Economists are trying to gauge whether forecasts of a slowing labor market were mistaken or just premature. For now, gains are consistent and strong.
Category: Labor and Jobs
Fed Chair Powell Still Expects to Cut Rates This Year, but Not Yet
Jerome H. Powell, chair of the Federal Reserve, said policymakers still expect to lower rates in 2024 — but the timing hinges on data.
How 33-Year-Olds, the Peak Millennials, Are Shaping the U.S. Economy
Meet the 1990 and 1991 babies, a massive microgeneration in lifelong competition for America’s economic resources, reshaping the world around them.
After Gains at Big Three, U.A.W. Aims at Nonunion Plants
A looming union election at a Volkswagen plant in Chattanooga could determine the trajectory of union organizing at more than a dozen auto factories.
Migrants Help the Economy, but There Are Many Roadblocks to Work
Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.
Can a Tech Giant Be Woke?
Microsoft, once again a juggernaut thanks to artificial intelligence, wants to be seen as an ethical employer. Is there a catch?
Can America Turn a Productivity Boomlet Into a Boom?
After drooping in 2022, the output of U.S. businesses per worker has surged. Economists wonder if the trend can continue, and who will benefit most.
This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
A City Built on Steel Tries to Reverse Its Decline
Gary, Ind., home of U.S. Steel’s largest mill, is seeking a fresh economic start under a new mayor determined to draw new businesses and residents.
Job Market Starts 2024 With a Bang
U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.