Aug 29 WATCH: 2 economists on where the U.S. economy is headed now By Casey Kuhn, Nicole Ellis, Jenna Cohen “The economy's in a really interesting position right now,” Furchtgott-Roth said. “We have never had such a gap between gross domestic investment and consumption spending.”… Continue reading
Aug 18 Watch 7:58 American cities, states can’t find enough workers despite an influx of federal funding By Catherine Rampell, Diane Lincoln Estes The number of Americans filing for unemployment fell to 250,000 last week, dipping for the first time in three weeks. But as students across the country return to school, many districts are facing staff shortages. State and local governments are… Continue watching
Jul 08 U.S. employers added 372,000 jobs in June, with unemployment at 50-year low By Chris Rugaber, Associated Press America's employers shrugged off high inflation and weakening growth to add 372,000 jobs in June, a surprisingly strong gain that will likely spur the Federal Reserve to keep sharply raising interest rates to cool the economy and slow price increases. 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
Apr 03 Biden trumpets economic gains, but struggles to get credit By Josh Boak, Zeke Miller, Chris Megerian, Associated Press For President Biden, convincing Americans of the progress made in the economic recovery only serves as a salient reminder of how much further the country has to go. Continue reading
Mar 29 Labor Department says U.S. job openings remain at historic highs By Christopher Rugaber, Associated Press Job openings stayed at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. Continue reading
Mar 24 U.S. jobless claims hit lowest level in over 50 years By Matt Ott, Associated Press The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic. Continue reading
Feb 04 Watch 10:28 White House Chief of Staff Ron Klain on President Biden’s economic and domestic priorities The U.S. labor market proved to be stronger than expected last month despite the omicron surge. Employers added 467,000 jobs as the economy picked up momentum, while the Labor Department said there were nearly 700,000 more jobs created in November… Continue watching
Feb 04 WATCH: President Biden says U.S. ‘job machine is going stronger than ever’ By Associated Press In a burst of hiring and despite the predictions of many economists, America's employers added 467,000 jobs in January, a sign of the economy's resilience even in the face of a wave of omicron infections last month. Continue reading
Jan 20 Number of Americans applying for unemployment benefits rises to 286,000 By Paul Wiseman, Associated Press The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market. Continue reading