T he US economy underperformed expectations as it added only 175,000 nonfarm payroll jobs in the month of April as the ...
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.
WASHINGTON (Reuters) - U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity ...
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
The possibility that the U.S. economy could enter a period of stagflation came into focus Thursday as the quarterly GDP ...
The Employment Cost Index (ECI), the broadest measure of labor costs, increased 1.2% last ... closer to the Fed's 2% target. Though job growth accelerated in the first quarter, surveys including ...
US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed Friday, ...
The reduction came after significant cost-cutting ... demand in the US economy and its impact on the interest rates. The Labor Department’s report is expected to show US job growth probably ...
Yet the moderation in the pace of hiring, along with a slowdown last month in wage growth, will likely be welcomed ... over time, reduce the cost of mortgages, auto loans and other consumer ...
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains ...
concede that “slowdown in electrification” along with persistent labor and material cost headwinds encouraged the company to take a more conservative outlook towards 2024. The company’s ...