Employers Add 467,000 Jobs in January
WASHINGTON — U.S. employers added a burst of 467,000 jobs in January despite a wave of omicron infections that sickened millions of workers, kept many consumers at home and left businesses from restaurants to manufacturers short-staffed.
Fed to Accelerate Withdrawal of Economic Aid as Prices Surge
WASHINGTON — Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest rate policies with inflation accelerating and unemployment falling faster than expected.
Businesses Advertise Near-Record 11 Million Open Jobs
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Employers Added a Sluggish 210,000 Jobs in November
WASHINGTON — America’s employers slowed the pace of their hiring in November, adding 210,000 jobs, the fewest in nearly a year.
Hiring Rebounded in October, With 531,000 Jobs Added
WASHINGTON — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown.
Wages Jump by the Most on Records Dating Back 20 Years
WASHINGTON — Wages and salaries jumped in the three months ending in September by the most on records that date back 20 years as companies are forced to offer higher pay to fill a near-record number of available jobs.
Unemployment Claims Fall to Lowest Level Since Pandemic
WASHINGTON — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.
Employers Add a Weak 194,000 Jobs as Delta Maintains Hold
WASHINGTON — U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy with many companies struggling to fill millions of open jobs.
Yellen Warns Delay in Raising Debt Limit Will Slow Economy
WASHINGTON — Treasury Secretary Janet Yellen sounded an urgent call Sept. 28 for Congress to raise the government’s borrowing limit, a day after Senate Republicans blocked consideration of a bill that would have done so.
Fed Likely to Signal a Coming Pullback in Economic Support
WASHINGTON — The Federal Reserve is expected this week to send its clearest signal yet that it will start reining in its ultra-low-interest rate policies later this year, a first step toward unwinding the extraordinary support it has given the economy since the pandemic struck 18 months ago.