China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

[ad_1] Updated Aug. 15, 2023 12:53 am ET Listen to article (2 minutes) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after months of spiraling increases,…

Stocks Inch Up After Mild Inflation Data Signals Potential Fed Rate Pause

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Slower Hiring This Summer Could Take Heat Off the Fed

[ad_1] Hiring in July remained steady as the Federal Reserve considers whether it must do more to cool inflationary pressures. [ad_2] Source link

A Goldilocks Job Market is in Sight

[ad_1] Unemployment fell, but immigration and more young people and women working could cool a still-hot labor market [ad_2] Source link

U.S. Employers Added 187,000 Jobs in July

[ad_1] Hiring held steady as employers added 187,000 jobs last month. The unemployment rate fell to 3.5%. [ad_2] Source link

It Might Be Quitting Time for the Fed’s Rate Hawks

[ad_1] Workers in some sectors are still leaving jobs at a higher rate than before the pandemic in a sign that the job-market realignment continues. [ad_2] Source link

Jobs Market Shows Signs of the Gradual Cooling the Fed Wants

[ad_1] Employer demand for workers dipped slightly in June to its lowest level in more than two years. [ad_2] Source link

Beijing Is Still Too Confident About China’s Economy

[ad_1] Even after second-quarter malaise, Beijing still seems inclined to stick to half measures. That could be a historic mistake. [ad_2] Source link

U.S. Economy Shows Surprising Vigor in First Half of 2023

[ad_1] Layoffs remain historically low and the economy grew more briskly than estimated. [ad_2] Source link

Glynn’s Take: Question of Next RBA Governor Now Urgent With Rates Set to Jump

[ad_1] SYDNEY—Australian Treasurer Jim Chalmers needs to urgently answer the question of who will lead the Reserve Bank of Australia beyond September amid deepening unease in financial markets and fear…