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What recession? Professional forecasters raise expectations for U.S. economy in 2024 

NEW YORK (AP) – This year looks to be a much better one for the U.S. economy than business economists were forecasting just a...

Retail sales rose 0.6% in December as a strong job market...

NEW YORK (AP) – Americans stepped up their spending even more than expected in December, closing out the holiday season and the year on...

U.S. producer prices slide 0.5% in October, biggest drop since 2020

WASHINGTON (AP) – U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease in the face of a year and a...

U.S. job openings rise unexpectedly in August

WASHINGTON (AP) – U.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong despite higher interest rates – perhaps...
Christopher ­­Decker

Fed policy may be paying off, but pain to come

The latest jobs report shows that the Federal Reserve’s policy on inflation appears to be working. That’s the good news. The bad news is...
IN THE OPEN: Hiring signs displayed at a grocery store in Arlington Heights, Ill., tout the pay rate. Employers are increasingly posting salary ranges for job openings, even in states where it’s not mandated by law. 
AP FILE PHOTO/NAM Y. HUH

Pay transparency grows; job-seekers reap benefits

U.S. employers are increasingly posting salary ranges for job openings, even in states where it’s not required by law, according to analysts with several...
JOB MARKET SHIFTS: The ratio of job openings to unemployed people stood at nearly 2 to 1 near the end of 2022, a big difference from the ratio two years earlier at the start of the COVID-19 pandemic. 
COURTESY STRATEGAS RESEARCH PARTNERS

Economist at PBN summit: Job market remains crucial question mark

Thomas Tzitzouris sees jobs as the big economic “wild card” in 2023. A labor market characterized by low unemployment can have a downside for businesses...
A HELP WANTED sign is displayed in a Northbrook, Ill., storefront. The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation. / AP PHOTO/NAM Y. HUH

Fewer Americans seek jobless benefits despite slowing economy

WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in...
A RECENT SURVEY conducted by global human resources firm Robert Half International Inc. found that 41% of respondents said they intended to look for a new job in the first half of 2022. / AP PHOTO/JENNY KANE

‘Great resignation’ to continue in 2022, and employers must respond

With staffing shortages pervasive across many industries, waves of workers are ready to jump to new jobs or even new careers in the new...
BLOUNT FINE FOODS CORP. CEO and President Todd Blount speaks with an employee at the company's Fall River facility. PBN FILE PHOTO/RUPERT WHITELEY

Clam cakes and chowder? Pulling out stops to attract workers

With the COVID-19 pandemic upending Rhode Island’s job market, employers are desperate to fill positions, utilizing creative tactics to draw new employees. Due to high...
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