Even as the unemployment rate remains near a half-century low, desperate bond markets pounce on the current jobs report, ...
U.S. payroll growth slowed substantially in April as employers added 175,000 jobs amid high interest rates and stubborn inflation. The unemployment rate rose from 3.8% to 3.9%, the Labor Department ...
Inflation has declined to 23-month low of 17.3 percent in April this year, which is well below the government's expectations.Inflation measured through consumer price indicator (CPI) was recorded at ...
Goldman Sachs says inflation has been propped up by an overriding trend: Price increases for rent, car insurance, health care ...
Axios Visuals New data on Tuesday shows workers still see faster pay growth and pricier benefits than in pre-pandemic times, as the labor market continues to flourish. Why it matters: That is one huge ...
U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in ...