A key indicator of how the impact is being felt is in the number of employees who are working a second job or leaning on ...
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no ...
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are ...
Vivek Ramaswamy, Elon Musk’s partner in an effort to cut government costs, could make decisions that ultimately make him and ...
In December, Fed Chair Jay Powell said that the labor market didn’t need any more softening to get inflation to resume its path downward. At the time, all signs pointed to a cooling, but still ...
The average American worker's pay increased at about the same rate as inflation in December, but pop the hood and you'll find some workers fared better than others.
Jonathan Levin is a columnist focused on US markets and economics. Previously, he worked as a Bloomberg journalist in the US, Brazil and Mexico. He is a CFA charterholder. The Federal Reserve is ...
While the final jobs report for 2024 underscores how the US labor market has turned the corner ... chief economist at PNC Financial Services Group, wrote in a note on Friday.
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December.
Wall Street reacted negatively to Friday’s better-than-expected jobs report, a seemingly contradictory outcome rooted in the prevailing agita surrounding financial markets about interest rates ...
The initial print showed the U.S. economy lost a net 140,000 jobs, according to Department of Labor data. Although that number was eventually revised down to a loss of more than 300,000 jobs.