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
Sep 04 Watch 8:14 How American workers are faring after two years of pandemic turmoil Labor Day this year comes after a pandemic-induced rollercoaster of historically high unemployment followed by very low unemployment numbers. What has this meant for workers themselves? Maximillian Alvaraz of the Real News Network and the Working People podcast and Tsedal… Continue watching
Sep 02 U.S. hiring slows as employers add a still-solid 315,000 jobs By Christopher Rugaber, Associated Press Even though the job gain declined from July, the report still pointed to a resilient labor market and an economy that is not near recession. Continue reading
Aug 05 Watch 5:47 Hiring surged in July as U.S. economy exceeds expectations despite inflation, rate hikes By John Yang The U.S. has now regained all the jobs it lost during the COVID pandemic, in spite of concerns about rising inflation and a possible recession. Employers added 528,000 jobs last month, more than double what economists predicted. Meanwhile, unemployment fell… Continue watching
Jun 03 Watch 5:58 What the May jobs report says about the nation's economic outlook The May jobs reports showed U.S. employment is still going strong despite higher prices and interest rates. Employers added a net 390,000 jobs last month as the unemployment rate remained steady at 3.6 percent. Betsey Stevenson, a public policy and… Continue watching