Inflation has tumbled from its peak in June 2022 to 3.7% on the back of the Fed’s rate hikes. Yet the unemployment rate has ...
The unemployment rate, at a still-low 3.8%, has scarcely budged since March 2022, when the Fed began imposing a series of 11 rate hikes at the fastest pace in decades.
The S&P 500 gained 17.38 points, or 0.4%, to 4,337.44. The Dow Jones Industrial Average rose 43.04 points, or 0.1%, to 34,006 ...
NEW YORK (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market conditions ...
U.S. job creation slowed in August, new data shows 04:36 The labor market is showing signs of cooling, shifting gears after months of strong job creation that fueled soaring inflation and prompted ...
WASHINGTON (Reuters) - U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing ...
WASHINGTON, Sept 1 (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor ...
U.S. job growth continued at a moderate pace in August while the unemployment rate unexpectedly jumped, a sign that the labor market is finally cooling in the face of rising interest rates and ...
U.S. Treasury Secretary Janet Yellen said on Tuesday that U.S. growth needed to slow in line with potential due to full ...
If trends continue, the central bank may achieve a rare and difficult "soft landing" — the taming of inflation without triggering a deep recession.
NEW YORK, Sept 1 (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate and moderation in wage growth pointed to an easing in labor market ...
WASHINGTON (Reuters) - The U.S. economy added more jobs than expected in August, but a rise in the unemployment rate to 3.8% and moderation in wage growth pointed to an easing in labor market ...
