The US economy underperformed ... Health care led the growth of jobs in April, adding 56,000 jobs, while social assistance added 31,000 jobs. “There’s more work to do,” Biden said in his statement. “I ...
Amid US job growth above forecasts and accelerating inflation, the US economy in the first quarter of this year slowed more ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different ...
WASHINGTON (Reuters) - U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity ...
The Employment Cost Index (ECI), the broadest measure of labor costs, increased 1.2% last ... closer to the Fed's 2% target. Though job growth accelerated in the first quarter, surveys including ...
Rolling coverage of the latest economic and financial news. FTSE 100 hits record high 09:33 Boom! Britain’s FTSE ...
The possibility that the U.S. economy could enter a period of stagflation came into focus Thursday as the quarterly GDP ...
Hong Kong stocks led a surge in Asian markets as China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed as much as 2.2pc to put it on track for a ninth consecutive day of gains, ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing ...
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two ...