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 ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
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 ...
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different ...
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 ...
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.
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, ...
The possibility that the U.S. economy could enter a period of stagflation came into focus Thursday as the quarterly GDP ...
Time to recap… Hiring in the US slowed in April with the workforce adding another 175,000 jobs and wage growth slowing ... as ease worries exacerbated by the Employment Cost Index (ECI) and Unit Labor ...
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing ...
Yet the moderation in the pace of hiring, along with a slowdown last month in wage growth, will likely be welcomed ... over time, reduce the cost of mortgages, auto loans and other consumer ...
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two ...