Apr 04 Watch What does March’s job market slowdown mean for wage growth? By PBS News Hour There was a bright spot in Good Friday's disappointing jobs report that revealed the number of jobs added fell well below expectations: Wages, stuck for so long, are finally starting to go up. The Wall Street Journal's Eric Morath joins… Continue watching
Apr 03 Watch 4:27 Do weaker U.S. jobs numbers suggest a downshifting economy? By PBS News Hour March put an end to a year-long streak of solid U.S. job growth. The Labor Department reported that employers added a net of just 126,000 jobs last month. Hari Sreenivasan talks to Diane Swonk of Mesirow Financial about what’s behind… Continue watching
Apr 03 Watch 5:07 News Wrap: Prisoner who spent 30 years on Alabama death row exonerated By PBS News Hour In our news wrap Friday, a man who spent nearly 30 years on Alabama’s death row walked out a free man after prosecutors admitted the only physical evidence of two murders did not link him to the crime. Also, Saudi… Continue watching
Apr 03 How much of March’s disappointing jobs report is just a blip? By Simone Pathe The economy added a disappointing 126,000 jobs in March. And while economists often caution that one month's data shouldn't be weighted too heavily, this latest jobs report comes on the heels of other news about slower economic growth. All of… Continue reading
Mar 06 Watch 6:39 Job gains continue, so why are wages stubbornly stagnant? By PBS News Hour February’s labor report came in with stronger growth than expected, with 295,000 jobs added last month and the lowest unemployment rate since the 2008 financial crisis. But wage growth continues to lag, with hourly earning rising just one tenth of… Continue watching
Mar 06 Wages are sore spot on strong February jobs report By Simone Pathe Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate… Continue reading
Feb 06 Why a higher unemployment rate may be good news for the economy By Simone Pathe The unemployment rate increased from 5.6 to 5.7 percent in the first month of 2015, but economists greeted that as good news. Even more encouraging, the economy added 257,000 jobs in January and average hourly earnings were up 12 cents. Continue reading
Jan 09 Watch 6:02 Does a stronger economy mean higher interest rates in 2015? By PBS News Hour Continue watching
Jan 09 Watch 5:34 News Wrap: Legal challenge to Keystone XL fails in Nebraska By PBS News Hour In our news wrap Friday, the House of Representatives voted again to approve construction of the Keystone XL pipeline after the Nebraska Supreme Court rejected a legal challenge to the pipeline’s route. Also, Islamic cleric Mustafa Kamel Mustafa was sentenced… Continue watching
Jan 09 We’re adding jobs like it’s 1999, but American workers just can’t get a raise By Simone Pathe The final unemployment report of 2014, released Friday morning, ended a solid year of payroll gains. But despite December's additional 252,000 jobs and the lowest unemployment rate since 2008, wages aren't rising. In fact, average hourly earnings fell in December,… Continue reading