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CBS News - Top stories
Labor secretary on June jobs report, Biden's health
The U.S. economy added 206,000 jobs in June, according to data released by the Bureau of Labor Statistics. Acting Labor Secretary Julie Su joined CBS News to discuss the June jobs report as well as the ongoing questions about President Biden's ...Joe Biden -
Inc. - Business
U.S. Labor Market Eases Steadily Despite Rise in Job Openings
The Labor Department reports the number of jobs available in May stayed steady from April, a sign that the market is stabilizing. -
The Guardian - World
Fatima Payman quits Labor but will remain in upper house as independent
WA senator tells press conference she was ‘deeply torn’ amid disagreement with the Albanese government on Palestine. Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe ... -
The New York Times - Business
U.S. Job Growth Extends Streak, but Signs of Concern Emerge
A gain of 206,000 in June exceeded forecasts. Hiring was concentrated in a few parts of the economy, however, and unemployment rose to 4.1 percent. -
NBC News - Top stories
Employers added 206,000 jobs in June, as sturdy labor market gradually cools
The economy added 206,000 jobs last month, according to fresh government data, but unemployment inched above 4% for the first time in over two years. -
CNN - Top stories
US job growth slowed in June, latest employment data shows
Live coverage of the June jobs report has now ended. The US economy added 206,000 jobs in June and the unemployment rate rose to 4.1%, according to the Bureau of Labor Statistics. -
The Wall Street Journal - World
Cooling Labor Market Sets Up Debate Over September Cut
There probably wasn’t anything alarming enough in Friday’s report to lead Fed officials to put a July rate cut on the menu. But the latest reading suggests a labor market continuing to loosen, much as the central bank anticipated. -
The Wall Street Journal - World
Weak Labor Market to Offer Bank of Canada Comfort on July Rate Cut
A weak employment report for June should provide comfort to the Bank of Canada about following up June’s interest rate cut with another reduction in July, says CIBC Capital Markets. -
The Hill - Politics
Biden's labor secretary laughs off 25th Amendment question
Acting Labor Secretary Julie Su laughed off a question about President Biden's Cabinet members invoking the 25th Amendment in an interview on Fox News following the latest jobs report Friday. “Has there been any conversation among the Cabinet ...Joe Biden -
ABC News - Top stories
Forced labor, same-sex marriage, shoplifting on the ballot in California this year
Forced labor, same-sex marriage and shoplifting are among the 10 statewide ballot measures California voters will considerCalifornia -
The Wall Street Journal - World
The Labor Department reported that the U.S. added a solid 206,000 jobs last month, slightly beating expectations and continuing a remarkably strong run, but the unemployment rate ticked up to 4.1%, a sign of slack in a labor market.
The Labor Department reported that the U.S. added a solid 206,000 jobs last month, slightly beating expectations and continuing a remarkably strong run, but the unemployment rate ticked up to 4.1%, a sign of slack in a labor market. -
MarketWatch - Business
2-year Treasury yield ends at almost three-week low after ISM data offers signs of waning U.S. growth
Treasury yields finished lower on Wednesday for a second straight session after the Institute for Supply Management’s index of services businesses produced its lowest reading since the height of the pandemic in May 2020. -
MarketWatch - Business
2-year Treasury yield ends at lowest since March on signs of deteriorating labor market
U.S. government debt rallied on Friday, sending the policy-sensitive 2-year yield to a more than three-month low, after government data showed that fewer jobs had been created in May and April than initially thought. -
CBS News - Top stories
U.S. unemployment up to 4.1%, more jobs added than expected in June, labor report shows
The U.S. economy added 206,000 jobs in June, beating economists' expectations, according to the latest report from the Bureau of Labor Statistics. Meanwhile, the unemployment rate crept up to 4.1%, its highest point since 2021. Jeanna Smialek, ...