Feb 07 U.S. jobless rate dips to 4 percent as employers add 143,000 positions last month By Paul Wiseman, Associated Press The first job report of Donald Trump's second presidency on Friday suggested that he inherited a labor market that is solid but unspectacular. Continue reading
Dec 10 WATCH: Biden looks back at his economic record in speech at Brookings Institution By News Desk President Joe Biden said Tuesday he was “stupid” not to put his own name on pandemic relief checks in 2021, noting that Donald Trump had done so in 2020 and likely got credit for helping people out through this simple,… Continue reading
Dec 06 U.S. hiring bounced back in November as employers added 227,000 jobs By Paul Wiseman, Associated Press The November employment report provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession. Continue reading
Nov 01 U.S. employers added only 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls By Paul Wiseman, Associated Press America's employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls. Continue reading
Oct 30 Why the last jobs report before the election will be one of the most distorted in years By Christopher Rugaber, Associated Press Just as voters, politicians and Federal Reserve officials are looking for a clear read on the economy, they instead will get a muddied one. Continue reading
Oct 24 Fewer people are applying for new jobless benefits but demand for workers may be waning, new data suggests By Matt Ott, Associated Press The four-week average of continuing claims is only as high as it was this summer, and not terribly concerning yet, analysts say. Continue reading
Oct 12 Despite Trump’s claims, data shows migrants aren’t taking jobs from Black or Hispanic people By Fatima Hussein, Associated Press Trump, who often uses anti-immigrant rhetoric, has referred during his campaign to immigrants he says are taking “Black jobs” and “Hispanic jobs.” But government data show immigrant labor contributes to economic growth and provides promotional opportunities for native-born workers. Continue reading
Oct 04 U.S. labor market still sturdy as U.S. adds 254,000 jobs and unemployment dips to 4.1 percent By Paul Wiseman, Associated Press America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy. Continue reading
Sep 04 Labor report paints mixed picture, showing U.S. job openings fell in July while hiring rose By Christopher Rugaber, Associated Press Wednesday's figures indicate that fewer companies are seeking to add workers despite recent data showing that consumer spending is still growing. Continue reading
Aug 23 Watch 6:59 Fed chair says ‘time has come’ to cut interest rates amid signs of weakening job market By John Yang, Karina Cuevas Financial markets rallied Friday after Fed Chairman Jerome Powell said that it’s time to start cutting interest rates. The question now is by how much, and how quickly fed policymakers will act. Powell said inflation is low enough and that… Continue watching