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
Feb 03 WATCH: Biden and Harris make remarks on strong jobs report during visit to Philadelphia By Will Weissert, Chris Megerian, Associated Press President Joe Biden hasn't announced a reelection campaign, but some of the themes likely to be the centerpiece of that expected run should be on display Friday night when he addresses a national Democratic Party meeting. Continue reading
Feb 03 U.S. sees unexpected surge in hiring with 517,000 jobs added in January despite Fed hikes By Paul Wiseman, Associated Press America's employers added a stunning 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve's aggressive drive to slow growth and tame inflation with higher interest rates. Continue reading
Jan 06 Watch 5:24 Hiring slows in December as worker shortage still presents challenges By Paul Solman, Ryan Connelly Holmes Friday's jobs report signaled good news for those who are worried about a recession and inflation. It also capped a very strong year for the jobs market overall with more than 4.5 million new jobs created in 2022. That's the… Continue watching
Nov 04 Wall Street wavers after October jobs data, hopes for China rebound By Stan Choe, Associated Press Stocks wavered as Wall Street weighs how to read the latest data on the U.S. jobs market and hopes that the world's second-largest economy may be set for a boost. Continue reading