Feb 02 Watch 6:43 What the strong jobs report means for the Fed’s plan to lower interest rates By Courtney Norris, Amna Nawaz The labor market was running hot again last month as U.S. employers added 353,000 jobs, double what many expected. It's been resilient for months despite predictions of a recession last year. At the same time, the Federal Reserve indicated it’s… Continue watching
Oct 06 Watch 5:43 Job growth defies expectations but questions remain about overall health of economy By Paul Solman, Shoshana Dubnow The strength of the jobs market stunned again with a report surpassing most expectations. Employers added 336,000 jobs in September while unemployment remained at 3.8 percent. We also learned that nearly 120,000 more jobs were created in July and August… Continue watching
Oct 06 WATCH: Biden delivers remarks on jobs after employers hire 336,000 new positions By Associated Press President Joe Biden hailed the 336,000 jobs added in September, an unexpectedly robust gain that suggests that many companies remain confident enough to keep hiring. Continue reading
Jul 07 WATCH: White House national security adviser says U.S. is pressing for the release of reporter who has spent 100 days in Russian jail By Aamer Madhani, Associated Press The Kremlin earlier this week suggested that it was open to a possible prisoner exchange that could involve Gershkovich, but it underscored that such talks must be held out of the public eye. Continue reading
Jun 02 Watch 6:00 U.S. economy adds more jobs in face of inflation and interest rate hikes By Paul Solman, Diane Lincoln Estes, Shoshana Dubnow The latest jobs report shows the labor market remains strong despite rising interest rates. That's good news for workers but it complicates the Federal Reserve's efforts to curb inflation. Economics Correspondent Paul Solman looks at the connections between the labor… Continue watching
Apr 07 Watch 3:54 News Wrap: Terror attack in Tel Aviv kills 1, injures 6 others In our news wrap Friday, Israeli authorities said a driver rammed a car into a group of people near a popular park in Tel Aviv, killing one and wounding six others, the U.S. Labor Department reported employers added 236,000 jobs… Continue watching
Mar 10 Watch 6:18 Another strong jobs report raises more questions about inflation and interest rate hikes By Geoff Bennett, Ryan Connelly Holmes The U.S. economy created 311,000 jobs in February, more than expected, as the unemployment rate rose to 3.6 percent. But that came as the labor force participation rate improved and more than 400,000 workers jumped back into the workforce, something… Continue watching
Mar 10 U.S. economy adds 311,000 jobs in February despite Fed’s rate hikes By Chris Rugaber, Associated Press America's employers added a substantial 311,000 jobs in February, fewer than January's huge gain but easily enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. Continue reading
Feb 04 Ahead of State of the Union, Biden’s economic optimism not shared by GOP By Josh Boak, Associated Press President Joe Biden sees a nation with its future aglow. Republicans take a far bleaker view — that the country is beset by crushing debt and that Biden is largely responsible for inflation. Continue reading
Feb 03 Watch 6:40 Hiring surges but trends show more working-age men dropping out of labor force By Paul Solman, Ryan Connelly Holmes Job growth surged last month, shaking off fears of a hiring slowdown. Employers added 517,000 jobs in a hiring boom far stronger than anyone had expected. The jobless rate dropped to 3.4%, the lowest level in 53 years. The report… Continue watching