Aug 04 U.S. economy adds 187,000 new jobs, fewer than expected but unemployment down By Paul Wiseman, Associated Press U.S. employers added 187,000 last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient. Continue reading
Jul 07 U.S. adds 209,000 jobs in June, a slowing in hiring but a sign of economy’s resilience By Christopher S. Rugaber, Associated Press WASHINGTON (AP) — America's employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs, a sign that the economy's resilience is confounding the Federal Reserve's drive to slow growth and inflation. The… Continue reading
Jun 03 Watch 7:27 Why several states are pushing to loosen child labor restrictions By Ali Rogin, Kaisha Young The U.S. government found child labor violations involving over 3,800 minors in 2022. At the same time, some states say there is too much regulation of child labor. Katherine Walts, director of the Center for the Human Rights of Children… Continue watching
May 05 Watch 6:15 Jobs report shows strong employment growth but many still choosing gig economy By Paul Solman, Ryan Connelly Holmes The U.S. labor market is again showing signs of resilience and unexpected strength amid other economic clouds. The latest report found job growth higher than expected in April with 253,000 new jobs spread throughout many sectors of the economy. Paul… Continue watching
May 05 U.S. adds over a quarter million jobs despite Fed’s rate hikes By Paul Wiseman, Associated Press America’s employers added a robust 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy. Continue reading
Apr 21 Lyft employees brace for ‘significant’ layoffs as new CEO takes the reins By Michael Liedtke, Associated Press Lyft is preparing to lay off hundreds of employees just days after new CEO David Risher began steering the ride-hailing service with a eye of driving down costs to help bring its fares more in line with its biggest rival, Uber. Continue reading
Mar 16 Fewer Americans apply for unemployment aid last week as layoffs remain low By Matt Ott, Associated Press Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool the economy and tamp down inflation. Continue reading
Mar 10 WATCH: Biden hails economic progress after U.S. added 311,000 jobs in February By Christopher Rugaber, Associated Press America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation. Continue reading
Feb 09 Stocks drift higher after shaky week on Wall Street By Stan Choe, Associated Press A still-strong jobs market has investors buying more into the Fed’s forecast that it will hike rates a couple more times before holding them at a high level through this year. Continue reading
Feb 07 WATCH: Biden envisions hundreds of thousands more jobs to rebuild U.S. pride By Associated Press President Joe Biden is offering a reassuring assessment of the nation's condition rather than rolling out flashy policy proposals as he delivers his second State of the Union address. Continue reading