The U.S. economy produced jobs at a slower but still comfortable rate at the end of 2022, as higher interest rates and changing consumer habits downshifted the labor market without […]
Labor Department (US)
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Back to news homeU.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy
Other indicators have signaled that a more serious contraction is underway.The purchasing managers’ index for manufacturing, which measures how many manufacturers are expanding, turned negative for the first time since […]
U.S. employers added 263,000 jobs in November, the latest sign of the economy’s strength.
+263,000 in November +600,000 jobs Nov. ’21 Feb. ’22 +600,000 jobs +263,000 in November Nov. ’21 Feb. ’22 America’s jobs engine kept churning in November, the Labor Department reported Friday, […]
Biden Proposal Could Lead to Employee Status for Gig Workers
A proposed rule, long awaited by labor activists, would make it harder for companies to classify workers as independent contractors. Read More
U.S. Job Growth Eases, but Is Too Strong to Suit Investors
The gain of 263,000 was shy of recent monthly totals but still robust. Stocks fell on fears of a harder, longer Fed campaign to fight inflation. Read More
U.S. Job Growth Slowed in August
“Unfortunately, as the demand and sales volumes pulled back, we had to account for that,” said Seth Barnes, who owns the company with his wife, Samantha. “We’re a little more […]
With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic
U.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level, despite widespread expectations of a slowdown as the Federal Reserve raises interest rates […]
April Jobs Report: Gain of 428,000 Shows Vibrant Labor Market
The U.S. economic rebound from the pandemic’s devastation held strong in April with another month of solid job growth.Employers added 428,000 jobs, matching the previous month, the Labor Department reported […]
January 2022 Jobs Report: Strong Gains Show Resilient Economy
A record-setting spike in coronavirus cases kept millions of workers at home in January and disrupted businesses from coast to coast. But it couldn’t knock the U.S. job-market recovery off […]
Why the January Jobs Report May Disappoint, and Is Sure to Perplex
The January jobs report is arriving at a critical time for the U.S. economy. Inflation is rising. The pandemic is still taking a toll. And the Federal Reserve is trying […]