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Fed's Barkin: Modest job growth shows firms beyond healthcare, AI, still reluctant to hire
By Howard SchneiderWASHINGTON, Jan 9 (Reuters) - U.S. December job growth was "modest" and showed firms outside a narrow set of industries like healthcare and those associated with the buildout of artificial intelligence platforms remain reluctant to hire, Richmond Fed President Tom Barkin s...Reuters
Fri, Jan 9
Fed appoints regional bank board chairs and vice chairs
Jan 9 (Reuters) - The Federal Reserve Board on Friday announced the chairs and vice chairs of its 12 regional banks for this year, a list that includes Emerson Electric Co's chief executive Lal Karsanbhai as chair of the St. Louis Fed, and Liberty Mutual Insurance CEO Tim Sweeney as deputy chair...Reuters
Fri, Jan 9
US legal jobs hit new high, labor data shows
By David Thomas Jan 9 (Reuters) - There are more people than ever working in the U.S. legal sector, preliminary data released Friday by the U.S. Labor Department showed.Legal sector employment totaled a record-breaking 1,208,100 jobs last month, according to preliminary seasonally adjusted data r...Reuters
Fri, Jan 9
Fed's Bostic says high inflation still central bank's main challenge - radio interview
Jan 9 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said Friday in a radio interview inflation issues are still at the forefront of his economic concerns, in comments adding that the job market continues to be in a low hire, no fire mode amid broader uncertainties.“Inflation i...Reuters
Fri, Jan 9
Peru central bank says economy expanded 2% in November versus prior year
LIMA, Jan 9 (Reuters) - The chief economist for Peru's central bank on Friday said the country's economy likely grew 2% year-on-year in November.Peru's central bank late in December said it expected 3% growth in 2026, and the same rate in 2027.Reuters
Fri, Jan 9
Yemen's separatists appear to split, reflecting Saudi-UAE rift
Leader of UAE-backed group fled instead of going to RiyadhGroup's members make conflicting statements on its fateSaudi defence minister calls decision to disband 'brave'STC calls for demonstrations in Aden and Mukalla tomorrowSaudi-backed government bans protests in AdenBy Jana Choukeir ...Reuters
Fri, Jan 9
US consumers more concerned about job market in December, New York Fed says
New York Fed report finds rise in near-term expected inflationUS consumers more concerned about job market, report saysIt finds less worry about current, future personal financesBy Michael S. Derby Jan 8 (Reuters) - Americans grew more worried about the job market in December even as anxieties ov...Reuters
Fri, Jan 9
Citigroup expects Fed to remain on hold in January after jobs data
Jan 9 (Reuters) - Brokerage Citigroup said on Friday it expects the U.S. Federal Reserve to keep interest rates unchanged at its January monetary policy meeting and deliver quarter-point cuts in March, July and September following the December nonfarm payrolls data."Fed officials' concerns a...Reuters
Fri, Jan 9
US factory headcount falling despite Trump's promised manufacturing boom
US manufacturing jobs continue to declineUnemployment rate falls slightly, but job creation estimates revised lowerBlack unemployment rate rises, manufacturing sector loses 70,000 jobs since AprilBy Howard Schneider WASHINGTON, Jan 9 (Reuters) - U.S. manufacturing jobs in December continued an ei...Reuters
Fri, Jan 9
Trump appears to have posted some jobs data early
Jan 9 (Reuters) - U.S. President Donald Trump posted a chart on his social media account late Thursday that included job-market data that was not publicly released until Friday morning. The chart, which has been liked nearly 14,000 times by other Truth Social users, showed the economy added 654,000 ...Reuters
Fri, Jan 9
US consumer sentiment perks up in early January
WASHINGTON, Jan 9 (Reuters) - U.S. consumer sentiment perked up in early January, but households continued to worry about inflation and a weakening labor market, a survey showed on Friday.The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index increased to 54.0 this m...Reuters
Fri, Jan 9
TREASURIES-US Treasury yields rise as jobs growth slows, unemployment falls
Jobs growth slows, unemployment rate falls to 4.4%Fed unlikely to cut rates this month, futures show 4.8% chanceSupreme Court won't rule on Trump's tariff policies on FridayBy Karen Brettell NEW YORK, Jan 9 (Reuters) - U.S. Treasury yields rose in choppy trading on Friday after data showe...Reuters
Fri, Jan 9
Canada jobs report points to uneven labor market recovery – RBC Economics
Rather than signaling a setback, December's modest employment gain and rising unemployment rate reinforce our view that Canada's labor market recovery is underway but will likely prove choppy, with slack absorbed only gradually over time, Royal Bank of Canada Senior Economist Claire Fan reports.
Fxstreet
Fri, Jan 9
US UoM Consumer Sentiment Index rises to 54 in January vs. 53.5 expected
Consumer confidence in the US improved slightly to start the year, with the University of Michigan's Consumer Sentiment Index rising to 54 in January's preliminary reading, from 52.9 in December. This print came in slightly better than the market expectation of 53.5.Fxstreet
Fri, Jan 9
Bund yields head for biggest weekly fall since October; US jobs in focus
German inflation slows, euro zone economy expands at slower paceGerman 10-year yields set for largest weekly fall since OctoberUS jobs data undershoots expectations; traders see two Fed cuts in 2026By Stefano Rebaudo Jan 9 (Reuters) - Euro area benchmark Bund yields edged up on Friday, but were s...Reuters
Fri, Jan 9
White House expects Supreme Court win on tariffs, but discussing backup plans, Hassett says
WASHINGTON, Jan 9 (Reuters) - The Trump administration expects the Supreme Court will rule in its favor in litigation testing the legality of the president's sweeping global tariffs, but is still exploring what could be done if the court rules against it, White House economic adviser Kevin Hasse...Reuters
Fri, Jan 9
