Annual wage growth in the private sector dipped to 5.1% in the fourth quarter from 5.2% in the previous three-month period, according to the Labor Department’s employment cost index.
The US economy has been remarkably resilient, defying a year's-worth of recession calls. From the labor market to consumer spending to inflation, key readings on the economy have been running hot.
The hours data are erratic, and subject to large revisions, but the February data paint a very different picture on the state of labor demand than the jobs numbers. Annual Rate of Wage Growth Slows to ...
The U.S. Bureau of Labor Statistics releases its jobs report every month, with the number of jobs gained or lost making the headlines. It gives us a bird ... their job growth is faster than ...
The labor market remains resilient in the face ... a consulting firm. “However, even as growth slows, a focus on lowering elevated inflation means rates will move up further and will remain ...
Banking Woes Complicate Next Week's Decision US inflation edged down to 6% in the year to February 2023, lower than the 6.4% ...
Victories at several companies energized organizers, but hostile corporations – and an impotent labor board – stymie negotiations US corporations ... become part of the cost of doing business.” ...
U.S. consumer confidence unexpectedly fell in February, with the decrease concentrated among lower-middle income households, though Americans grew more upbeat about the labor market. The survey ...
Climate change also threatens to lift inflation and crimp growth through more frequent and damaging natural disasters. Extreme weather events cost the United States $ ... Climate change also affects ...
New Hyde Park, N.Y.-based Northwell Health began 2023 with a low, but positive operating margin, but labor ... it approaches cost-cutting and why outpatient care is its biggest growth area.
The Q3 GDP figures showed that slowdown in growth was attributed to the base ... Nigerians became poor this year.” He said the Labor Party offers a different approach to development that ...