The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As part of its preliminary annual…
Read more Nonfarm payroll growth revised down by 818,000, Labor Department saysThe job market looks solid on paper. Over the course of 2023, U.S. employers added 2.7 million people to their payrolls, according to government data. Unemployment hit a…
Read more Economists say the labor market is strong — but job seekers don’t share that confidence. Here’s whyThe U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than expected, the Labor Department reported Friday. December’s jobs…
Read more U.S. payrolls increased by 216,000 in December, much better than expectedU.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration’s $21 billion commitment to modernize port infrastructure in…
Read more Why U.S. ports are getting a $21 billion upgradeJob creation showed little signs of a let-up in November, as payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy.…
Read more U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current CEO Stuart Sopp finds almost half of the…
Read more One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobsMiami Beach, Florida, Normandy Isle, 7ty One Venezuelan restaurant, interior with customers dining and wait staff cleaning up. Jeff Greenberg | Universal Images Group | Getty Images Friday’s…
Read more Here’s everything you need to look for in Friday’s July jobs reportEmployment growth eased in June, taking some steam out of what had been a stunningly strong labor market. Nonfarm payrolls increased 209,000 in June and the unemployment rate…
Read more Payrolls rose by 209,000 in June, less than expected, as jobs growth wobblesPayroll growth decelerated in December but was still better than expected, a sign that the labor market remains strong even as the Federal Reserve tries to slow economic…
Read more Nonfarm payrolls rose 223,000 in December, as strong jobs market tops expectationsAsian shares were mostly higher and oil prices rose Monday after the European Union and the Group of Seven democracies agreed on a boycott of most Russian oil…
Read more Asian shares gain, oil prices up after Russia price cap dealAsian shares were mostly higher and oil prices rose Monday after the European Union and the Group of Seven democracies agreed on a boycott of most Russian oil…
Read more Asian shares gain, oil prices up after Russia price cap dealWASHINGTON — For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control. And…
Read more EXPLAINER: 5 key takeaways from the November jobs reportJob growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle inflation. Nonfarm payrolls increased 263,000 for…
Read more Payrolls and wages blow past expectations, flying in the face of Fed rate hikesWASHINGTON — The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by…
Read more Applications for jobless benefits decline last weekWASHINGTON — U.S. job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as the Federal Reserve ramps up interest…
Read more US job openings fell in October to still-high levelWASHINGTON — Federal Reserve officials at their last meeting saw “very few signs that inflation pressures were abating” before raising their benchmark interest rate by a substantial three-quarters…
Read more Fed at last meeting saw few signs that inflation was easingNORFOLK, Va. — Phillip Slaughter left the Army after 18 years and found a job similar to one he had in uniform: behind the wheel of a truck.…
Read more Many vets are landing jobs, but the transition can be toughWASHINGTON — President Joe Biden has notched an envious record on jobs, with 10.3 million gained during his tenure. But voters in Tuesday’s midterm elections are far more…
Read more Biden stumps on job growth, as voters dread inflationJob growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by…
Read more U.S. payrolls surged by 261,000 in October, better than expected as hiring remains strongWASHINGTON — The U.S. economy grew faster than expected in the July-September quarter, the government reported Thursday, underscoring that the United States is not in a recession despite…
Read more EXPLAINER: How will we know if the U.S. is in recession?
