As more Americans struggle to keep their heads above water, concerns of a potential recession have begun to surface. A new report reveals that the strong labor market that has helped keep the U.S.
These days, economists find themselves in a fog with respect to the labor market. First, there’s the fact that the monthly jobs report for September was released a month late and the October report ...
The unemployment rate might have risen in September, but remains below the Fed's projections. Along with a fast rise in payrolls increases, it indicates a still strong labor market. Expectations for a ...
The Labor Department’s shutdown-delayed report shows third quarter productivity grew at the fastest pace in two years — a 4.9% annualized gain. It’s an economic conundrum: How can the U.S. economy be ...
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WASHINGTON (Reuters) - The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to sustained labor market strength that could further ease concerns ...
The labor market is on track for a healthy rebound in the coming months, Fed Chair Jerome Powell said. One can expect "strong job creation" in the summer and heading into fall, he added. The labor ...
January's U.S. employment report signals renewed labor market stability, with nonfarm payrolls up 130,000, far surpassing expectations. Private sector hiring drove gains, while public sector jobs ...
The US Federal Reserve intends to push its policy interest rate down to 3.6% this year, which is likely to tighten an already-strong labor market and could cause inflation to accelerate at a faster ...