Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market
3 Articles
3 Articles
Fresh Jobs Data May Help Fed Gauge How Much AI Strains US Labor Market
If you’re spending this Monday morning thinking about Friday, you’re not alone. Wall Street is, too, if perhaps for different reasons. The Bureau of Labor Statistics will report May’s employment figures at the end of the week, offering investors and economists insight into a labor market grappling with uncertainty over artificial intelligence, tariffs, the war with Iran and more. Still, the job market has been showing signs of momentum: April a…
What's Coming This Week: Employment Data, Major Earnings, and Market Trends
Quick Summary Friday brings the May employment report; April’s numbers showed 115,000 new positions and a 4.3% unemployment rate Major earnings releases include Dollar General, Five Below, Broadcom, Palo Alto Networks, and CrowdStrike May ended with markets at all-time peaks: S&P 500 reached 7,580 while the Dow hit 51,032 Bitcoin declined 0.53% to $73,702, whereas gold advanced 1.28% to $4,575 per ounce Dell stock jumped over 32% on robust AI s…
Jobs Data, Tech Earnings and Other Key Things to Watch this Week
Markets face a big week focused almost entirely on labor market assessment as comprehensive employment data builds toward Friday's May jobs report at 8:30am that will provide crucial insights into whether the labor market is stabilizing or continuing to deteriorate.
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