Tag: U.S. job market
U.S. added just 114K jobs in July, unemployment rate hits 4.3%
WASHINGTON (AP) – U.S. hiring decelerated sharply last month in the face of high interest rates as employers added an unexpectedly weak 114,000 jobs.
Friday's Labor...
U.S. added 150,000 jobs in October amid higher borrowing rates
WASHINGTON (AP) – The nation's employers scaled back their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the...
Why the U.S. job market has defied rising interest rates and...
WASHINGTON (AP) – Last year's spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure – much...
U.S. unemployment claims tick up to 245K, but still low
WASHINGTON (AP) – The number of Americans applying for unemployment benefits rose last week but remains low by historic standards.
U.S. jobless claims rose by...
Feb job openings slip to 9.9M; a win in inflation fight?
WASHINGTON (AP) – U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may...
Retail sales jump as Americans defy inflation and rate hikes
WASHINGTON (AP) – America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the...
U.S. filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive...
U.S. economy slowed but still grew at 2.9% rate last quarter
WASHINGTON (AP) – The U.S. economy expanded at a 2.9% annual pace from October through December, ending 2022 with momentum despite the pressure of...
Government revision shows economy shrank 0.6% last quarter
WASHINGTON (AP) – The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade...
U.S. job openings slid to 10.7 million in June
WASHINGTON (AP) – American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.
Job openings fell...