Is strong hiring fanning the flames of inflation?
AP Photo/Nam Y. Huh
The Fed has been trying to tame employment and wages to keep inflation in check. It ain’t working.
Fed Chair Jerome Powell is hoping to orchestrate a very delicate dance.
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The US economy gained more jobs than expected in June, although it was still a decline from May. An economist explains what the new numbers mean.
Flipping jobs?
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The job market continued to improve in December, but a stagnating labor pool will pose more challenges for employers in 2022.
After recent supply chain difficulties, is there smooth sailing ahead?
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Job creation might well have slowed, but a deeper dive into employment data suggests the picture is actually pretty rosy.
The door to unemployment benefits is closing for million of Americans.
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Three pandemic-related unemployment benefit programs expire on Labor Day, putting millions of mostly low-income families in financial jeopardy.
Retail employees such as cashiers are among the least-paid U.S. workers.
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Employment and wages soared in the latest labor report, but that’s small comfort for the many workers with a job that doesn’t pay a living wage.
The number of people seeking jobless benefits has soared during the pandemic.
AP Photo/John Locher
The widely reported unemployment rate – currently 6.3% – doesn’t fully reflect the reality of joblessness in the US economy.
Turn that frown upside down.
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Governments use a variety of labor market policies to support workers who lose their jobs – each with a different impact on a country’s well-being.
Business closures across the U.S. have caused job losses to spike.
AP Photo/Paul Sancya
Several economists predict joblessness will eventually surpass the 25% rate experienced in 1933.
A weaker domestic economy could limit Trump’s options.
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Trump may find it harder to maintain support for his escalating tariffs on China if the US economy shows further signs of weakness.
Sluggish jobs growth may compel Federal Reserve Board Chair Powell to take action.
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The Fed said it’s ready to act to ‘sustain the expansion.’ The latest jobs report suggests it may have to act soon.
Millions of unemployed Americans have become too discouraged to look for work.
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An economist explains why the long-term drop in the participate rate is an even bigger problem for the US economy than the May slowdown in jobs growth.
An Amazon employee applies tape to a package before shipment.
AP Photo/Patrick Semansky
The rise of superstar companies that dominate their industries may be partly to blame for the lack of wage growth in the US in recent years. It could also suggest a solution.
Are there enough jobs for the class of 2016?
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The economy added fewer jobs than expected in May, suggesting a Fed rate hike this month is off the table. What else did we learn from the report?