Delayed U.S. Jobs Data to Fill In Labor Market Blanks
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What details emerged about the Bondi Beach shooting incident?
Australian authorities say the men accused in Sunday's Bondi Beach shooting were motivated by Islamic State. Plus, President Trump takes his legal campaign against media outlets across the pond and get ready for a jobs report with a twist.
There's been a bit of a black hole in terms of updated official government numbers. So we're going to get some answers that will hopefully fill in the blanks.
It's Tuesday, December 16th. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News, the top headlines and business stories moving your world today.
It would appear that there is evidence that this was inspired by a terrorist organization, by ISIS.
Australian Prime Minister Anthony Albanese has shared new information from police investigating the shooters who attacked a Hanukkah event in Sydney over the weekend, where 15 people were killed and dozens injured. Police said they found two homemade Islamic State flags, as well as improvised explosive devices, in a car registered to a 24-year-old man, accused alongside his 50-year-old father of carrying out Australia's worst mass shooting in 30 years.
How is President Trump's legal campaign affecting media relations?
Journal senior reporter John Emott says authorities are also examining a trip by the accused gunman to the Philippines last month.
So there's a lot of interest on the part of authorities to understand what exactly happened on this trip and why they ended up going to the Philippines. The Australians haven't said very much, but Filipino authorities have confirmed that they did list Davao, which is a major city in the southern Philippines, as a destination. Davao is on the island of Mindanao, which has... hosted Islamic insurgencies in recent decades, some of which have been very violent and have interacted with regional terror cells and even global groups like the Islamic State. So there are a lot of questions about what exactly the two men would have been doing in the southern Philippines if they received training. That's something that authorities are actively looking into.
Prime Minister Albanese said Australia is reaching out to international security partners to see if they know more about the suspects. President Trump is suing the BBC for defamation over the British broadcaster's edit of his speech before the January 6, 2021 Capitol riot. At issue is a documentary aired by news program Panorama in the run-up to the 2024 U.S.
What impact will the delayed U.S. jobs data have on the labor market?
election that combined two sections of Trump's remarks and according to him, omitted his statement calling on supporters to march peacefully to the Capitol. The suit, filed in a federal court in Florida, seeks $10 billion in damages. The BBC didn't immediately return a request for comment. Its chairman has issued an apology to the president and previously told staff there was no basis for a defamation case. The U.S. military says it killed eight people in a further round of strikes on suspected drug-smuggling boats in the Eastern Pacific. Southern Command said the vessels were in international waters, with the attacks targeting people it described as narco-terrorists. While the administration treats suspected smuggling boats as legal military targets, critics say the alleged criminals aren't in an armed conflict with the U.S., making strikes on them illegal and a possible war crime.
Well, some of the fog hanging over the U.S.
How are rising inflation and tariffs influencing hiring practices?
labor market will lift slightly today with the release of two months of delayed jobs data at 8.30 a.m. Eastern. But it's not a complete picture. As for the first time in nearly 80 years, the October unemployment rate is missing. Nevertheless, journal economics reporter Chow Dang says the dual jobs report should help to clarify whether the labor market is patchy and cooling, as private indicators suggest.
In recent months, the jobs market has cooled significantly. Companies aren't expanding their workforces because of rising inflation and tariff uncertainty. And then you have Trump's administration policies targeting immigrants. That's curbing the number of job seekers. Economists generally describe the current environment as low fire, low hire, which basically means that companies aren't laying off workers in a huge, huge way, but they're also not willing to hire too many workers.
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Chapters
8 chapters
1
What details emerged about the Bondi Beach shooting incident?
0:02–1:18
2
How is President Trump's legal campaign affecting media relations?
1:18–2:39
3
What impact will the delayed U.S. jobs data have on the labor market?
2:39–3:38
4
How are rising inflation and tariffs influencing hiring practices?
3:38–4:32
5
What does the term 'low fire, low hire' mean in the current job market?
4:32–5:34
6
How is artificial intelligence shaping workforce decisions?
5:34–6:37
7
Why did advertisers start the holiday ad season earlier this year?
6:37–7:30
8
What are consumer attitudes towards early holiday advertising?
7:30–11:30
Speakers
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