Ibm to Cut 3900 Jobs Amid Broader Tech Slowdown
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IT Unemployment Rate Falls Slightly Amid Broader Hiring Slowdown
CompTIA data show companies hired U.S. workers with software, data and cloud skills to support AI.The Wall Street Journal - World -
Employers added 175,000 jobs last month, marking a hiring slowdown
U.S. unemployment rate rose slightly to 3.9% in April, continuing a stretch of remaining under 4% for 27 months.CBS News - Top stories -
April jobs report misses expectations, signaling a possible slowdown
U.S. employers added 175,000 jobs in April.ABC News - Top stories -
Soft jobs report shows hiring slowdown for first time in months
Employment data released in April showed that less jobs were added during the month than analysts expected, and showed that the nation's unemployment rate had ticked up. Economists say this shows a cooling job market, but President Biden said it's ...CBS News - Top stories -
The Economic Slowdown Is Finally Here. Welcome It.
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.The Wall Street Journal - World -
Stock Market Rises After Jobs Report Revives Investors’ Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.The New York Times - Business -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business