In his most recent press conference, Federal Reserve Chair Jerome Powell characterized the labor market as "broadly stable." And in this week's lead-up to the January jobs report, the incoming ...
The Labor Department has released its first jobs report of the year, covering January 2025. It shows that payrolls grew by 143,000 — somewhat lower than economists’ expectations of 175,000.
But some on Wall Street think the labor market, not inflation, is the place to look for better clues on what could push the Fed to cut rates later this year. Just look at what happened in ...
While the tight labour market is not a new trend, the BOJ's more vocal concerns about the resulting wage and inflationary pressures mean it will be more inclined to look past economic weakness as ...
Employers around the U.S. added 143,000 jobs in January, as the labor market showed signs of cooling at the start of 2025. Hiring was weaker than expected by economists, who had forecast that the ...
The number of jobs added came in below expectations, but the unemployment rate fell and earnings rose by more than expected in a sign of ongoing labour market strength January’s payrolls report ...
Responding to its flash UK composite purchasing managers’ index last week, Chris Williamson, chief business economist at S&P Global Market Intelligence, said: “The first indicators of business ...
in the latest sign of how automation and the increasing use of artificial intelligence are having a negative impact on the tech labor market. The number of unemployed IT workers rose from ...
a picture "consistent with a healthy labor market that is neither weakening nor showing signs of overheating," Federal Reserve Governor Adriana Kugler said in Miami, Florida. At the same time ...
Monthly change in jobs +800 ,000 +600 ,000 +400 Can a labor market be hot and cool at the same time? That’s the picture painted by the latest federal hiring figures, which show a step down in ...
Lydia Boussour, senior economist at EY-Parthenon, said in commentary issued Friday that the United States has a “frozen, but robust labor market” that’s expected to see “job growth to slow ...
Federal Reserve officials have been saying for a few months that the labor market is not adding to inflation pressures. This continued after the big gain in wages seen in the February jobs data.