The pace of job growth cooled through mid-2025, while the unemployment rate rose relatively little. This seeming puzzle is explained by an even stepdown of labor supply and demand, meaning slowing ...
December jobs growth was the slowest in years, keeping mortgage rates near 6% as bond yields held steady and Trump’s MBS policy aided spreads. AI Summary Jobs Friday came and went without much ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Traders revised their rate cut bets for January after the latest labor report came in roughly in line, while the unemployment rate dipped to 4.4%. After the latest job report, the chances of a 25 ...
Labor Secretary Lori Chavez-DeRemer insisted the job market is strengthening despite new signs of economic softness, even as unemployment rose to its highest level since 2021. Chavez-DeRemer argued ...
BUENOS AIRES, Dec. 17 (UPI) --Argentina's government is pushing a labor reform aimed at reducing off-the-books work and expanding formal employment to shore up a pension system under the strain of ...
The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market. In ...
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point. By Colby Smith Colby Smith cover the Federal Reserve.
Federal Reserve Chair Jerome Powell said the central bank decided to cut rates at today's meeting because the labor market was cooling and there was no sign of a hot economy that would spur inflation.
Connecticut employers cut an estimated 5,700 jobs in September and the state’s labor force shrank for the third month in a row, offering new signs that hiring is cooling in step with national ...
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