Economy added 119,000 jobs in Sep., delayed report shows
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U.S. job growth likely picked up moderately in September, while the unemployment rate held steady near a four-year high of 4.3%, consistent with sluggish labor market conditions that economists and policymakers have blamed on low supply and demand for workers.
US employment growth exceeded forecasts while the jobless rate ticked higher in September, illustrating a tenuous labor market that is unnerving American consumers.
At the heart of this trend is the stark contrast between those benefiting from booming stock markets, technological investments, and rising asset values, and those struggling with stagnant wages, inflation,
The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure
Moody's economist Mark Zandi warns that the trend of deglobalization will act as a headwind that could offset the boost provided by AI next year.
Immigration may be down, but it's still powering the growth of the U.S. workforce, according to data from the private sector.
Tesla CEO Elon Musk believes his company’s forays into humanoid robotics and broader technological developments could lead to a drastic reshaping of the American and global economies.
9don MSN
Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy
Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned.
"As a share of GDP, government payouts will approach levels rarely seen outside of the 1980s' farm crisis and the farm aid packages under the first Trump presidency."