#Jobs report news

Why a weak jobs report does not always mean a weak economy

When headlines panic over a "weak" jobs report, meaning fewer jobs were added this month than last month, they often ignore one simple fact: the economy might already be full. If unemployment is already very low, most people who…

investingLive

Live updates: Bitcoin above $86,000 as traders price out an October Fed hike

A weak September jobs report took a rate hike off the table, but bitcoin is still stuck below $87,000, with FOMC minutes due Wednesday.

CoinDesk

USD/JPY Price Forecast: Consolidates below 158.00 as bullish bias persists

The USD/JPY pair struggles to capitalize on Friday's bounce from sub-157.00 levels, touched in reaction to the weak US Nonfarm Payrolls (NFP) report, and seesaws between tepid gains/minor losses through the first half of the…

FXStreet

Soft US payrolls lift EM Asia stocks, Taiwan notches record closing high

The Edge Malaysia

Gold: Recovery hinges on lower yields – OCBC

OCBC’s Christopher Wong notes that Gold’s brief post-payrolls rebound faded as long-end US yields stayed elevated and the Dollar remained firm. The bank argues that reduced Fed hike risk alone is insufficient for a sustained…

FXStreet

Soft US payrolls lift EM Asia stocks, Taiwan notches record closing high

marketscreener.com

Stock futures are flat as investors grapple with higher yields, await Fed minutes: Live updates

Stocks are coming off a week defined by surging Treasury yields and a surprisingly weak jobs report that helped ease concerns about another Fed rate hike.

CNBC

Gold price loses momentum as soft US jobs report fails to spark rebound

If something can’t go up on good news, that is rarely a good sign in markets. In theory, the softer US jobs report at the end of last week should have been a clean setup for gold. The non-farm payrolls figure rose by just 29k in…

investingLive

Bond yields remain the market’s pressure point even after soft US jobs report

The softer US jobs report on Friday might have offered markets some much-needed relief before the weekend but I don't think it changes the main thing traders should be watching this week. And that is still the bond market. The…

investingLive

US economy: Mixed labour and inflation picture – NBC Economics and Strategy

NBC Economics and Strategy highlights that U.S. nonfarm payrolls rose just 29K in September versus a 90K consensus, while the household survey showed a 406K employment surge and a 4.2% unemployment rate. Q2 real GDP was revised…

FXStreet

Gold holds gains above $4,150 as traders trim bets on Fed rate hikes

Gold price (XAU/USD) gains momentum to near $4,160 during the early Asian trading hours on Monday. The precious metal rebounds as weaker-than-expected US Nonfarm Payrolls (NFP) data weigh on the US Dollar (USD).

FXStreet

Japan services PMI eases to 51.3 as hiring picks up and price pressures stay intense

The survey leans hawkish for the BOJ despite softer headline growth. Output price inflation near record highs, rising payrolls and building backlogs point to capacity pressure that supports the case for another hike. S&P Global…

investingLive

Bitcoin’s $85,000 recovery awaits proof that ETF investors kept buying after payrolls

Glassnode estimated the probability of an additional quarter-point hike at the Oct. 28 meeting fell from 66% on Sept. 28 to 22% by 15:00 UTC on Oct. 2.

CryptoSlate

How Nvidia, Micron and a surprising jobs report drove last week's stock action

Here's a closer look at the three developments that drove the action in our portfolio last week.

CNBC Earnings

Hiring Slows as U.S. Jobs Report Shows Labor Market Shifting Into Lower Gear

The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.

New York Times

Black Unemployment Rose Sharply in September, Jobs Report Shows

Economists had taken a recent drop in Black unemployment as a hopeful sign that job gains were lifting a broad share of workers.

New York Times

Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase

The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.

New York Times

Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower

Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.

Cointelegraph

Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data

Bitcoin Magazine Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data The price of bitcoin surged above $87,000 on Friday morning in New York, buoyed by constant exchange-traded fund flows and a jobs report…

Bitcoin Magazine

Bitcoin Reclaims $87K Following Shocking US Jobs Data

Bitcoin surged back above $87,000 after a shockingly weak U.S. jobs report showed just 29,000 positions added in September.

U.Today

The U.S. added only 29,000 jobs in September as job market lacks spark

U.S. employers added 29,000 jobs in September as the unemployment rate inched up to 4.2%. Job gains for July and August were revised down by a total of 60,000 jobs, extending a lackluster run for the job market.

NPR Business

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.

CNBC Economy

Traders now see little chance of a Fed rate hike in October after weak jobs report

Odds tumbled after a jobs report showed a soft labor market, leading more traders to lower the the chances of a fed funds rate increase this month.

CNBC Finance

Sterling today: Pound edges up as soft U.S. payrolls cap dollar rally

Investing.com Forex