Government, Business

Job Openings Hit 10.1 Million

WASHINGTON — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation.

Paul Wiseman | Associated Press
May 31, 2023
Business

Economic Growth for Last Quarter Is Revised Up to 1.3%

WASHINGTON — The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said.

Paul Wiseman | Associated Press
May 25, 2023
Government, Business

Employers Add 253,000 Jobs in April

WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.

Paul Wiseman | Associated Press
May 5, 2023
Government, Business

Economy Grew at Weak 1.1% Rate in Q1

The U.S. economy slowed sharply from January to March, decelerating to a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.

Paul Wiseman | Associated Press
April 27, 2023
Government, Business

Wholesale Inflation Pressures Eased Sharply in March

WASHINGTON — Wholesale prices fell in March, a sign that inflationary pressures in the economy are easing a year after the Federal Reserve began aggressively raising interest rates.

Paul Wiseman | Associated Press
April 13, 2023
Government, Business

US Adds a Healthy 236,000 Jobs in March

America’s employers added 236,000 jobs in March — 5,700 of them in trucking — suggesting that the economy remains on solid footing despite interest rate hikes designed to tame inflation.

Paul Wiseman | Associated Press
April 7, 2023

Key Inflation Gauge Slowed in February

WASHINGTON — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s effort to cool price pressures through higher interest rates.

Paul Wiseman | Associated Press
March 31, 2023
Government, Business

US Revises Down Last Quarter’s Economic Growth to 2.6% Rate

WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace. 

Paul Wiseman | Associated Press
March 30, 2023
Government, Business

Key Inflation Measure Surges Most Since June

WASHINGTON — The Federal Reserve’s preferred inflation gauge rose in January at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy.

Paul Wiseman | Associated Press
February 24, 2023
Government, Business

January Hiring Burst Stuns Economists as Market Adds 517,000 Jobs

The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.

Paul Wiseman | Associated Press
February 3, 2023