Job losses amid the coronavirus pandemic amount to "a staggering, sudden blow to American workers never seen before in the U.S. economy."
"The disinflationary impact from the [coronavirus] and the crash in oil prices will exert even more downward pressure on prices."
After the third-quarter contraction, “There is hope that the recent slight productivity uptick may lead to better results in the future."
The Trump administration says reporters' use of computers in secure lockup rooms can give high-speed traders a "head start" on market-moving news.
“We had relatively strong and steady job growth over the year despite a number of headwinds," an economist says.
“The underlying trend in claims remains consistent with a strong labor market."
The CPI rose 2.1% in November on a year-on-year basis but the Fed "doesn’t expect inflation to sharply exceed its 2% goal anytime soon."
The 266,000 jobs gain shows the labor market "is continuing to provide the key foundation for the U.S. economy.”
"Inflation needs to accelerate noticeably for the Fed to consider raising interest rates, and that doesn’t appear to be in the cards."
The data suggest “the labor market remains strong even as employers are becoming more cautious about hiring workers.”
The government's latest JOLTS report "indicates that this is actually a labor market that is losing momentum."
The July inflation readings reduce "the chances that the U.S. central bank would cut rates by half a percentage point" in September.
