jobs

Indicators

Private Employers Add 42,000 Jobs, Marking First Net Gain Since Summer

Photo via Olivia Sun/ZUMAPRESS/Newscom

Overall employment was likely roughly flat in October due to layoffs in the federal government amid the longest shutdown in history.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read
Photo via CentralITAlliance

Indicators

Amazon Job Cuts Broaden Big Tech’s Layoff Barrage

When layoffs rise, people spend less, which leads to tighter bottom lines and more layoffs. Wash, rinse, and repeat.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Small-Cap Russell 2000 Shakes Off Four-Year Funk on Rate Cut

The hope for the S&P 500’s small-cap cousin after the Fed’s rate cut tells an important story about the broader economy.

2 min read

CIO Upside

Enterprises Push Ahead with AI-Powered Job Replacement Despite Risks

Photo via cyano66

Companies are facing pressure on all sides to garner ROI from AI. Workers may be on the chopping block.

2 min read

Economics

Manufacturing, Construction Slowdown Trigger Broad Sell-Off

Photo by Scott Blake via Unsplash

Both manufacturing and construction spending came in softer than expected. The downbeats stoked fears of a downturn.

2 min read

Inflation & Prices

Renters Are Losing Hope They’ll Ever Own a House

Photo by Aubrey Odom via Unsplash

A New York Fed survey found renters saying their probability of ever owning a home fell to 40.1%, a new low.

2 min read

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