The latest message from the data on the U.S. economy is simple: So far, so good, until further notice. The labor market remained in a healthy state of balance as America entered a global trade war in April. U.S. employers added 177,000 jobs last month, the Labor Department reported on …
The latest message from the data on the U.S. economy is simple: so far, so good, until further notice. The labor market remained in a healthy state of balance as America entered a global trade war in April. U.S. employers added 177,000 jobs last month, the Labor Department reported on …
David Espejo | Moment | Getty Images Weary consumers, already grappling with high prices, now face an added potential risk: stagflation. Stagflation — an economic term used to describe a combination of rising inflation, slower economic growth and high unemployment — may be on the horizon, according to economists. “The …
When Congress voted to normalize trade relations with China at the beginning of this century, U.S. manufacturers braced for a stream of cheap goods to begin flowing into U.S. ports. Instead, they got a flood. Imports from China nearly tripled from 1999 to 2005, and American factories, with their higher …
Last Updated:April 04, 2025, 20:13 IST President Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet. US President Donald Trump ( File IMAGE: REUTERS) President Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet. Trump’s sweeping …
It might be a moment of hush before chaos ensues, or it may be business as usual. U.S. employers added 151,000 jobs in February, the first full month under the new Trump administration, the Labor Department reported on Friday. The gain extended a streak of job growth to 50 months. …
For about a year now, the labor market has existed in a state of eerie calm: Not many people were losing their jobs or quitting, but not many of those seeking work were getting job offers. The mass layoffs now underway across the federal government, along with its employees who …
Protesters demonstrate in support of federal workers outside of the U.S. Department of Health and Human Services on Feb. 14, 2025 in Washington, DC. Anna Moneymaker | Getty Images On Feb. 11, Elizabeth Aniskevich, an attorney at the Consumer Financial Protection Bureau, received a notice that she was being terminated …
Can a labor market be hot and cool at the same time? That’s the picture painted by the latest federal hiring figures, which show a step down in job creation last month — as well as a drop in joblessness. Employers added 143,000 jobs in January, slightly fewer than expected, …
Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by disruption. The economy added 256,000 jobs in December, seasonally adjusted, the Labor Department reported on Friday. The number handily beat expectations after two years of cooling in …