Feb 07 Watch 6:37 Chicago Fed president on what the new jobs report says about the economy By Amna Nawaz, Jackson Hudgins The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also revised down jobs numbers between April 2023 and March of 2024 by nearly 600,000, the largest annual revision… Continue watching
Jan 11 WATCH: Biden says he's leaving economy 'stronger than ever' for Americans as his term nears end By Associated Press President Joe Biden lauded his administration’s record on the economy after the labor department reported Friday a surge in job growth and decline in unemployment last month. Continue reading
Oct 04 Watch 6:18 After strong jobs report, Treasury official discusses what it says about wider economy By Amna Nawaz The Labor Department issued one of the last jobs reports before the presidential election, and the numbers are strong. It shows 254,000 jobs were added in September, beating expectations. Overall, the report paints a picture of a robust American economy… Continue watching
Sep 06 Watch 6:35 Chicago Fed president expects multiple interest rate cuts amid economic 'overcooling' By Geoff Bennett, Murrey Jacobson, Karina Cuevas The latest jobs report paints a mixed picture of the overall economy. The U.S. added 142,000 new jobs last month and the unemployment rate dipped slightly to 4.2 percent. The report was better than July, but with revisions, it shows… Continue watching
Aug 02 Unemployment rise shakes stock markets, yet recession signals have been wrong — so far By Christopher Rugaber, Paul Wiseman, Associated Press The U.S. economy used to flash reliable signals when it was in or near a recession. But those red lights have gone haywire since the COVID-19 pandemic struck and upended normal business activity. Over the past two or three years,… Continue reading
Jul 05 Watch 6:28 Jobs report exceeds expectations but unemployment rise signals cooling labor market By Amna Nawaz, Courtney Norris, Murrey Jacobson The U.S. Economy added more jobs than expected last month, the 42nd consecutive month of job growth. But unemployment inched up to 4.1 percent and there were other signs of a cooling labor market. For a deeper look at what… Continue watching
Jun 07 Watch 5:35 After a decades-long decline in teen employment, Gen Z is reversing the trend By Amna Nawaz, Azhar Merchant The latest jobs report showed an unexpected surge in hiring. The leisure and hospitality sector has been growing at a steady clip and added over 42,000 jobs, an encouraging prospect for teenagers looking for a job this summer. After a… Continue watching
May 03 U.S. economy adds 175,000 jobs in April but sees a rise in unemployment By Paul Wiseman, Associated Press The nation's employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market. Continue reading
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