U.S. hiring slowed in March as the once rock-solid labor market began to soften in the face of high interest rates and stubborn inflation. Employers added 239,000 jobs in March, the Labor ...
The US central bank has pushed interest rates to more than 4.75%, from near zero last March, moving aggressively to try to slow the ... low borrowing costs had fuelled growth - have been growing ...
Hours worked rose 3%. U.S. real gross domestic product expanded at a 1.1% annual rate, down sharply from 2.6% growth in the fourth quarter. Unit-labor costs, a key measure of wages ...
In reality, what the Fed is trying to do is slow business growth ... are three things driving the labor shortage, he said.
But retail sales declined in February and March, while wage gains are slowing and most of the boost to income from social benefits has faded, setting up consumer spending on a slow growth path in ...
This report draws on ADP’s anonymized and aggregated payroll data of over 25 million US employees ... in pay growth gives the clearest signal of what’s going on in the labor market right ...
WASHINGTON — The annual increase in US consumer prices ... with the report from the Labor Department on Wednesday showing monthly consumer prices rising solidly because of sticky rents as well as ...
“Inflation remains stubborn, and along with the continued strength in the labor market ... called for 1.9% GDP growth and a 4% annualized gain in personal consumption. US stock futures remained ...
with the report from the Labor Department on Wednesday showing monthly consumer prices rising solidly because of sticky rents as well as rebounds in the costs of gasoline and used motor vehicles.
Economists expect rents to fall, based on new leases, but that shift has been slow to filter through to existing leases. Used car prices leaped 4.4% after as a flurry of wholesale cost increases ...
The US central bank has pushed interest rates to more than 4.75%, from near zero last March, moving aggressively to try to slow the ... low borrowing costs had fuelled growth - have been growing ...
