Nov 17 Fewer Americans filed for jobless benefits last week, contributing to inflation By Matt Ott, Associated Press The U.S. job market remains healthy as fewer Americans applied for unemployment benefits last week, despite the Federal Reserve's rapid interest rate hikes this year intended to bring down inflation and tighten the labor market. Continue reading
Oct 06 Watch 7:34 News Wrap: Dozens of children and adults killed by attacker in Thailand In our news wrap Thursday, an attacker armed with guns and a knife stormed into a daycare center in Thailand and massacred dozens of children and adults, a federal judge halted key provisions of New York's sweeping gun law and… Continue watching
Jul 07 U.S. jobless claims rise to 235,000, most in nearly six months By Matt Ott, Associated Press More Americans applied for unemployment benefits last week, and while layoffs remain low, it's the fifth straight week claims have topped the 230,000 mark. Continue reading
Jun 01 U.S. job openings remain high, with nearly twice as many openings as unemployed people By Christopher Rugaber, Associated Press The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people. Continue reading
May 06 U.S. job market extends hiring streak with 428,000 jobs in April despite surging inflation By Paul Wiseman, Associated Press America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Continue reading
Mar 04 Watch 5:48 Strong jobs report signals more Americans returning to labor market as coronavirus wanes By Geoff Bennett, Karina Cuevas The latest jobs reports shows U.S. job growth surged in February as the omicron wave of COVID-19 began fading. The Labor Department reports employers added a net of 678,000 jobs, the most since July. Jared Bernstein, who serves on the… Continue watching
Mar 04 U.S. added 678,000 jobs in February in sign of economic health By Christopher Rugaber, Associated Press U.S. employers added 678,000 jobs in February, another solid gain that underscored the economy's robust health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation. Continue reading
Feb 13 Watch 4:33 Why gas prices could remain high for some time By Hari Sreenivasan Inflation in the U.S. has jumped at its fastest rate in 40 years, the Labor Department announced last week. Costs of food and fuel have been rising – and while there may be fluctuations in prices, gasoline prices are expected… Continue watching
Oct 08 U.S. employers add a weak 194,000 jobs as delta maintains hold By Christopher Rugaber, Associated Press Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.8% from 5.2% in August. Continue reading
Jul 13 U.S. consumer prices surge in June by the most since 2008 By Christopher Rugaber, Associated Press American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply. Continue reading