns
US employers added 227,000 jobs in November, rebounding from October's decline caused by storms and strikes; this strong hiring, led by healthcare and hospitality, has bolstered the economy while raising concerns about inflation.
Progress
40% Bias Score
Strong US Jobs Report Impacts Canadian REITs
The unexpectedly strong U.S. jobs report in December (256,000 jobs added vs. 155,000 expected) caused Canadian REIT prices to fall 1-3 percent due to interest rate sensitivity; however, valuation models suggest most are at or near intrinsic value, with positive analyst forecasts for 2025.
Strong US Jobs Report Impacts Canadian REITs
The unexpectedly strong U.S. jobs report in December (256,000 jobs added vs. 155,000 expected) caused Canadian REIT prices to fall 1-3 percent due to interest rate sensitivity; however, valuation models suggest most are at or near intrinsic value, with positive analyst forecasts for 2025.
Progress
32% Bias Score
US Job Growth Surges in December, Led by Health Care and Retail
December's job report showed stronger-than-expected growth, with health care and social assistance adding 69,500 jobs, retail trade adding 43,400, and leisure and hospitality adding 43,000; manufacturing jobs decreased by 13,000.
US Job Growth Surges in December, Led by Health Care and Retail
December's job report showed stronger-than-expected growth, with health care and social assistance adding 69,500 jobs, retail trade adding 43,400, and leisure and hospitality adding 43,000; manufacturing jobs decreased by 13,000.
Progress
44% Bias Score
U.S. Job Growth Strong Despite Tech Layoffs
Despite exceeding expectations with 2.32 million new jobs in 2024 and a 4.1% unemployment rate in December, the U.S. job market faces significant layoffs in tech and finance due to AI, impacting white-collar workers; however, job growth in healthcare and retail remains strong.
U.S. Job Growth Strong Despite Tech Layoffs
Despite exceeding expectations with 2.32 million new jobs in 2024 and a 4.1% unemployment rate in December, the U.S. job market faces significant layoffs in tech and finance due to AI, impacting white-collar workers; however, job growth in healthcare and retail remains strong.
Progress
40% Bias Score
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
U.S. Job Growth Rebounds in November
U.S. November hiring is projected to rebound to approximately 208,000 jobs, a stark contrast to October's record low of 12,000 jobs, primarily due to the end of hurricanes and strikes; the unemployment rate is expected to hold steady at 4.1%.
Progress
32% Bias Score
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
US Adds 227,000 Jobs in November, Unemployment Rate Rises to 4.2%
The US added 227,000 jobs in November, increasing the unemployment rate to 4.2%, following October's weak 12,000 job growth due to hurricanes and a Boeing strike; the November report precedes President-elect Trump's inauguration and raises concerns about his potential policy impacts.
Progress
52% Bias Score