US Consumer Prices Accelerated in August
U.S. consumer prices jumped by the most in more than a year in August, mostly riding higher on an increase in gasoline prices, the government said Wednesday. However, analysts…
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Unemployment
Why youth unemployment is surging in China
China is facing a growing list of problems — real estate, semiconductor bans and labor market gyrations.The world's second-most populous country also has a major youth unemployment…
Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000
The U.S. added more jobs than expected in August, a sign of resilience for a labor market under pressure from Federal Reserve interest rate hikes.Nonfarm payrolls grew by a…
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Don't count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner.Kroszner, who's now a University of Chicago economics professor,…
Black unemployment rate ticks lower in July as jobs market remains tight
Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea's research and development facility at the Port of Los Angeles, in the San Pedro…
The U.S. economy added 187,000 jobs in July, fewer than expected
A 'Now Hiring' sign posted outside of a restaurant looking to hire workers on May 05, 2023 in Miami, Florida.Joe Raedle | Getty ImagesJob growth in July was less than expected,…
Here’s everything you need to look for in Friday’s July jobs report
Miami Beach, Florida, Normandy Isle, 7ty One Venezuelan restaurant, interior with customers dining and wait staff cleaning up. Jeff Greenberg | Universal Images Group | Getty…
Job openings, layoffs declined in June in a positive sign for the labor market
Job vacancies and layoffs edged lower in June, according to a Labor Department report Tuesday that points to a stable labor market.Employment openings totaled 9.58 million for the…
The unemployment rate among Black workers increased in June for the second month in a row
Filadendron | E+ | Getty ImagesThe overall U.S. unemployment rate declined in June, but a negative trend among Black workers may be emerging, according to the latest nonfarm…
Payrolls rose by 209,000 in June, less than expected, as jobs growth wobbles
Employment growth eased in June, taking some steam out of what had been a stunningly strong labor market.Nonfarm payrolls increased 209,000 in June and the unemployment rate was…