The recent comments from Federal Reserve Chair Jerome Powell have left the US economic outlook and labor markets in a state of uncertainty. While his emphasis on the […]
Kashkari Prioritizes Labor Market Stability over Inflation Concerns
Federal Reserve official Neel Kashkari has highlighted the potential risks to the labor market as a more significant concern than inflation, suggesting that the economic slowdown may be […]
Federal Reserve’s Employment Assessment Under Scrutiny
A recent report by the Dallas Federal Reserve challenges assumptions about the labor market’s health, suggesting potential misjudgments from experts like the Federal Reserve and economists. The study […]
Waller Expresses Labor Market Uncertainty Ahead of CPI Release
Federal Reserve Governor Christopher Waller recently shared his uncertainty about securing the position of Fed Chair following a recent announcement. He indicated that the current labor market data […]
Federal Reserve May Still Cut Rates Despite Employment Report Delay
Despite the government shutdown causing a delay in the official non-farm employment report release, Morgan Stanley’s Chief U.S. Economist Michael Feroli believes the Federal Reserve should proceed with […]
Market Bets on Rate Cuts Amidst Rising Inflation and Stalled Labor Market
The financial market is anticipating a significant reduction in interest rates, with an expectation of a total cut of 75 basis points by the year’s end. This forecast […]
U.S. Jobless Claims Surge to Highest Point Since 2021
Initial jobless claims in the United States surged to their highest level since October 2021, reaching 263,000 for the week ending September 6, according to BlockBeats data. This […]
US Labor Market Suffers Record Job Revision
The US Bureau of Labor Statistics (BLS) just announced a record-breaking downward revision of 911,000 jobs for March 2025. This unprecedented correction signifies a slowdown in the US […]
U.S. Nonfarm Employment Benchmark Revised Tonight
The U.S. Bureau of Labor Statistics will release its annual preliminary benchmark revision for nonfarm employment figures tonight at 22:00 UTC+8. This update adjusts past employment data, typically […]
U.S. Labor Market Revisions Spark Speculation of Federal Rate Cut
Financial experts anticipate significant revisions to U.S. job growth estimates, potentially influencing the Federal Reserve’s actions and causing fluctuations in the cryptocurrency market. A potential revision by the […]
FOMC Member Warns of Labor Market Risks and Potential Inflation Surge
Chicago Fed President Austan Goolsbee voiced concerns regarding potential labor market contraction and rising inflation during a September 5, 2025, interview. He highlighted the upcoming Federal Reserve meeting […]
US Jobless Claims Surge: Highest Level Since June
The US Labor Department reports a significant jump in initial jobless claims, reaching 237,000 for the week ending August 30th – the highest level since June. This increase […]
Fed’s Bostic: Labor Market Strong, Risks Balanced
Federal Reserve official Raphael Bostic stated that the labor market remains robust and doesn’t signal weakness, leading to a more balanced assessment of the risks to the Fed’s […]
U.S. Job Openings Dip Short of Projections for July
The number of U.S. job openings fell short of expectations in July, according to recent data released by Blockbeats. The figure reached 7.181 million, a decrease from the […]
California Economy Under Threat: Immigration Enforcement Could Cost Up to $278 Billion
A new study reveals that stricter immigration enforcement could significantly impact California’s booming economy. The analysis highlights the crucial role of immigrant workers, particularly in industries such as […]