The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.
Category: Labor Department (US)
U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
U.S. Employers Add 275,000 Jobs in Another Strong Month
Economists are trying to gauge whether forecasts of a slowing labor market were mistaken or just premature. For now, gains are consistent and strong.
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.
U.S. Job Growth Holds Up as Economy Gradually Cools
Interest rate increases have taken the edge off labor demand, but unemployment dipped in November, and wages rose more than expected.
U.S. Hiring Surges With January Gain of 517,000 Jobs
The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.
U.S. employers added 517,000 jobs in January.
The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
US Added 223,000 Jobs in December, a Slight Easing in Pace
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.