Friday’s jobs report was the 48th and final monthly employment update of President Joe Biden’s presidential term, a tenure featuring significant improvement across the labor market which Biden ...
WASHINGTON, Jan 10 (Reuters) - U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing ...
Photo: Getty Images The U.S. labor market finished 2024 strong, with a December jobs report that surpassed economists’ predictions. Employers added 256,000 jobs in the last month of 2024 ...
If the latest job numbers have you wondering about the interplay between the labor market, inflation, and the Fed — you don’t need to dig out your old macroeconomics textbook to find out.
In December, Fed Chair Jay Powell said that the labor market didn’t need any more softening to get inflation to resume its path downward. At the time, all signs pointed to a cooling, but still ...
It was a better-than-expected number amid a labor market that has been slowly cooling for two years. The unemployment rate edged down to 4.1 percent. Although it’s too early to call it a trend ...
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday. “My concerns about ...
The final labor market data release, for December 2024, released earlier today continues to underline the continued strength of the US economy. This is further corroborated by robust economic growth.
WASHINGTON, Jan 23 (Reuters) - The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and ...
The US labor market ended 2024 on a high note, adding 256,000 jobs in December, above the forecast of 164,000. Unemployment unexpectedly dropped from 4.2% in November to 4.1% in December.
Leading indicators like JOLTS and weekly jobless claims hinted at labor market improvement, with job openings reaching over 8 million. Despite positive signs, structural employment issues persist ...
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