Fed Chair Powell Signals a Rate Cut is Coming
In Powell’s testimony to Congress, he said ‘crosscurrents’ have been weighing on economic activity and the central bank will ‘act as appropriate.’
Unemployment Dips to Lowest Level in 50 Years
A second straight month of strong U.S. job growth is "further evidence that February’s paltry 56,000 increase in jobs was an aberration."
U.S. Job Growth Slows to 155,000 in November
The unemployment rate remained at 3.7% and wages rose 3.1% on an annual basis, indicating continuing strength in the labor market.
U.S. Adds 250,00 Jobs, Wages Rise 3.1%
The October jobs report is "another reminder of the labor market’s persistent strength even as the stock market has swerved down in recent weeks."
Job Gains Top 200,000 for 2nd Straight Month
U.S. job growth in June easily beat economists' expectations despite signs the economy is at or near full employment.
U.S. Employers Add 313,000 Jobs in February
“We were able to create enough new jobs to accommodate new seekers and keep the unemployment rate steady," an economist says of the strong jobs report.
U.S. Wage Growth Hits Highest Level Since 2009
The strong January report suggests the solid jobs growth since the recession may finally be translating into a surge in salaries.
Job Growth Gets Back on Track After Hurricanes
The U.S. labor market added 261,000 jobs in October but "The big question is whether continued growth will translate into higher wages or not.”
U.S. Job Growth Slows to 156,000 in August
But unemployment remains just shy of a 16-year low and economists believe last month's job numbers may only be a temporary blip.
U.S. Employers Add 209,000 Jobs in July
Another month of robust employment growth suggests "the U.S. economy is still growing at a strong pace."
Modest Jobs Gain Not Seen Deterring Rate Hike
Employers added 138,000 jobs in May, well below expectations but "not enough to derail the Fed at all."