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"We're hiring" sign at business in Encinitas

Economy Jan 09

Sluggish hiring closes out a frustrating year for job seekers

By Christopher Rugaber, Associated Press

Economy Dec 16

A "Now Hiring" sign hangs in the window of a hair salon in Medford, Massachusetts
The U.S. gained 64,000 jobs in November but lost 105,000 in October as the unemployment rate rose to 4.6%

Hiring has clearly lost momentum, hobbled by uncertainty over President Donald Trump's tariffs and the lingering effects of the high interest rates the Federal Reserve engineered in 2022 and 2023 to rein in an outburst of inflation.

By Paul Wiseman, Associated Press

Economy Dec 04

"Now hiring" sign at business in Encinitas
U.S. filings for jobless benefits fall to lowest level since mid-2022

The number of Americans applying for jobless benefits for the week ending Nov. 29 fell to 191,000 from the previous week’s 218,000, the Labor Department reported Thursday. That’s the lowest level since September 24, 2022, when claims came in at…

By Matt Ott, Associated Press

Economy Nov 20

"We're hiring" sign outside Target store in Encinitas
Delayed jobs report shows U.S. employers added a surprisingly solid number of jobs in September

U.S. employers added 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown.

By Paul Wiseman, Associated Press

Economy Oct 14

FILE PHOTO: U.S. Federal Reserve Chair Powell attends a press conference in Washington
Powell: Slowdown in U.S. hiring suggests economy still needs rate cuts

Economists said Federal Reserve Chair Jerome Powell's remarks solidified expectations for further rate cuts, starting at its next meeting.

By Christopher Rugaber, Associated Press

Sep 09

U.S. job market much weaker in 2024 and this year than previously thought, new data shows

By Paul Wiseman, Associated Press

Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday.

Continue reading

Sep 05

U.S. hiring stalls with just 22,000 jobs added in August

By Paul Wiseman, Associated Press

The unemployment rate ticked up to 4.3%, also worse than expected and the highest level since 2021.

Continue reading

Dec 03

U.S. job openings rose in October but hiring slowed, in a mixed picture for the labor market

By Christopher Rugaber, Associated Press

The increase suggests that job gains could pick up in the coming months, but the latest figure is down significantly from 8.7 million job postings a year ago.

Continue reading

Sep 06

U.S. hiring rebounded slightly last month, showing cooling but steady job market

By Christopher Rugaber, Associated Press

Collectively, Friday's figures depict a job market slowing under the pressure of high interest rates but still growing.

Continue reading

Aug 20

How fast and how far could the Fed cut rates? Powell may give hint during Friday speech

By Christopher Rugaber, Associated Press

A lower Fed benchmark rate would eventually lead to lower rates for auto loans, mortgages and other forms of consumer borrowing.

Continue reading

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Full Episode
Saturday, Jan 10
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