US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.
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 ...
T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, ...
The US labor market cooled notably last month as both hiring and wage growth slowed more than economists had expected in ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in ...
Old Dominion Freight Line generated a higher profit in the first quarter as some costs came down and sales rose despite challenges presented by softness in the economy. The Thomasville ...
Siriram points to labor costs. Although wage growth has eased along with pandemic-induced labor shortages, Sriram notes that average monthly job growth of 276,000 this year signals that employers ...
Hot-cross buns were even more popular, enjoyed by 45% of Britons.” The growth in confectionery reflected a broader trend towards snacking in Britain. Over the past decade, there has been an ...
The latest indications on U.S. private sector activity reveal a sharp and unexpected slowdown in the pace of growth ... input cost inflation reached a one-year high. “The US economic upturn ...
US business activity continued to increase in April, but the rate of expansion slowed amid signs of weaker demand. The latest rise in output was the smallest in the year-to-date reflecting reduced ...
Labor productivity ... that only affect growth rates by a few tenths of a percentage point feels small. But then I remind myself that the difference between the United States and Argentina ...