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Tag: Unemployment

US Labor Market Holds Steady Despite Shutdown’s Data Blackout

US Labor Market Holds Steady Despite Shutdown’s Data Blackout

US Labor Market Holds Steady Despite Shutdown’s Data Blackout The US labor market appears to be maintaining a fragile stability, even as the government shutdown has prevented the release of the official September jobs report. With the Bureau of Labor Statistics (BLS) gone dark, economists and analysts are turning to alternative data sources to gauge the health of the economy. Unofficial figures suggest that the labor market continued its slow pace in September. The Dow Jones consensus had anticipated a…

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Conflicting US Jobs Reports Point to Divided Labor Market

Conflicting US Jobs Reports Point to Divided Labor Market

Conflicting US Jobs Reports Point to Divided Labor Market The latest employment figures for June have painted a perplexing picture of the U.S. labor market, with official government data sharply diverging from a key private sector report. This discrepancy, revealed this week, raises questions about the true health and direction of job growth. The U.S. Bureau of Labor Statistics (BLS) reported a higher-than-expected increase of 147,000 jobs in June, pushing the national unemployment rate down to 4.1% from 4.2%. This…

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