| 单词 | labor market |
| 例句 | Yet wages for people near the bottom of the labor market remain fairly flat, even “stagnant.” Nickel and Dimed: On (Not) Getting By in America 2001-01-01T00:00:00Z With men being absorbed into the military services, with women already in demand by eager employers, the labor market was as exhausted as the war workers themselves. Hidden Figures 2016-09-06T00:00:00Z A half an hour or so of Web research revealed an agreeably tight labor market, with entry-level jobs advertised at $8 an hour or more and studio apartments for $400 or less. Nickel and Dimed: On (Not) Getting By in America 2001-01-01T00:00:00Z Inditex owns factories in Spain and outsources production to factories in Portugal, Morocco and Turkey — considered costly labor markets, typically. How Zara Grew Into the World’s Largest Fashion Retailer 2012-11-09T19:30:40Z They’re entering a very unfriendly labor market that is particularly punishing to young workers. Class decides everything 2012-06-24T16:00:00Z It’s become a much more competitive labor market, and an employer can be incredibly choosy. Class decides everything 2012-06-24T16:00:00Z “You add up how many of these there are — hundreds — and suddenly we’re talking about a sizable portion of the labor market.” It’s the Economy: So You Think You Can Be a Hair Braider? 2012-06-12T19:07:04Z Kuttner’s sadly plausible argument is that the renewed global economic order based on free trade, competitive labor markets and the dollar standard is now pushing politics in a similar direction. How Rampant Globalization Brought Us Trump 2018-05-18T04:00:00Z There is already a sizable stack of research that examines the connections between physical characteristics and the labor market. Studying Links Between Anatomy and Crime 2010-05-10T21:46:00Z Now, everyone in the program was there to gain a leg up in a labor market predisposed to deny them opportunities that tend to come more easily to white kids. "Sorry to Bother You" speaks the hidden truths of "white voice" out loud 2018-07-19T04:00:00Z In his book, “Hebrew labor” is regarded not as a pioneer ideal, but as a means for Jews to displace Arab workers and control the labor market. Israel’s First Prime Minister Was Complicated. So Is This Book About His Life. 2019-09-25T04:00:00Z Instead of flooding the already-flooded low-wage labor market further, wouldn’t it be more efficient as well as more honest for the taxpayers to subsidize the lazy snobs in America’s elite directly? Dear Class of 2012, life isn’t easy 2012-06-26T20:49:00Z “Not all labor market migration is exploitative,” she wrote in a recent issue of The New Republic. Favoring Immigration if Not the Immigrant 2011-05-08T22:39:54Z With low profit margins leaving little room to do what most businesses do in tight labor markets — increase wages — restaurant owners are having to find other ways to attract and hold onto workers. A Worker Shortage Is Forcing Restaurants to Get Creative 2018-04-05T04:00:00Z And, of course, there’s the impact on the labor market. Artisanal pizza made by Bruno the robot, and other true tales of automated food 2016-10-31T04:00:00Z It added that riders' use of substitutes is a legitimate right of the self-employed workforce and rejected any comparison with other labor markets. How undocumented migrants find work as substitute couriers in the UK 2023-05-04T04:00:00Z The economist-premier has also pushed hard to reform Italy’s labor market as key to creating new jobs. FDA approves diet pill 2012-06-27T17:50:00Z But few of us will be successful professional athletes, and I believe the evidence still shows that most of us will be more successful in the labor market and business world with more education. Reader Comments: College Boosters 2012-12-08T00:37:50Z They are also more associated with the severe welfare cuts and labor market reforms of the previous SPD-led government, which alienated much of the party’s traditional base. Did slaves catch your seafood? 2012-05-21T14:26:00Z Compounding the shortage is the changing labor market. Desperately Seeking Lifeguards for Hamptons Pools 2021-05-29T04:00:00Z Mr. Price, for example, argues that crime can be viewed, at least partly, as an “alternative labor market.” Studying Links Between Anatomy and Crime 2010-05-10T21:46:00Z All the applicants were experienced; disability was the only differing factor, "indicating that higher qualifications do not erase the labor market disadvantages associated with disability." Should "Top Chef" contestant have disclosed that he had COVID and lost his sense of taste? 2022-05-01T04:00:00Z The pandemic has persisted, as have complex disruptions to the global supply chain and the U.S. labor market that have confused and irritated consumers. It’s been a tense year of infighting for Democrats. And this might be as good as it gets. 2021-11-11T05:00:00Z “Magic Mike” was about how, in a precarious labor market, a gig worker might wrest dignity and autonomy from conditions rife with exploitation. ‘Magic Mike’s Last Dance’ Review: Stripping Down to Bare Essentials 2023-02-08T05:00:00Z His assessment was designed to show how the imbalance of eligible black males – taking into account high incarceration rates and a limited labor market – affects the marriage market. Dark-skinned black girls don't get married 2019-04-08T04:00:00Z But in 90 minutes, Delaney's play gives us a broad satirical scamper through a labor market that's brutal for qualified folk — and murder on nice, inept misfits. '99 Layoffs' lays on a lot of laughs 2012-08-10T19:51:06Z To prevent the labor market from working to the benefit of low-wage workers, Yglesias calls for the government to deliberately intervene in the economy to keep wages for maids low, by expanding unskilled immigration. Dear Class of 2012, life isn’t easy 2012-06-26T20:49:00Z America’s labor market is undergoing a momentous shift. What gets declassified? 2012-05-31T21:09:00Z Using new census data through 2010, researchers determined that three out of five new workers in the metro Chicago labor market over the last decade were Latino. Study: Latinos trapped by 'blue-collar ceiling' 2011-12-15T06:01:00Z Mr. Mocan pointed out that we do not know why someone who is overweight, unattractive or short is at a disadvantage in the labor market or more likely to commit a crime. Studying Links Between Anatomy and Crime 2010-05-10T21:46:00Z Even if Susskind’s prediction is wrong — that machines will soon render many humans irrelevant in the labor market — his book provides a useful exercise in planning for a more unequal future. Soon a Robot Will Be Writing This Headline 2020-01-14T05:00:00Z In another recent study, researchers from the Institute for the Study of Labor in Bonn, Germany, examined how well immigrants to the United States in the early 1900s fared in the labor market. What your name says about how believable you are 2014-04-30T12:00:00Z Carby assembles a sprawling account of how imperialism––a web of social relations, labor markets, and trade networks—conditions private feeling. An Intimate History of the British Empire 2019-10-09T04:00:00Z As with many industries recovering from the economic effects of the pandemic, the labor market for household staff is tight. What to Do With a Multimillion-Dollar Megamansion? They Have Some Ideas. 2021-11-11T05:00:00Z These labor market rules that introduced short-term and part-time jobs have affected one generation of young people when it began, basically in the mid ’80s. Class decides everything 2012-06-24T16:00:00Z Austin, the sociologist, says all of this points to a key takeaway: “There are significant obstacles for blacks in the labor market – and it’s not at all a level playing field.” Can the black middle class survive? 2012-09-03T14:00:00Z But like many service-oriented organizations and businesses, it has also encountered an unusually competitive labor market that has made attracting job candidates more difficult. The Met Increases Its Pay to Guards to Address Covid-Related Shortages 2022-01-11T05:00:00Z A tight labor market and an explosion of new restaurants have made finding and keeping help ever more difficult across the country. A Worker Shortage Is Forcing Restaurants to Get Creative 2018-04-05T04:00:00Z The International Monetary Fund says the labor market reforms could boast Italian growth. FDA approves diet pill 2012-06-27T17:50:00Z "The results underline the importance of labor market disruptions and socioeconomic factors, such as precarious forms of labor, for food security and climate impact modeling," the study adds. Oxford study shows that "heat can lead to food insecurity in a matter of days" 2023-08-21T04:00:00Z This year, she postponed it until mid-April, hoping the labor market improves. Generation B: Time, It Turns Out, Isn?t on Their Side 2010-03-12T02:14:00Z Ms. Ehrenreich noticed those millions throughout a writing career in which she tackled a variety of themes: the myth of the American dream, the labor market, health care, poverty and women’s rights. Barbara Ehrenreich, Explorer of Prosperity’s Dark Side, Dies at 81 2022-09-02T04:00:00Z Amid the pandemic, a labor market structured by racism means that Black and Latino people working frontline jobs as nurses, grocery staff, cleaners and transit workers are disproportionately exposed to the coronavirus. ‘Long overdue’: lawmakers declare racism a public health emergency 2020-06-12T04:00:00Z But now there are signs that the white-hot labor market is cooling, with layoffs increasingly widespread and many experts predicting a recession. 6 Podcasts to Help Navigate Your Career Path 2023-01-24T05:00:00Z According to the report, the worsening labor market conditions resulting from the recession hit female workers age 50 and older much harder than any other age group of females or males. When women stop coloring their gray hair: “I felt naked. I felt scared. I felt excited. I felt... 2018-07-08T04:00:00Z Those whose families don't send them supplies scrape through on the unofficial labor market, cleaning up the facilities or doing work for wealthier inmates. Pussy Riot members face tough life in penal colony 2012-10-14T10:33:10Z Devah Pager, a Princeton sociologist, is on the forefront of research on the roughly 18 million blacks in the labor market. Can the black middle class survive? 2012-09-03T14:00:00Z Having traded in his trademark leather bomber for a blazer with jeans, Mr. Kaus expounded on Reaganism, economic determinism, labor markets and the new Tesla factory before remembering he needed to do a fund-raising pitch. Mickey Kaus Seeks to Correct the Flaws of Liberalism 2010-06-04T21:43:00Z Matthew Yglesias, economics and business correspondent for Slate magazine, thinks the danger is real, and he proposes a solution: flooding the low-wage labor market with even more unskilled immigrants. Dear Class of 2012, life isn’t easy 2012-06-26T20:49:00Z "Its subject matter touches on problems facing modern society - ethnic Chinese communities everywhere are dealing with skyrocketing property prices, tough labor markets, a breakdown in intergenerational communication." Johnnie To collaborator delivers HK thriller 2011-03-10T14:16:04Z The number of Americans filing new claims for unemployment benefits increased to a three-month high last week, suggesting that labor market conditions continued to ease. Oil prices hit 4-month low on concerns about U.S., Chinese economy 2023-11-16T05:00:00Z Indications of a cooling U.S. labor market weighed on Treasury yields. Risk rally stalls as bullish investors take breather 2023-11-16T05:00:00Z More Americans filed for jobless claims last week and while the labor market remains broadly healthy, there have are growing signs that it may finally be cooling. U.S. applications for jobless claims rise as labor market begins to show some signs of cooling 2023-11-16T05:00:00Z “The historically tight labor market of the past few years forced companies to be more transparent and accountable to their employees,” Terrazas said. The workplace is becoming more political as Gen Z comes of age 2023-11-16T05:00:00Z Subsiding inflation, together with easing labor market conditions and cooling consumer spending, have bolstered expectations that the Federal Reserve is done raising interest rates. US import prices post largest drop in seven months 2023-11-16T05:00:00Z Shoppers have remained resilient, propped up by a strong labor market and steady wages. Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors 2023-11-16T05:00:00Z The data, combined with a cooling labor market, led economists to conclude that the U.S. central bank's current rate hiking cycle was over. US economy cools as retail sales dip, monthly producer prices decline 2023-11-15T05:00:00Z The Federal Reserve has been tapping the brakes on the economy and the labor market for nearly two years, trying to stem what was the highest inflation in four decades. U.S. applications for jobless claims rise as labor market begins to show some signs of cooling 2023-11-16T05:00:00Z “Looking ahead to 2024, we expect a modest uptick in growth as inflation eases further and the labor market remains resilient.” European Commission lowers growth outlook and says economy has lost momentum during a difficult year 2023-11-15T05:00:00Z "With data on economic activity and labor markets still carrying a fair bit of momentum, we think there remains a case for an additional rate hike early next year." BofA joins 'Fed done hiking rates' view; Barclays sees one more 2023-11-15T05:00:00Z "This is what the Fed was looking for, slowing inflation, slowing labor market and the economy's holding up at the same time." Wall St rallies as cooling inflation boosts peak interest rate bets 2023-11-14T05:00:00Z Group affiliate accused of unlawfully restricting employee mobility, marking a new setback in the government's push to apply criminal antitrust laws to labor markets. US drops antitrust case over healthcare hiring agreements 2023-11-14T05:00:00Z Matthew Miskin, co-chief investment strategist at John Hancock Investment Management in Boston, said the Fed will likely be in a holding pattern, with inflation moderating and a weakening labor market. Dollar weakens after data shows U.S. inflation moderating 2023-11-14T05:00:00Z “I think 5% is an important psychological level that brings in buyers, and we could drift through that in response to perky inflation or strong labor market data,” said Thomas Simons, senior economist at Jefferies. U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll 2023-11-14T05:00:00Z IF Metall said Tesla Sweden has “refused to sign a collective agreement and violates basic principles in the Swedish labor market.” Tesla faces strikes in Sweden unless it signs a collective bargaining agreement 2023-11-10T05:00:00Z Instead, slowing inflation and a resilient labor market have bolstered consumers’ confidence to spend. U.K. Economy Stagnates as High Interest Rates Take Toll 2023-11-10T05:00:00Z A sharper cooling could fan the peak rate talk, fuelled by October's employment report, which pointed to an easing in labor markets. Take Five: That rate cut trade 2023-11-10T05:00:00Z Meanwhile, a Labor Department report showed jobless claims edged lower last week to 217,000, indicating layoffs have yet to accelerate despite signs of a cooling labor market. S&P 500, Nasdaq snap winning streaks after Powell, Treasury auction 2023-11-10T05:00:00Z Still, the American labor market continues to show resiliency in the midst of the Federal Reserve’s campaign to get inflation back down to its 2% target. US applications for jobless benefits inch down, remain at historically healthy levels 2023-11-09T05:00:00Z Signs of a weakening labor market and a tempering of the Fed's hawkish stance at its last meeting have pulled U.S. Futures mixed as markets await more policy cues 2023-11-09T05:00:00Z Bernstein said the Biden administration had taken a series of steps to ease prices while maintaining a strong labor market. White House's Bernstein upbeat on economy despite Mideast war, shutdown threat 2023-11-08T05:00:00Z The labor market, while it has cooled somewhat, is still "too tight," she said. Fed's Logan: watching if financial conditions tight enough 2023-11-07T05:00:00Z A benign U.S. payrolls report on Friday and upbeat productivity numbers suggested the American labor market was cooling enough for the Federal Reserve to halt the need for further rate increases. Bonds, stocks take breather after last week's rally 2023-11-06T05:00:00Z Part of the Fed’s goal is too cool the economy and labor market, which officials say should slow price growth. US applications for jobless benefits inch down, remain at historically healthy levels 2023-11-09T05:00:00Z “In all, October’s numbers paint a well-rounded jobs picture. And while the labor market has slowed, it’s still enough to support strong consumer spending.” WA workers fall behind as raises shrink in state 2023-11-06T05:00:00Z But their effect on economic expectations is being amplified more than usual and overshadowing good events such as the rapid labor market recovery. Americans like sharing bad economic news way too much 2023-11-05T04:00:00Z The data also showed the increase in annual wages was the smallest in nearly 2-1/2 years, pointing to an easing in labor market conditions. Stocks jump, dollar and yields drop after US jobs market softens 2023-11-03T04:00:00Z "Eventually 'good' moderation may turn into a debate of whether the economy and labor markets are weakening too much," he said. Wall St Week Ahead Stock investors see green light in falling Treasury yields 2023-11-03T04:00:00Z Slightly fewer Americans applied for jobless claims last week, further indicating that the labor market remains strong in an era of high interest rates. US applications for jobless benefits inch down, remain at historically healthy levels 2023-11-09T05:00:00Z He spoke hours after a Labor Department report showed U.S. employers have slowed hiring and tempered wage increases, both signs the labor market is cooling. Fed's Kashkari: a lot of uncertainty about what is driving yield curve 2023-11-03T04:00:00Z “The Committee’s assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.” Americans like sharing bad economic news way too much 2023-11-05T04:00:00Z Stocks and bonds rallied on Friday, extending a sharp reversal after fresh data about the health of the U.S. labor market capped a tumultuous week for investors. Huge Reversal in Bonds and Rally in Stocks Cap Wild Week for Markets 2023-11-03T04:00:00Z "The hiring figures will ultimately be somewhat depressed by strike activity, though the labor market is still likely to remain quite tight," said Sam Bullard, a senior economist at Wells Fargo in Charlotte, North Carolina. US job growth probably slowed in October due to UAW strike 2023-11-03T04:00:00Z A tight labor market is considered a key factor in the outlook for interest rates. Stocks jump, dollar falls; investors bet Fed may be done hiking rates 2023-11-02T04:00:00Z The main data point of the week will be the October non-farm payrolls report on Friday, which will offer more clarity on the state of the labor market. Wall St rallies over 1% on bets of peak US interest rates 2023-11-02T04:00:00Z And there was a mixed picture on the extent of loosening in the labor market on Wednesday. Morning Bid: Markets fly on Fed and funding 2023-11-02T04:00:00Z Though markets think the Fed's rate-hiking campaign may be finished, data pointing to a stronger-than-expected economy and labor market have kept the prospect of another hike on the table. Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign 2023-11-01T04:00:00Z "Quitting activity has normalized to pre-pandemic levels consistent with a tight labor market but companies remain extremely reluctant to fire workers," said Conrad DeQuadros, senior economic advisor at Brean Capital in New York. US job openings stay elevated, layoffs hit nine-month low 2023-11-01T04:00:00Z Investors are still girding themselves for the Fed’s decision on interest rates later on Wednesday, as well as important data on the labor market to be released Friday. Why Wall Street Is So Worried About ‘Refunding’ 2023-11-01T04:00:00Z The labor market remains strong despite 525 basis points worth of interest rate hikes from the Federal Reserve since March 2022. US private payrolls miss expectations in October - ADP 2023-11-01T04:00:00Z "We need to better align immigration programs systems and services with Canada's labor market," Miller told reporters. Canada's new immigration plan to factor in need to bolster housing and services 2023-10-31T04:00:00Z "It is still likely ... we will need to see some slower growth and some softening in the labor market ... to fully restore price stability," Powell said. Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign 2023-11-01T04:00:00Z "The market has taken rate hikes down off the table for this year, but for how long if the labor market remains tight." US job openings stay elevated, layoffs hit nine-month low 2023-11-01T04:00:00Z Growth in annual compensation is gradually slowing after peaking at 5.1% last year, in line with some easing in labor market conditions. Wages boost US labor costs, house price inflation picks up 2023-10-31T04:00:00Z A survey from the Conference Board on Tuesday showed consumers' views of the labor market upbeat in October. US private payrolls miss expectations in October - ADP 2023-11-01T04:00:00Z The tightest U.S. labor market in decades is also giving workers leverage to challenge their employers. Autoworkers are the latest to spotlight the power of US labor. What is the state of unions today? 2023-10-31T04:00:00Z Along with earnings, a slew of labor market data throughout the week will also be in focus, culminating in Friday's non-farm payrolls report, for further clues on the strength of the U.S. economy. Wall St falls as investors assess more data, earnings; Fed meet in focus 2023-10-31T04:00:00Z A measure of pay and benefits that officials at the Federal Reserve have been watching closely as they try to gauge the heat of the labor market grew at a moderate pace over the summer. A Key Measure of Wages Grew at a Moderate Pace This Summer 2023-10-31T04:00:00Z The ECI is widely viewed by policymakers and economists as one of the better measures of labor market slack and a predictor of core inflation because it adjusts for composition and job-quality changes. Wages boost US labor costs, house price inflation picks up 2023-10-31T04:00:00Z The order also calls for the development of "best practices" to address harms that AI may cause workers, including job displacement, and requires a report on labor market impacts. White House unveils wide-ranging action to mitigate AI risks 2023-10-30T04:00:00Z Despite the Federal Reserve’s effort to tame inflation and cool the economy by raising interest rates, the labor market has held strong. This Week in Business: Consumer confidence, Apple earnings, October jobs report 2023-10-30T04:00:00Z It orders the Department of Labor and the National Economic Council to study A.I.’s effect on the labor market and to come up with potential regulations. Biden to Issue First Regulations on Artificial Intelligence Systems 2023-10-30T04:00:00Z "The story of the year so far has been that economic reacceleration has not prevented further labor market rebalancing and progress in the inflation fight," they added. Asia stocks mull over Middle East, central bank meetings 2023-10-30T04:00:00Z The Conference Board's so-called labor market differential, derived from data on respondents' views on whether jobs are plentiful or hard to get, rose to 26.3 from 25.5 in September. Wages boost US labor costs, house price inflation picks up 2023-10-31T04:00:00Z Up to 1 million Africans enter the labor market every month, but fewer than 1 in 4 get a formal job, the World Bank says. The world is becoming more African 2023-10-28T04:00:00Z But not every economist sees rising credit card balances as a threat, arguing that consumers are still able to meet their debt obligations, thanks to a strong labor market. US consumer spending exits third quarter on strong note; monthly core inflation rises 2023-10-27T04:00:00Z The U.S. economy grew at its fastest pace in nearly two years in the third quarter, data on Thursday showed, as higher wages from a tight labor market helped to power consumer spending. Dollar eyes weekly gain as US economy stays robust; yen struggles ahead of BOJ 2023-10-27T04:00:00Z The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending, data on Thursday showed. Dollar eyes weekly gain as US economy stays robust 2023-10-27T04:00:00Z The U.S. economy grew faster than expected in the third quarter, buoyed by robust consumer spending amid a resilient labor market and again defying dire warnings of a recession. Stocks, Treasury yields retreat amid mixed earnings, economic data 2023-10-26T04:00:00Z GDP grew at the fastest pace in nearly two years, defying warnings of a recession as higher wages in a tight labor market fueled consumer spending and business inventory restocking. Yellen says US GDP is a 'good strong number', may keep bond yields higher 2023-10-26T04:00:00Z A tight labor market in the United States has driven up wages. Southwest Airlines sees no letup in cost pressures, orders additional Boeing jets 2023-10-26T04:00:00Z But recently it has gotten harder to get a clear picture of Britain’s economy, particularly the labor market. What Is Going On in Britain’s Economy? The Picture Is Foggy. 2023-10-26T04:00:00Z A strong labor market has supported consumer spending. US third-quarter economic growth seen fastest in nearly 2 years 2023-10-26T04:00:00Z Women aged 45-54 are a growing segment of the U.S. labor market, and their ability to work may be affected by symptoms like sleep disturbances and hot flashes during this period. Microsoft is offering menopause benefits to keep women in workforce 2023-10-25T04:00:00Z The hotel industry, which has largely evaded the effects of elevated levels of inflation so far, continues to struggle with high wage costs in a tight labor market. Hilton raises annual profit outlook on strong travel demand 2023-10-25T04:00:00Z And before long, the labor market had healed and wages were growing rapidly. New Normal or No Normal? How Economists Got It Wrong for 3 Years. 2023-10-24T04:00:00Z A tight U.S. labor market, the expiry of multiple union contracts and high living costs have led to tough negotiations for pay hikes and benefits, triggering strikes and protests across industries. UAW reaches tentative deal with General Dynamics, preventing strike 2023-10-23T04:00:00Z Others are not too concerned, noting the labor market continues to churn out jobs at a solid clip. US third-quarter economic growth seen fastest in nearly 2 years 2023-10-26T04:00:00Z Massa would stick with the peso and try to bolster the labor market and growth. Explainer: Argentina presidential election: Key takeaways from first-round vote 2023-10-23T04:00:00Z Amazon, however, is expected to be shielded by strong retail sales, thanks to a strong labor market. Strong ad sales, stable enterprise spending wind beneath Big Tech earnings 2023-10-23T04:00:00Z Ten-year yields were around 4.97%, having briefly popped above 5% last week after Federal Reserve Chair Jerome Powell said the U.S. economy's strength and tight labor markets might warrant tighter financial conditions. Frail yen grazes 150 again as anxiety mounts over Middle East 2023-10-23T04:00:00Z Ten-year yields had briefly blipped above 5% last week after Federal Reserve Chair Jerome Powell said the U.S. economy's strength and tight labor markets might warrant tighter financial conditions. Yen loiters around 150 as Middle East anxiety heightens 2023-10-23T04:00:00Z He said the U.S. economy's strength and tight labor markets could require tougher borrowing conditions to control inflation. Wall St ends sharply lower with tech, financials; Mideast fears increase 2023-10-20T04:00:00Z Nonetheless, she rapidly ticks off some of the threats: privacy issues, upheavals in the labor market, systemic bias, a lack of government oversight, and the undermining of democracy by AI-generated misinformation and disinformation. Why this AI pioneer is calling for 'human centered' computing 2023-10-20T04:00:00Z Speaking at the Economic Club of New York on Thursday, Powell said the U.S. economy's strength and continued tight labor markets could require tougher borrowing conditions to control inflation. Futures fall as Treasury yields hover near multi-year highs 2023-10-20T04:00:00Z Powell said on Thursday U.S. economy's strength and continued tight labor markets could require still tougher borrowing conditions to control inflation. Futures inch lower as Treasury yields surge, earnings in focus 2023-10-20T04:00:00Z The labor market is showing strength even though the central bank has raised its benchmark overnight interest rate by 525 basis points since March 2022. Wall St drops as Treasury yields surge, Powell speaks 2023-10-19T04:00:00Z But the catalyst for Thursday's volatility was remarks by Federal Reserve Chair Jerome Powell, who said signs of above-trend growth or a too-strong labor market could warrant more monetary tightening. Morning Bid: Five alive: US yield curve nears historic level 2023-10-19T04:00:00Z Data this week has pointed to strong consumer demand and a tight labor market. Wall St ends down as Treasury yields surge, Powell speaks 2023-10-19T04:00:00Z Federal Reserve Chairman Jerome Powell said that additional interest rate hikes could be warranted in view of economic resiliency and labor market tightness. Wall St ends lower on Powell remarks as benchmark Treasury yields near 5% 2023-10-19T04:00:00Z "That is where our policy can contribute to better labor market outcomes for those typically on the margins of the economy and the short end of wealth inequality." Fed's Bostic: Lowering inflation still main US central bank mission 2023-10-19T04:00:00Z “Additional evidence of persistently above-trend growth, or that tightness in the labor market is no longer easing,” Powell said, “could put further progress on inflation at risk and could warrant further tightening of monetary policy.” Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation 2023-10-19T04:00:00Z There is evidence the labor market is cooling, Powell said, with some important measures approaching levels seen even before the pandemic. Fed's Powell: Strong economy may still require rate increases 2023-10-19T04:00:00Z It is appointing a senior official at the Federal Labor Agency, Daniel Terzenbach, to oversee the effort as a “special envoy” for integrating refugees into the labor market. German government launches a drive to get more Ukrainian and other refugees into jobs 2023-10-18T04:00:00Z Unions across a range of industries in the U.S. such as rail, healthcare have bargained for higher wages and benefits in a tight labor market and a high inflationary environment. Thousands of Detroit casino workers threaten to go on strike on Tuesday 2023-10-16T04:00:00Z “Firms reported a widespread easing in the intensity of labor shortages compared with the very tight labor market at this time last year,” the survey said. Canadians firms see inflation easing, sluggish demand - central bank survey 2023-10-16T04:00:00Z Data on Friday showed U.S. consumer sentiment deteriorated in October, with households expecting higher inflation over the next year, but labor market strength was likely to continue supporting consumer spending. Dollar up after inflation data boost 2023-10-13T04:00:00Z For inflation to durably return to the Fed's 2% target, it "is likely to require a period of below-trend growth and some further softening in labor market conditions," Powell said. Fed's Powell: Strong economy may still require rate increases 2023-10-19T04:00:00Z So far there has not been a strong correlation between sentiment and consumer spending, which continues to be driven by higher wages from a tight labor market. US consumer sentiment sours; dollar aiding inflation fight 2023-10-13T04:00:00Z Unions across the United States have grown bolder in their demands in the last two years, pressing for higher wages and better benefits in a tighter post-pandemic labor market. Kaiser Permanente, workers union reach tentative agreement 2023-10-13T04:00:00Z With the labor market still tight, however, reaching the Fed's 2% inflation target could be a long slog, making it likely that the U.S. central bank could keep rates elevated for longer. Surging rents lift US consumer prices; underlying inflation grinding lower 2023-10-12T04:00:00Z But still-strong demand in the economy, marked by labor market tightness, suggest borrowing costs could remain elevated for some time. US consumer prices rise on gasoline and shelter costs in September 2023-10-12T04:00:00Z Focus will also be on weekly jobless claims for clues on the state of the labor market. Futures rise as Treasury yields retreat ahead of inflation data 2023-10-12T04:00:00Z "Typically you had to work at that company your entire career. That may have characterized the labor market of 50 years ago ... it doesn’t really characterize the labor market today." The UAW's 'record contract' hinges on pensions, battery plants 2023-10-11T04:00:00Z "I would say now the risks of how we balance those things are roughly balanced -- over-tightening versus under-tightening -- but we still have high inflation and the labor market's still strong," she said. Fed's Daly: Risks of doing too much vs too little 'roughly balanced' 2023-10-10T04:00:00Z Still-strong demand in the economy, marked by labor market tightness, which is driving core services inflation excluding rents, imply that the higher rates could last for some time. Surging rents lift US consumer prices; underlying inflation grinding lower 2023-10-12T04:00:00Z The labor market's resilience is driving core services inflation excluding rents. US consumer prices rise on gasoline and shelter costs in September 2023-10-12T04:00:00Z Unions have increasingly resorted to strikes across sectors from airlines to automakers, buoyed by a tight labor market and positive public opinion in the U.S., even though union membership has fallen. GM, Canadian union reach tentative agreement, ending strike 2023-10-10T04:00:00Z The New York Fed also noted in its report that “labor market expectations were mixed with unemployment expectations deteriorating and perceived job loss risk improving,” while respondents reported projecting small income and earnings gains. NY Fed finds mixed bag for consumer's expected inflation path in September 2023-10-10T04:00:00Z Unions have been increasingly resorting to strikes across sectors from airlines to automakers, buoyed by a tight labor market and positive public opinion in the U.S., even though union membership has fallen. GM faces two strikes after workers in Canada walkout 2023-10-10T04:00:00Z For parts of history, systematic labor market records did not exist, and, if they did, information about women was missing. Nobel economics prize goes to professor for advancing the understanding of the workplace gender gap 2023-10-09T04:00:00Z The report pointing to persistent labor market strength that gives the Federal Reserve license to keep interest rates higher for longer even though wage growth is slowing too. Morning Bid: Oil up but restrained on Mideast jolt 2023-10-09T04:00:00Z While the food industry has picked up in payrolls, leisure and hospitality overall has struggled to regain pre-pandemic levels of employment in a tight labor market. US restaurant employment recovers to pre-pandemic levels 2023-10-06T04:00:00Z Eighteen months after the Federal Reserve started raising interest rates, the labor market is only gradually easing. Moderate US job growth slowdown expected in September 2023-10-06T04:00:00Z The sustained strength of the labor market makes it likelier that the Federal Reserve will raise its key rate again before year’s end as it continues its drive to tame inflation. U.S. employers added surprisingly strong 336,000 jobs in September in sign of economic resilience 2023-10-06T04:00:00Z Canada's labor market, supported by strong immigration, has been resilient even as the Bank of Canada raised its key overnight rate to a 22-year high of 5% to cool the economy. Canada jobs, wage gains blow away expectations, up chances for rate hike 2023-10-06T04:00:00Z “Even as the Fed has taken aggressive action to soften labor market conditions, businesses continue to hold on to workers,” said Rubeela Farooqi, chief U.S. economist at High Frequency Economics. Stock market today: Asian benchmarks mostly rise in subdued trading on US jobs worries 2023-10-06T04:00:00Z However, the unionization effort was scuttled by a board ruling that differing labor rules for public and private schools would unsettle the labor market in the Big Ten Conference, which includes both. Dartmouth tells NLRB that basketball players are students – for real – not employees 2023-10-05T04:00:00Z "If we see another number in excess of 100,000 jobs a month, that's another sign that the labor market is moderating, but continues to have a lot of strength and resilience." Moderate US job growth slowdown expected in September 2023-10-06T04:00:00Z U.S. data on initial claims for state unemployment benefits pointed to still-resilient labor market conditions, a day after a report showing U.S. private payrolls increased less than expected in September. Indexes little changed as investors await Friday's payrolls 2023-10-05T04:00:00Z An Institute for Supply Management survey on Wednesday found that services businesses still viewed the labor market as "very competitive," with some employers reporting difficulties backfilling positions. Low weekly jobless claims, shrinking trade deficit boost US economic picture 2023-10-05T04:00:00Z Slightly more Americans applied for jobless claims last week, but layoffs remain low and the labor market continues to show resiliency amid elevated interest rates imposed by the Federal Reserve. US applications for jobless benefits inch up but layoffs remain historically low 2023-10-05T04:00:00Z The tight U.S. labor market and inflation have led to contentious contract negotiations and strikes over pay and benefits for workers in numerous fields this year, including the automobile, rail, airline and entertainment industries. Healthcare workers launch three-day strike at Kaiser Permanente locales around the US 2023-10-04T04:00:00Z The labor market is gradually easing as it adjusts to 525 basis points worth of interest rate increases from the Federal Reserve since March 2022. US private payrolls gains smallest in more than 2-1/2 years, ADP report shows 2023-10-04T04:00:00Z Data showed U.S. job openings unexpectedly increased in August, fueling worries about a tight labor market ahead of Friday's key U.S. monthly jobs report. Indexes fall at least 1% as data adds to rate worries 2023-10-03T04:00:00Z Though conditions remain tight, the labor market is gradually cooling. Low weekly jobless claims, shrinking trade deficit boost US economic picture 2023-10-05T04:00:00Z But the labor market has held up better than expected. US applications for jobless benefits inch up but layoffs remain historically low 2023-10-05T04:00:00Z Tight labor market conditions combined with rising oil prices and expanding Treasury supply to boost bond yields. US job openings post largest increase in two years; quits rate unchanged 2023-10-03T04:00:00Z A survey from the Conference Board last week showed consumers' views of the labor market had improved in September. US private payrolls gains smallest in more than 2-1/2 years, ADP report shows 2023-10-04T04:00:00Z Nevertheless, the labor market continues to steadily move towards an environment where demand is in balance with supply. US job openings jump in August; quits rate unchanged 2023-10-03T04:00:00Z The rate of people quitting their jobs, a measure of workers’ confidence in the labor market, was unchanged at 2.3 percent. Job Openings Rose in August 2023-10-03T04:00:00Z “Almost one-tenth of the region’s workers are employed in pollution-intensive jobs,” many of which are concentrated among informal and lower-skilled workers who are more vulnerable to changes in the labor market, the World Bank said. South Asia is expected to grow by nearly 6% this year, making it the world’s fastest-growing region 2023-10-03T04:00:00Z "This suggests that workers are finding fewer opportunities at other firms, an early sign of cooling within the labor market," said Ben Ayers, senior economist at Nationwide in Columbus, Ohio. US job openings post largest increase in two years; quits rate unchanged 2023-10-03T04:00:00Z But Wormuth said it will take systemic changes in how the Army approaches the labor market and sells the service as a career to turn things around. Army launching a sweeping overhaul of its recruiting to reverse enlistment shortfalls 2023-10-03T04:00:00Z The quits rate, viewed as a measure of labor market confidence, was unchanged at 2.3%. US job openings jump in August; quits rate unchanged 2023-10-03T04:00:00Z He added that slowdowns in monthly job growth, wage growth and hours worked, along with businesses using fewer temporary workers, all point to a cooling of the labor market. Job Openings Rose in August 2023-10-03T04:00:00Z His baseline expectation, he said, is for GDP growth to moderate to below its potential, which most Fed officials estimate at 1.8%, and for the labor market to soften further. Fed's Barr says his focus is on how long to hold rates high 2023-10-02T04:00:00Z Nevertheless, the labor market continues to steadily move toward an environment where demand is in balance with supply. US job openings post largest increase in two years; quits rate unchanged 2023-10-03T04:00:00Z “We need to figure out how to talk to that much broader labor market.” Army launching a sweeping overhaul of its recruiting to reverse enlistment shortfalls 2023-10-03T04:00:00Z A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries. Kaiser Permanente workers say they are unlikely to reach deal to avert strike 2023-10-01T04:00:00Z And so far, the labor market and economy have managed to throttle back without a big jump in unemployment, indicators of a so-called soft landing. Job Openings Rose in August 2023-10-03T04:00:00Z At Harvard Kennedy School I took a class with Martha Chen, who specializes in how informal labor markets operate in any city. Grief has its own abstract language. Tomashi Jackson shows you how 2023-09-29T04:00:00Z The U.S. economy added 187,000 jobs in August, more than economists expected, in a sign of continued labor market strength. Explainer: Charting the Fed's data flow 2023-09-29T04:00:00Z She said that as more students go on to college, high school graduates now make up just 15% to 20% of the labor market. Army launching a sweeping overhaul of its recruiting to reverse enlistment shortfalls 2023-10-03T04:00:00Z “I will be watching the labor market closely for those signals.” Fed's Barkin says more data needed before making next monetary policy call 2023-09-28T04:00:00Z The U.S. economy maintained a fairly strong 2.1% pace of growth in the second quarter and appears to have gathered momentum this quarter with a resilient labor market driving strong wage gains. Oil eases 1%, reversing rally, on profit taking, interest rate worries 2023-09-28T04:00:00Z Inflation also remains elevated and tight labor market conditions continue to prevail, with the number of Americans filing new claims for unemployment benefits rising slightly last week, the reports showed on Thursday. US GDP growth unrevised at 2.1% in second quarter as economy shows resilience 2023-09-28T04:00:00Z Prior months' gains were revised lower, with June job growth showing just 105,000 positions added, while the unemployment rate rose to 3.8% from 3.5% as more people joined the labor market. Explainer: Charting the Fed's data flow 2023-09-29T04:00:00Z Separate readings showed initial jobless claims rose slightly last week - signaling tight labor market conditions - and a higher-than-expected fall in contracts to buy existing homes in August. Wall St climbs after investors digest slew of economic data 2023-09-28T04:00:00Z Focus in the U.S. session will be on the final reading of second-quarter GDP and weekly jobless claims data to gauge the strength of the U.S. labor market. Stocks flirt with longest losing run since 2011 as $100 oil looms 2023-09-28T04:00:00Z ET - to gauge the strength of the U.S. economy and the labor market. Futures decline as soaring oil prices deepen inflation woes 2023-09-28T04:00:00Z Beyond the anticipated temporary hits from the shutdown and auto strike, the labor market is expected to remain tight for some time. US GDP growth unrevised at 2.1% in second quarter as economy shows resilience 2023-09-28T04:00:00Z Levels around 1.2 were considered tight for the U.S. labor market before the pandemic. Explainer: Charting the Fed's data flow 2023-09-29T04:00:00Z Consumer spending remains underpinned by a tight labor market, which is keeping wage gains elevated. US consumer confidence slides to four-month low; home sales tumble 2023-09-26T04:00:00Z Fed officials say their decisions will be guided by data that so far is delivering mixed signals, with continued labor market tightness even as the housing market appears to be weakening. Why traders aren't buying the Fed's 'higher-for-longer' vision 2023-09-25T04:00:00Z Powell noted last week that fewer job openings and more workers mean the labor market has been brought into better balance. Why the US job market has defied rising interest rates and expectations of high unemployment 2023-09-25T04:00:00Z The labor market is stressed, housing is in short supply and traffic is growing. Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project 2023-09-23T04:00:00Z Her letter to the EU executive European Commission highlights the EU's inner conflict between those pursuing ever-tougher policies to stop illegal immigration and others who emphasize humanitarian considerations and labor market gaps. Germany's Baerbock joins chorus criticizing EU migration deal with Tunisia 2023-09-22T04:00:00Z The survey's so-called labor market differential, derived from data on respondents' views on whether jobs are plentiful or hard to get, widened to 27.3 this month compared to 26.7 in August. US consumer confidence slides to four-month low; home sales tumble 2023-09-26T04:00:00Z Earlier in the pandemic, when the labor market was tight and workers across industries were fighting for higher wages and better hours, a hashtag took hold: #ActYourWage. A workers’ refrain: ‘#ActYourWage’ 2023-09-22T04:00:00Z A solid labor market helps calm worries about a possible recession. Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street 2023-09-21T04:00:00Z "The Fed stance and a strong labor market has driven equities and commodities lower, pressuring oil," said Kilduff. Oil settles lower as Russia fuel export ban boosts, rate hikes weigh 2023-09-21T04:00:00Z Fed Chair Jerome Powell said on Wednesday that "the labor market remains tight, but supply and demand conditions continue to come into better balance." US weekly jobless claims drop to eight-month low; labor market remains tight 2023-09-21T04:00:00Z Though demand for labor is slowing, overall labor market conditions have remained tight despite higher interest rates. US weekly jobless claims, continuing claims at eight-month low 2023-09-21T04:00:00Z Too many college graduates are leaving Mississippi, and aligning degree programs with labor market demand might stem the tide, White said. Mississippi auditor says several college majors indoctrinate students and should be defunded 2023-09-21T04:00:00Z Fed Chair Jerome Powell told reporters on Wednesday that "the labor market remains tight, but supply and demand conditions continue to come into better balance." US weekly jobless claims unexpectedly fall 2023-09-21T04:00:00Z U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates. US applications for jobless benefits fall to lowest level in nearly 8 months 2023-09-21T04:00:00Z Core inflation is also higher in Britain, as it faces faster-than-expected wage growth in the private sector because of a tight labor market. U.K. Inflation Rate Slips Lower for Third Straight Month 2023-09-20T04:00:00Z She added that demand-supply imbalances in the labor market have abated. Yellen says US growth needs to slow due to full employment 2023-09-19T04:00:00Z Treasury Secretary Janet Yellen said on Tuesday that U.S. growth needed to slow in line with potential due to full employment, adding that demand-supply imbalances in the labor market have abated. Yellen says US growth needs to slow in line with potential due to full employment 2023-09-19T04:00:00Z Data next week on the number of people receiving benefits after an initial week of aid, a proxy for hiring, will offer more clues on the state of the labor market in September. US weekly jobless claims unexpectedly fall 2023-09-21T04:00:00Z The whopping 11 interest rate hikes since March of last year have helped to curb price growth, but the U.S. economy and labor market have held up better than most expected. US applications for jobless benefits fall to lowest level in nearly 8 months 2023-09-21T04:00:00Z “In a tight labor market, plan sponsors are hesitant to shift significant cost to plan participants and make benefits less affordable.” Biden’s claim of wrangling down health costs to run into biggest premium spike in nearly a decade 2023-09-19T04:00:00Z Yellen said on Monday that she sees evidence that the economy is keeping to a path of making substantial progress to reduce inflation while maintaining a strong labor market and healthy consumer spending. Yellen says U.S. 'soft landing' can weather strike, govt shutdown, student loan risks 2023-09-19T04:00:00Z "I don't see any signs that the economy is at risk of a downturn," Yellen told CNBC, noting that the U.S. labor market also remained strong and inflation was coming down. Yellen: No signs US economy in downturn, warns against gov't shutdown 2023-09-18T04:00:00Z Continuing claims remain historically low, a reminder that labor market conditions are still tight. US weekly jobless claims unexpectedly fall 2023-09-21T04:00:00Z Signs are already emerging that the labor market is starting to cool and employers are hiring at a slower clip. US retailer holiday hiring to drop to levels last seen in 2008 2023-09-15T04:00:00Z Fed policymakers may also use the projections to express more optimism on the labor market, economists say. Forecast for Fed's new forecasts - still one more rate hike to go 2023-09-15T04:00:00Z This is partly a story of a labor market that remains painfully tight in some sectors. No guarantee of ‘soft landing’ for cooling WA economy 2023-09-14T04:00:00Z Though spending remains supported by higher wages from the tight labor market, the outlook is darkening. US retail sales beat expectations as Americans pay more for gasoline 2023-09-14T04:00:00Z Though spending remains supported by higher wages from a tight labor market, the outlook is darkening. Higher gasoline prices lift US retail sales in August; weekly jobless claims rise slightly 2023-09-14T04:00:00Z It would follow on the heels of data this month showing an easing in labor market conditions in August. Higher gasoline prices seen boosting US inflation in August 2023-09-13T04:00:00Z In early May a surge in new benefits claims to the highest level since October 2021 briefly led economists to conclude a long-awaited softening in the labor market was taking hold. US jobless aid programs bilked of up to $135 bln during COVID, watchdog says 2023-09-12T04:00:00Z The unemployment rate rose to 3.8% in August, raising hopes among those who don't want to see another rate hike that the U.S. labor market was finally cooling. Fed to leave rates unchanged on Sept. 20; cut unlikely before Q2 2024 2023-09-12T04:00:00Z "People are in a holding pattern waiting to understand policy, and policy goes back to inflation, the labor market, prices and consumer demand," said Bill Merz, head of capital markets research at U.S. Wall Street dips, the dollar strengthens as inflation data looms 2023-09-12T04:00:00Z The economy's resilience is underscored by the labor market, which remains tight. Higher gasoline prices lift US retail sales in August; weekly jobless claims rise slightly 2023-09-14T04:00:00Z Where they choose to live impacts labor markets in European nations, which are desperate for workers and are facing demographic declines due to low birthrates. With European countries hungry for workers, more Ukrainians are choosing Germany over Poland 2023-09-12T04:00:00Z Treasury said subdued house price growth and a tougher labor market would dampen household wealth and incomes, and that exporters, including farmers, faced ongoing headwinds. New Zealand economy to remain sluggish for 2 years, although doing better than feared, figures show 2023-09-11T04:00:00Z And for now, even the Fed's more hawkish policymakers are content to let the data play out, even as they monitor whether surprisingly strong consumer spending and a still-tight labor market could feed inflationary pressures. Fed policymakers to sit tight on rates, debate if more is needed 2023-09-08T04:00:00Z "The resilient U.S. consumer and labor markets have raised questions on whether the Federal Reserve needs to raise rates further," he added. FOREX US dollar falls, but on pace for eight straight weeks of gains; yuan slumps 2023-09-08T04:00:00Z The labor market has been resilient even as the Bank of Canada raised its key overnight rate 10 times since March 2022 to cool the economy. Canada gains more jobs than expected in August, unemployment rate unchanged 2023-09-08T04:00:00Z Even though the latest update on U.S. employment continued to show a super-tight labor market, noises from top Fed policymakers suggested the central bank's tightening campaign may indeed be over after all. Morning Bid: Markets find feet after Apple topples 2023-09-08T04:00:00Z Stock markets are riding high on the Goldilocks narrative of ebbing inflation and resilient growth, heartened by an August U.S. jobs report that showed labor market conditions easing but not at an alarming pace. Take Five: Doves versus hawks 2023-09-08T04:00:00Z Lower inflation is "encouraging" but it isn't necessarily low enough, she said, especially with labor markets still strong -- unemployment is 3.8% and there are still 1.5 jobs for every job seeker. Fed's Logan: can skip Sept rate hike, but 'there is work left to do' 2023-09-07T04:00:00Z "If the new normal is 7%, then the strong labor markets will lead a lot of home buyers back into the housing market at some point," he said. U.S. mortgage rates fall for a second week but hold above 7% 2023-09-07T04:00:00Z "Overall, the disinflation story in Mexico is continuing, despite a resilient labor market and solid wage growth," said Pantheon Macroeconomics' Chief Latin America Economist Andres Abadia. Mexican core inflation slows more than expected to 20-month low 2023-09-07T04:00:00Z Last week, the Labor Department said job growth picked up in August, although employment gains reported in the previous two months were revised sharply lower in an indication that labor market conditions were loosening. US jobless claims hit lowest level since February; productivity strongest in years 2023-09-07T04:00:00Z Last week, the government reported that U.S. employers added 187,000 jobs in August, another sign of a healthy labor market. US applications for unemployment benefits fall to lowest level in 7 months 2023-09-07T04:00:00Z She said online gig work provides women and underprivileged youth “a very interesting opportunity to participate in the labor market.” Online gig work is growing rapidly, but workers lack job protections, a World Bank report says 2023-09-07T04:00:00Z Attention now shifts back to what Fed policymakers make of this U.S. growth pickup, the rebound in energy prices and some mixed signals from the tight labor market. Morning Bid: Transatlantic surprise gap opens up again 2023-09-07T04:00:00Z All three main U.S. stock indexes logged gains in the previous week after data pointed to a softening labor market, boosting expectations that the Fed could pause its monetary tightening this month. Wall St slips as rising Treasury yields weigh, energy firms cap losses 2023-09-05T04:00:00Z Sempra said it was seeing a tighter labor market and cost increases, but that it seeks to keep those to a minimum by locking in prices in advance. Big Tech is coming for the oil patch’s workers, and winning 2023-09-05T04:00:00Z Waller also noted that another rate rise, if needed, would not cause much damage to the labor market. Waller says recent data gives Fed space to decide next rate move, CNBC reports 2023-09-05T04:00:00Z All three main U.S. stock indexes logged gains in the previous week after a raft of data pointed to a softening labor market. Futures fall as rising yield, China services activity data weigh 2023-09-05T04:00:00Z The strong labor market is propping up U.S. households. Markets Remain Anxious, Despite Falling Odds of a Recession 2023-09-05T04:00:00Z One potential sign of economic weakness came last Tuesday, when U.S. data showed job openings dropped to the lowest level in nearly 2-1/2 years in July as the labor market gradually slowed. Analysis: US healthcare stocks roiled by investor tug of war over economy 2023-09-05T04:00:00Z The continued positive inflation and labor market data led to the cut, Goldman Sachs Chief Economist Jan Hatzius wrote in a note. Goldman Sachs cuts chances of US recession in next one year to 15% 2023-09-05T04:00:00Z “The union types see the tight labor market as something in their favor,” said Kristin Dziczek, policy adviser at the Federal Reserve Bank of Chicago. ‘It’s time’: Worker empowerment fuels high rates of labor action 2023-09-04T04:00:00Z The labor market is slowing in response to the central bank's rate hikes. Biden takes economic pitch to battleground Pennsylvania on US Labor Day 2023-09-04T04:00:00Z But the income gains are far less than would be expected in a race-neutral labor market, a team of academic and nonprofit researchers found. Occupational Segregation Drives Persistent Inequality, Study Says 2023-09-04T04:00:00Z Healthcare stocks are likely to remain in a slump until the unemployment rate rises, signaling that the labor market has cooled and sending investors into more defensive sectors, Patel said. Analysis: US healthcare stocks roiled by investor tug of war over economy 2023-09-05T04:00:00Z "This continued rebalancing of the labor market is consistent with our view that the July hike in the Fed funds rate was the last of the cycle," wrote analysts at Goldman Sachs. Asia looks to extend rally on China, US rate hopes 2023-09-04T04:00:00Z “You can’t just go and hire a bunch of new people, because labor markets are really tight.” ‘It’s time’: Worker empowerment fuels high rates of labor action 2023-09-04T04:00:00Z In fact, they are the fastest-growing demographic in the American labor market at 37 million strong. Labor Day’s forgotten older workers | Opinion 2023-09-03T04:00:00Z The downshift marks "a clear cooling of the labor market," former Boston Fed President Eric Rosengren said in comments posted on messaging platform X, formerly known as Twitter. US summer lull yields a 'soft-landing' data trove for Fed 2023-09-01T04:00:00Z Federal Reserve Chair Jerome Powell has persistently stated that the labor market, and in particular wage growth, will need to cool in order to bring down inflation to the Fed's 2% target. Hiring breadth across US industries picked up in August 2023-09-01T04:00:00Z The percentage of companies creating jobs compared with the number reducing positions reached a record low in August, a sign the labor market is cooling off. Biden touts jobs report, even as hiring cools and unemployment rises 2023-09-01T04:00:00Z Another factor favoring unions is the tight labor market. Unions are showing a strike-laden resurgence under Biden, but some believe it won’t last 2023-09-01T04:00:00Z Yes, it’s a paradox: Many older Americans must keep working into old age just to survive, while many others are pushed out of the labor market when they are not financially prepared to retire. Labor Day’s forgotten older workers | Opinion 2023-09-03T04:00:00Z The payrolls report follows recent data showing a fall in job openings and softer-than-expected private employment growth, both of which signaled weakness in the labor market. Wall St set for higher open after data point to softening labor market 2023-09-01T04:00:00Z That said, Faucher sees the latest numbers as still consistent with a healthy labor market. Hiring breadth across US industries picked up in August 2023-09-01T04:00:00Z The labor market is weakening, but that's still a historically low rate. Instant View: US job growth picks up in August, unemployment rate climbs 2023-09-01T04:00:00Z Further declines in the labor market will likely act as a double-edged sword for investors, relieving some inflation pressures while weighing on consumer spending. Wall St Week Ahead: Investors lower outlook for consumers as student loans, credit card debts pile up 2023-09-01T04:00:00Z Judged by the torrent of labor market soundings we've seen already this week, a negative surprise from the national employment picture later on Friday seems unlikely. AMERICAS Early Labor Day for markets 2023-09-01T04:00:00Z Investors should focus on the trend, which will likely show a gradual loosening of the labor market because of the Federal Reserve's hefty interest rate increases to cool demand in the economy, economists said. Hollywood strike, Yellow bankruptcy likely restrained US job growth in August 2023-09-01T04:00:00Z The episode was an example of the myriad ways in which Mississippi fails to adequately police its labor market, said Kemp Martin, who is the litigation director for Disability Rights Mississippi. Mississippi candidate for attorney general says the state isn’t doing enough to protect workers 2023-08-31T04:00:00Z One factor that helped drive robot sales over the past few years was a tight labor market. Robot invasion slows in the face of weaker US economy, high interest rates 2023-08-31T04:00:00Z The data follows smaller-than-expected growth in private payrolls on Wednesday that signaled a softening labor market and drove the S&P 500 to a three-week closing high. S&P 500 climbs as inflation data fuels interest rate optimism 2023-08-31T04:00:00Z Some loosening of the super-tight labor market and ebbing of brisk wage growth is seen by many as a critical condition to stay the Federal Reserve's hand in tightening one more time this year. AMERICAS Early Labor Day for markets 2023-09-01T04:00:00Z With the labor market still tight, wage growth remains strong, though the pace of increase has slowed from early in the year. Hollywood strike, Yellow bankruptcy likely restrained US job growth in August 2023-09-01T04:00:00Z Though the labor market is cooling, with job openings dropping to their lowest level in nearly 2-1/2 years in July, conditions remain tight. US consumer spending accelerates; declining savings a red flag 2023-08-31T04:00:00Z Another gauge measuring U.S. job openings dropped to the lowest level in nearly 2-1/2 years in July as the labor market slowed, the Labor Department said on Tuesday. Robot invasion slows in the face of weaker US economy, high interest rates 2023-08-31T04:00:00Z Meanwhile, German unemployment rose more than expected in August, showing the first cracks in what until now had been a very resilient labor market. Dollar gains on solid data, euro drops on cautious ECB comments 2023-08-31T04:00:00Z The data follows a smaller-than-expected growth in private payrolls on Wednesday that signalled a softening labor market and drove the S&P 500 to a three-week closing high. Wall St gains as inflation data boosts rate-pause hopes 2023-08-31T04:00:00Z Solid wage gains are helping to underpin consumer spending and keeping a recession at bay, and creating a feedback loop that is keeping the labor market humming. Hollywood strike, Yellow bankruptcy likely restrained US job growth in August 2023-09-01T04:00:00Z Still, there are signs that the labor market is slowing. American workers want almost $79,000 salary to start a new job 2023-08-31T04:00:00Z Slowing inflation and a still tight labor market, which is keeping wage gains elevated, are supporting consumer spending and propping up the economy. US consumer spending in July surges; weekly jobless claims fall 2023-08-31T04:00:00Z Friday’s jobs report for August will be scoured for any confirmation that the labor market is weakening. Dollar gains on solid data, euro drops on cautious ECB comments 2023-08-31T04:00:00Z Meanwhile, the labor market is cooling, Bostic said, and employers say they do not plan to raise prices to keep pace with the higher wages they are paying. Fed's Bostic says U.S. interest rates are high enough 2023-08-31T04:00:00Z The deliberations come as union workers including pilots, employees and delivery drivers enjoy enhanced bargaining power against the backdrop of a tight labor market and a rise in public support for unions. American Airlines flight attendants vote to authorize strike - union 2023-08-30T04:00:00Z Those data could suggest that older people see the labor market as unappealing, or that the pandemic made more of them think about retirement. American workers want almost $79,000 salary to start a new job 2023-08-31T04:00:00Z Though the labor market is cooling, with job openings dropping to their lowest level in nearly 2-1/2 years in July, conditions remains tight. US consumer spending in July surges; weekly jobless claims fall 2023-08-31T04:00:00Z "The real test of the effectiveness of monetary policy will come from the labor market, which remains too tight for the Fed." US economic growth trimmed on inventories; retains underlying momentum 2023-08-30T04:00:00Z This Friday’s jobs report for August will be closely watched for further confirmation that the tightness in the labor market is ebbing as interest rates remain relatively high. Dollar falls to two-week low as economic data softens 2023-08-30T04:00:00Z Advertising expenses in the quarter rose 19%, while overall expenses were up 14% as it also battled a tough labor market. Jack Daniel's maker Brown-Forman misses profit estimate as costs pinch amid tepid demand 2023-08-30T04:00:00Z Though the labor market is slowing, with job openings dropping to the lowest level in nearly 2-1/2 years in July, employers are largely hanging on to their workers after difficulties hiring during the pandemic. US second-quarter GDP growth revised lower 2023-08-30T04:00:00Z The labor market is gradually slowing as it adjusts to 525 basis points worth of interest rate increases from the Federal Reserve since March 2022. US private payrolls growth slows sharply in August - ADP 2023-08-30T04:00:00Z The government has been trying to finalize migration deals with individual countries to open doors for immigrants with skills that are much needed on Germany’s labor market, such as nurses or truck drivers. Germany will classify Georgia, Moldova as ‘safe countries,’ making rejecting asylum-seekers easier 2023-08-30T04:00:00Z The greenback also fell on Tuesday after data showed that U.S. job openings dropped to the lowest level in nearly 2-1/2 years in July as the labor market gradually slowed. Dollar falls to two-week low as economic data softens 2023-08-30T04:00:00Z The report also showed that the number of Americans quitting their jobs fell sharply for the second-straight month, clear signs that the labor market is cooling in a way that could reduce inflation. Stock market today: Asian shares boosted by Wall Street rise on consumer confidence and jobs 2023-08-29T04:00:00Z "Robust fundamentals, including a resilient labor market and falling inflation, are offsetting the drag from tighter financial conditions," Andres Abadia, the chief Latin America economist at Pantheon, said in a note. Mexico Q2 growth weaker than initial estimate, slowdown foreseen 2023-08-30T04:00:00Z A survey from the Conference Board also showed consumers' views of the labor market less upbeat in August. US private payrolls growth slows sharply in August - ADP 2023-08-30T04:00:00Z Softness in the labor market could encourage the Federal Reserve to slow down interest rate hikes, experts said. Oil rises 1% on softer dollar, US braces for hurricane hit 2023-08-29T04:00:00Z The July non-farm payrolls report on Friday will offer investors more clarity about the state of the labor market. Wall Street rallies as jobs data fuels interest rate optimism 2023-08-29T04:00:00Z The latest gains came as investors reviewed reports on consumer confidence and the labor market. Stock market today: Asian shares boosted by Wall Street rise on consumer confidence and jobs 2023-08-29T04:00:00Z The non-farm payrolls report on Friday will offer investors more clarity about the state of the labor market. Wall St gains as weak job openings data fuels hopes of rate-hike pause 2023-08-29T04:00:00Z That was reinforced by a survey from the Conference Board showing consumers' perceptions of the labor market cooling in August. US labor market cooling as job openings, quits decline 2023-08-29T04:00:00Z The number of job openings continued to drop in July, the Labor Department reported Tuesday, another sign that the U.S. labor market is losing its momentum. Job Openings Dropped in July as Labor Market Cooled 2023-08-29T04:00:00Z “When union workers bargain for higher pay, it increases pressure on non-union companies to raise pay as well to stay competitive in the labor market,” she said. As worker actions continue nationwide, White House highlights how administration is helping unions 2023-08-28T04:00:00Z "What we do with our policy - if we can get back to 2% in a timely way, in a sustainable way, if we have a strong labor market - that's good for the global economy." Analysis: U.S. growth, a puzzle to policymakers, could pose global risks 2023-08-27T04:00:00Z Economic growth has been more robust than many have expected, and the labor market is still tight, and Mester does believe that the Fed's rate hikes so far will moderate the strength of both. Fed's Mester sees another rate hike, says rate cuts may have to wait 2023-08-26T04:00:00Z Nevertheless, labor market conditions remain tight, with 1.5 job openings for every unemployed person in July. US labor market cooling as job openings, quits decline 2023-08-29T04:00:00Z The U.S. labor market has defied expectations by remaining strong despite the Fed’s mission to slow down the economy by raising interest rates. Job Openings Dropped in July as Labor Market Cooled 2023-08-29T04:00:00Z Inflation soared around the world as economies emerged from pandemic lockdowns and a surge in demand ran into a wall of supply chain failures and labor market constraints. No appetite at Fed, ECB for changing inflation goal 2023-08-25T04:00:00Z If inflation and labor market data continue showing an easing of price and wage pressures, the current forecast for just one more quarter-point increase may hold. Analysis: U.S. growth, a puzzle to policymakers, could pose global risks 2023-08-27T04:00:00Z The U.S. will report labor market data for August on Sept. 1, and consumer price data on Sept. 13. Analysis: Powell's 'higher for longer' mantra fans investor caution over economy 2023-08-25T04:00:00Z "There is plenty here to make the case that not only is the labor market rebalancing but at this point it is doing so without pushing up unemployment." US labor market cooling as job openings, quits decline 2023-08-29T04:00:00Z Some investors hope that signs the labor market is continuing to cool will push the Fed to end its campaign of rate increases sooner. Job Openings Dropped in July as Labor Market Cooled 2023-08-29T04:00:00Z Major U.S. unions have taken advantage of a tight labor market and responded to high inflation by pressing and securing double-digit pay raises at delivery giant UPS and aerospace supplier Spirit Aerosystems. UAW members authorize strike at Detroit Three automakers 2023-08-25T04:00:00Z "We are seeing evidence of slowing labor markets as evidenced by slowing wage growth, lower job postings and an increase in Canadian unemployment. Consequently, our base case forecasts a softer economic outlook," he told analysts. RBC plans thousands of job cuts after profit beat; TD misses on higher expenses 2023-08-24T04:00:00Z Data on Thursday showed the number of Americans filing new claims for unemployment benefits fell last week, as labor market conditions remained tight despite the Fed's aggressive interest rate hikes. Dollar rises ahead of Jackson Hole gathering 2023-08-24T04:00:00Z The Conference Board's so-called labor market differential, derived from data on respondents' views on whether jobs are plentiful or hard to get, narrowed to 26.2% this month from 32.4% in July. US labor market cooling as job openings, quits decline 2023-08-29T04:00:00Z Many have taken a more optimistic view recently as inflation has begun to moderate alongside a strong labor market. Job Openings Dropped in July as Labor Market Cooled 2023-08-29T04:00:00Z But data also that showed labor market conditions remained tight despite the Fed's aggressive interest rate hikes. Oil slips amid caution ahead of Fed Chair remarks 2023-08-24T04:00:00Z Freddie Mac chief economist Sam Khater said more increases could be on the horizon if strong consumer spending and the labor market continue to be this robust. U.S. 30-year mortgage shoots up to decades-long high - Freddie Mac 2023-08-24T04:00:00Z Data showing a still strong labor market, ahead of the commentary, did little to ease interest rate jitters. Wall St falls as Nvidia boost fades, caution sets in ahead of Powell speech 2023-08-24T04:00:00Z Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal. Fewer Americans apply for jobless benefits as labor market keeps humming along 2023-08-24T04:00:00Z The unemployment rate dropped to 3.5 percent in June, a sign that although the labor market is cooling, workers are generally still able to find opportunities. Job Openings Dropped in July as Labor Market Cooled 2023-08-29T04:00:00Z For months, a strong labor market and resilient consumer spending have increasingly assuaged fears of recession, and led to upward revisions of GDP growth forecasts. Dollar retreats as data shows US economy near stalling point 2023-08-23T04:00:00Z For months, a strong labor market and resilient consumer spending has increasingly assuaged fears of recession, and led to upward revisions of GDP growth forecasts. US economy near stalling point as consumer demand weakens, survey says 2023-08-23T04:00:00Z Unions representing “essential” transportation workers including pilots, port workers and delivery drivers are enjoying enhanced bargaining power due to the tight labor market and stronger public support for unions. UPS Teamsters ratify contract, eliminating US strike risk 2023-08-22T04:00:00Z Early this month, the government reported that U.S. employers added 187,000 jobs in July, fewer than expected, but still a reflection of a healthy labor market. Fewer Americans apply for jobless benefits as labor market keeps humming along 2023-08-24T04:00:00Z The unemployment data for August will be one of the last labor market pulses Fed policymakers will get before their next meeting on Sept. 19-20. Job Openings Dropped in July as Labor Market Cooled 2023-08-29T04:00:00Z Raw material and freight costs have eased from pandemic-era highs, but a tight labor market is exacerbating the drag of persistent inflation on production costs for major global companies. Coty's downbeat annual profit forecast overshadows quarterly revenue beat 2023-08-22T04:00:00Z Raw material and freight costs have eased from pandemic-era highs, but a tight labor market is exacerbating the drag of persistent inflation on production costs. Coty forecasts downbeat annual profit as goods, labor costs bite 2023-08-22T04:00:00Z “The labor market continues to be resilient — maybe too resilient for the Fed’s liking,” said Mike Loewengart, head of model portfolio construction at Morgan Stanley Global Investment Office. Stock market today: Asian shares mostly decline after Wall Street drops on higher bond yields 2023-08-17T04:00:00Z Labor Department reported the number of Americans filing new claims for jobless benefits fell in the last week, suggesting the still-tight labor market could prolong the Fed's project to cool the economy. U.S. Treasury yields jump and stocks dip on rate, China concerns 2023-08-17T04:00:00Z In the past two years, unions across the aerospace, construction, airline and rail industries have put up fights for higher wages and more benefits in a tight labor market. Allegiant extends contract agreement with maintenance staff union by 2 years 2023-08-17T04:00:00Z Labor Department reported the number of Americans filing new claims for jobless benefits fell in the last week, suggesting the still-tight labor market that could suggest the Fed's project to cool the economy remains ongoing. U.S. Treasury yields lift, Wall Street slips as rates, China loom large 2023-08-17T04:00:00Z A report from the Labor Department showed a fall in jobless claims last week, signaling the labor market remained tight. S&P 500, Dow gain on boost from Cisco 2023-08-17T04:00:00Z Inflation is also slowing and the labor market is gradually cooling. US leading indicator falls further in July 2023-08-17T04:00:00Z Tight labor markets, increasing wages and rising consumer confidence are driving the U.S. consumer to keep spending, said Erik Lundh, principal economist at The Conference Board. Walmart lifts forecasts as bargain-minded shoppers seek out low-priced groceries 2023-08-17T04:00:00Z Labor Department reported the number of Americans filing new claims for jobless benefits fell in the last week, suggesting the labor market remains tight despite the Fed's efforts to cool the economy and inflation. U.S. Treasury yields lift, Wall Street muddled as rates, China loom large 2023-08-17T04:00:00Z Although the labor market is slowing, with job gains in July the second smallest since December 2020, conditions generally remain tight. US weekly jobless claims fall as labor market remains tight 2023-08-17T04:00:00Z The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation. U.S. jobless claims applications fall as labor market continues to show resiliency 2023-08-17T04:00:00Z The numbers, which could potentially signal a tight labor market, will be parsed for additional clues on the U.S. interest rate trajectory. Futures rise after Walmart, Cisco results; traders assess Fed minutes 2023-08-17T04:00:00Z The numbers, which could potentially signal a tight labor market, will be parsed for additional clues on the path for U.S. interest rates. Futures inch higher as investors assess Fed minutes; Cisco gains 2023-08-17T04:00:00Z "In short, the labor market is still strong but much more balanced than during the severe worker shortages of the early recovery from the pandemic," said Bill Adams, chief economist for Comerica Bank. U.S. Treasury yields lift, Wall Street muddled as rates, China loom large 2023-08-17T04:00:00Z Data next week on the number of people receiving benefits after an initial week of aid, a proxy for hiring, will offer more clues on the health of the labor market in August. US weekly jobless claims fall as labor market remains tight 2023-08-17T04:00:00Z Fed Chair Jerome Powell said at the time the economy still needed to slow and the labor market to weaken for inflation to "credibly" return to the U.S. central bank's 2% target. Asian stocks hit 9-month lows on worries over China economy, US rates 2023-08-17T04:00:00Z While the country is officially in recession, the labor market remains strong, with unemployment close to all-time lows at 3.6%. The Dutch economy has slid into recession as inflation and interest rates hit exports and spending 2023-08-16T04:00:00Z Wages in Britain have been rising, as workers demand higher pay to offset rising prices and employers compete to fill jobs in a tight labor market. U.K. Inflation Eases to 6.8% as Energy Prices Fall 2023-08-16T04:00:00Z The labor market is quite tight, he said, and with economic growth continuing to exceed expectations, there's no sign that a recession is around the corner. Kashkari: not ready to say Fed is done raising rates 2023-08-15T04:00:00Z Demand has remained resilient despite the Federal Reserve's aggressive interest rate hikes to tame inflation, thanks to strong wage gains from a tight labor market. US retail sales increase more than expected in July 2023-08-15T04:00:00Z The United States, the world's largest economy, has fought high inflation and seen a robust labor market. Biden calls China a 'ticking time bomb' due to economic troubles 2023-08-10T04:00:00Z Nevertheless, labor market conditions remain tight, with the unemployment rate at more than 50-year lows, keeping wage gains elevated. US consumer prices rise moderately in July; weekly jobless claims above expectations 2023-08-10T04:00:00Z The number of Americans applying for jobless benefits jumped last week, but not enough to raise concern about the consistently strong U.S. labor market. Number of Americans applying for jobless aid rises, but not enough to cause concern 2023-08-10T04:00:00Z Jackson Women’s Health Organization ruling overturning the federal right to an abortion “didn’t only have deep impacts on women across the country, but also on the labor market,” Gudell said. Companies backing abortion care lure applicants, but staff less happy 2023-08-09T04:00:00Z And because of the sluggish economy and cooling labor market, he said, they’re “quiet quitting” their current positions rather than leaving immediately. Remote work gave them a reprieve from racism. They don't want to go back 2023-08-08T04:00:00Z “I would say though that there’s a pathway….We’ve seen so far the beginnings of disinflation without any real costs in the labor market. And that’s a really good thing.” US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile 2023-08-08T04:00:00Z Despite fears of a recession with last year’s record-high inflation and massive tech layoffs slowing down the average wage growth, Washington’s labor market is still going strong. After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z "In our view, the picture on the labor market remains mixed," Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note. Futures rise following turbulent week; U.S. inflation in focus 2023-08-07T04:00:00Z A lot of the labor force growth we’ve seen over the past year or so has been a rebound, and a return to a strong labor market conditions after the pandemic. A Fed Official Wonders: ‘Do We Need to Do Another Rate Increase?’ 2023-08-07T04:00:00Z "I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening." Fed's Bowman says more US rate hikes likely will be needed 2023-08-05T04:00:00Z “The Fed’s aggressive rate hikes disproportionately threaten Black workers and their families and risk fully reversing the extraordinary labor market gains we have seen,” Warren, a frequent Fed critic, wrote. US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile 2023-08-08T04:00:00Z Churn in the labor market usually tracks with disruption. After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z The percentage of firms creating jobs compared to the number reducing positions reached a record low in July, a sign the labor market is cooling off. Biden unfazed by modest jobs report and signs of a hiring slowdown 2023-08-04T04:00:00Z We’re still in an economy where demand exceeds supply, it’s a strong labor market, clearly, and wage growth has been very strong and it’s higher than inflation. A Fed Official Wonders: ‘Do We Need to Do Another Rate Increase?’ 2023-08-07T04:00:00Z American employers added 187,000 jobs last month, the Labor Department reported on Friday, a figure that exceeded the flow of people entering the labor market. The economy added 187,000 jobs in July. 2023-08-04T04:00:00Z The labor market, supported in part by strong immigration, has until now been resilient even as the central bank raised its key overnight rate ten times since March 2022. Canada unexpectedly sheds jobs in July, central bank seen pausing hikes 2023-08-04T04:00:00Z At the other end of the spectrum, in the service sector, which has recorded some of the largest increases in employment and average wages in Washington, the labor market is still tight as ever. After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z Another sign of a weaker labor market was that the number of hours people worked last month dropped to 34.3, a post-pandemic low. Biden unfazed by modest jobs report and signs of a hiring slowdown 2023-08-04T04:00:00Z The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. Argentina agrees $775 mln loan with Qatar to make IMF repayment 2023-08-04T04:00:00Z The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. Instant view: US jobs growth stays moderate in July, wage gains still strong 2023-08-04T04:00:00Z "The softer labor market data support our view that the Bank is unlikely to follow through with current market pricing by raising rates further," he said. Canada unexpectedly sheds jobs in July, central bank seen pausing hikes 2023-08-04T04:00:00Z So far, they have been a success, as inflation has slowed without any real spike in unemployment or other bad labor market data, Vigdor said. After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. Fed seen sticking to current policy rate through year end 2023-08-04T04:00:00Z The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in labor market conditions. US companies hoarding workers even as economy cools 2023-08-04T04:00:00Z Economists are watching for signs of a cooling labor market. Apple’s and Amazon’s Report Cards for the Global Economy 2023-08-04T04:00:00Z And many still looking to hire said that attracting and retaining workers was difficult as the labor market remained robust. ‘You Have to Work Extra to Hire People’: What Companies Have Been Saying About Jobs 2023-08-04T04:00:00Z However, higher borrowing costs are still impacting startups and small businesses looking to expand operations, which could spell trouble in the future for the labor market. After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z The U.S. government was due Friday to issue its latest update on the unexpectedly strong labor market. Stock market today: Asian stocks mixed ahead of US jobs update following British rate hike 2023-08-03T04:00:00Z The abundance of unfilled jobs, together with the Conference Board's consumer confidence survey in July showing households bullish on the labor market, poses a risk to the unemployment rate. Slower, but still strong US employment growth expected in July 2023-08-04T04:00:00Z Economists are increasingly interpreting reports of G.D.P. growth and a consistently strong labor market as evidence that the U.S. economy is resilient. Friday Briefing 2023-08-04T04:00:00Z That would be fewest since December 2020 – but still a healthy number and a sign that the U.S. labor market remains sturdy despite markedly higher interest rates. US economy likely generated 200,000 new jobs in July, showing more resilience in face of rate hikes 2023-08-03T04:00:00Z “And to the extent that the labor market depends on startups, it creates problems,” he said. After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z Even with the supply cuts, the latest batch of U.S. economic data showing tight labor markets and a slowing service sector has the market worried about demand. Oil prices set for sixth weekly gain as producers pledge output cuts 2023-08-04T04:00:00Z With the labor market still tight, wages likely continued to rise though at a moderate pace. Slower, but still strong US employment growth expected in July 2023-08-04T04:00:00Z “The improvements were almost certainly buoyed by the overall strong labor market and low unemployment rate in the U.S.,” Census Bureau finds share of people without health insurance fell in most counties during pandemic 2023-08-03T04:00:00Z In response to a cooling labor market, wage pressures have eased, but they remain too intense for the Fed’s comfort. US economy likely generated 200,000 new jobs in July, showing more resilience in face of rate hikes 2023-08-03T04:00:00Z “But if you have a labor market dominated by existing businesses with money in the bank, they don’t need to worry about borrowing to finance their operations or their expansion.” After tech contraction, WA still has more jobs than jobseekers 2023-08-07T04:00:00Z Thursday’s report comes just a day before the July jobs report will be released, which will provide a broader and more detailed look at the labor market and economy. Weekly applications for US jobless aid tick up from 5-month low 2023-08-03T04:00:00Z "The hawks at the Fed may become increasingly uncomfortable with the possibility of reemerging inflation if the labor market remains so tight," said Veronica Clark, an economist at Citigroup in New York. Slower, but still strong US employment growth expected in July 2023-08-04T04:00:00Z The ADP's national employment report on Wednesday pointed to strong private hiring last month and the Conference Board's consumer confidence survey showed households bullish on the labor market. US weekly jobless claims rise moderately; layoffs drop to 11-month low 2023-08-03T04:00:00Z The drop in layoffs last month dovetails with other signs of continued labor market strength. US layoffs fall to lowest level in nearly a year 2023-08-03T04:00:00Z Inflation has finally begun to moderate in earnest, even as economic growth has remained positive and the labor market has continued to chug along. Is Good News Finally Good News Again? 2023-08-03T04:00:00Z Data last week showed the U.S. economy grew faster than expected in the second quarter as a resilient labor market supported consumer spending, while businesses boosted investment in equipment and built more factories. BofA Global Research raises 2023 US GDP growth forecast on 'soft landing' expectation 2023-08-02T04:00:00Z "We expect a few somewhat stronger inflation readings into the fall and a labor market that remains stronger than the Fed's latest forecasts will likely lead to Fed officials raising rates again in November." Slower, but still strong US employment growth expected in July 2023-08-04T04:00:00Z The labor market is only slowing gradually despite 525 basis points worth of interest rate increases from the Fed since March 2022. US private payrolls beat expectations in July, ADP says 2023-08-02T04:00:00Z Investors also await the ADP National Employment report for July that could offer more clues on the domestic labor market, ahead of much awaited non-farm payrolls data due on Friday. Wall St futures tumble after Fitch downgrades top-tier US rating 2023-08-02T04:00:00Z But, he added, he does not see a tight connection between labor market tightness and inflation - meaning, he believes that inflation can fade even as the job market stays healthy. Fed's Goolsbee says he is a 'closet' inflation optimist 2023-08-01T04:00:00Z Job turnover decreased in June, the Labor Department reported on Tuesday, suggesting that the American labor market continues to slow down from its meteoric ascent after the pandemic lockdowns. Job Turnover Eased in June as Labor Market Cooled 2023-08-01T04:00:00Z The Labor Department's closely watched employment report on Friday is still expected to show a tight labor market, with the unemployment rate steady near multi-decade lows, though wage growth probably moderated. Slower, but still strong US employment growth expected in July 2023-08-04T04:00:00Z A survey last month showed consumers very bullish about the labor market in July. US private payrolls beat expectations in July, ADP says 2023-08-02T04:00:00Z Black unemployment rate has fallen to historic lows under Biden, but hit a 10-month high in June, driven in large part by Black workers leaving the labor market. Some Black men lose faith in Biden, Democrats in 2024 2023-08-01T04:00:00Z And it may create a change in the kinds of skills that are valuable in the labor market. Unregulated AI Will Worsen Inequality, Warns Nobel-Winning Economist Joseph Stiglitz 2023-08-01T04:00:00Z Ms. Marquess, who voted for Mr. Biden in 2020 as “the lesser of two evils,” was not happy about his handling of the pandemic, blaming him for inflation and a tight labor market. Biden Shores Up Democratic Support, but Faces Tight Race Against Trump 2023-08-01T04:00:00Z Services inflation tends to be stickier, and it tends to be more driven by what’s going on in the labor market. Insider Q&A: An economist who sees a recession coming despite economy’s resilience so far 2023-07-31T04:00:00Z The labor market has mostly held up despite the Federal Reserve’s furious pace of interest rate hikes in the past year-and-a-half. This week: Starbucks, Amazon earnings; July jobs report 2023-07-30T04:00:00Z "All in all, the labor market remained strong in the second quarter, defying the drag from stiflingly high interest rates," Pantheon Macroeconomics' chief economist for Latin America, Andres Abadia, said. Brazil's jobless rate hits lowest since 2014 for a quarter through June 2023-07-28T04:00:00Z Annual wage growth is gradually slowing after peaking last year, in line with some easing in labor market conditions. US labor costs growth slows in second quarter 2023-07-28T04:00:00Z As the labor market remains tight for many industries, businesses have offered remote and hybrid work and other benefits to draw and keep top talent. ‘Work from anywhere’ jobs draw record demand as summer travel heats up 2023-07-28T04:00:00Z So the tight labor market is contributing to high services inflation. Insider Q&A: An economist who sees a recession coming despite economy’s resilience so far 2023-07-31T04:00:00Z That is top of mind for investors, who will be scrutinizing inflation and labor market data — the next jobs report comes out next Friday — to figure out what the Fed will do in September. Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet 2023-07-28T04:00:00Z A series of labor market reforms under former Chancellor Gerhard Schroeder in 2003-2004 helped restore economic growth and Germany’s position as an export powerhouse selling industrial machinery and vehicles to the rest of the world. Germany used to be the world’s export powerhouse. Now, it’s not growing. What happened? 2023-07-28T04:00:00Z Fed Chair Jerome Powell said the economy still needed to slow and the labor market to weaken for inflation to "credibly" return to the U.S. central bank's 2% target. Nasdaq futures rise after Meta results, Fed optimism 2023-07-27T04:00:00Z The companies have cited a strong labor market, in which wages are growing, as source of increased spending. Big Consumer Companies Keep Raising Prices, Complicating Fed’s Job 2023-07-26T04:00:00Z By the end of this year, early next year, we will see a significant softening in the labor market that will help bring inflation down to the Fed’s 2% target. Insider Q&A: An economist who sees a recession coming despite economy’s resilience so far 2023-07-31T04:00:00Z However, the sector, which has largely evaded the effects of high inflation so far, struggles with high wage costs in a tight labor market as they deploy more staff to meet the spike in demand. Hilton raises full-year profit forecast on strong travel demand 2023-07-26T04:00:00Z In the latest data, U.S. consumer confidence increased to a two-year high in July amid a persistently tight labor market and receding inflation. Dollar near two-week high as Fed decision looms; Aussie falls 2023-07-26T04:00:00Z A sudden downturn in economic growth or the labor market could dampen that demand, cooling the housing market and inflation overall. Housing-market rebound poses challenge for Fed’s inflation fight 2023-07-24T04:00:00Z Consumers remain confident amid a strong labor market that has acted as a bulwark to slower economic growth elsewhere. This Week: Consumer confidence, Fed policy, inflation update 2023-07-23T04:00:00Z How is it that with only a 3% jobless rate in Seattle — and nationally “a historically strong labor market with low unemployment,” says The New York Times — there’s also a rush on the food banks? Seattle speaks with poignancy and pain on rich-poor split 2023-07-22T04:00:00Z The remarkable thing is that, at the same time, the labor market remains strong. The Markets Are Counting on the Fed to Solve a Tricky Puzzle 2023-07-21T04:00:00Z U.S. unions are making bolder contract demands in the tighter labor market. UAW seeks Washington backing to pressure Detroit Three automakers in labor talks 2023-07-21T04:00:00Z Emboldened by tight labor markets and agitated after shouldering new risks, workers notched a series of surprising victories at some of the most prominent U.S. companies. America is barreling toward a summer of strikes 2023-07-21T04:00:00Z Though the labor market remains tight, last week's drop in claims was likely exaggerated by difficulties adjusting the data for seasonal patterns. US weekly jobless claims fall to two-month low 2023-07-20T04:00:00Z Fewer Americans applied for unemployment benefits last week with the labor market continuing to cruise along despite higher interest rates intended to cool hiring. US jobless claims fall again as labor market continues to flash strength 2023-07-20T04:00:00Z Throughout the coronavirus pandemic, economists and pundits theorized about its lasting effects on the labor market. Netflix’s Strike Defense Is Strong. It May Have Some Cracks Anyway. 2023-07-20T04:00:00Z Time and again, predictions about ways in which the labor market had been permanently changed have proved temporary or even illusory. The Pandemic’s Labor Market Myths 2023-07-19T04:00:00Z That decline in wages came even as the number of people employed continued to grow and the statewide labor market remained tight. Tech cuts bump Seattle-area wages down for first time in at least a decade 2023-07-19T04:00:00Z "Where a merger between employers may substantially lessen competition for workers, that reduction in labor market competition may lower wages or slow wage growth, worsen benefits or working conditions," the guidelines say. U.S. antitrust enforcers tackle digital platforms in new merger guidelines 2023-07-19T04:00:00Z Britain, she said, had the misfortune of being hit by both the energy spike, like its neighbors in Europe, and strong domestic inflationary pressures because of a tight labor market, like the United States. As Sunak Makes His Case to Britons, the Economy Undermines It 2023-07-19T04:00:00Z But few of those trends — whether “quiet quitting” or early retirements — have persisted, and the labor market seems to have fully recovered, write Jeanna Smialek and Ben Casselman for The Times. Netflix’s Strike Defense Is Strong. It May Have Some Cracks Anyway. 2023-07-20T04:00:00Z The U.S. labor market has recovered by nearly every major measure. Your Tuesday Briefing 2023-07-18T04:00:00Z “The labor market is still pretty strong, it’s still hiring people,” state economist Paul Turek said. Tech cuts bump Seattle-area wages down for first time in at least a decade 2023-07-19T04:00:00Z The labor market has recovered by nearly every major measure, and the employment rate for people in their most active working years has eclipsed its 2019 high, reaching a level last seen in April 2001. Jerome Powell’s Prized Labor Market Is Back. Can He Keep It? 2023-07-17T04:00:00Z Interest in offering student loan repayment as a benefit surged in 2019, as employers looked to gain an edge in a competitive labor market. Have student loans? These employers will help you pay them off 2023-07-17T04:00:00Z Early in the pandemic, women overwhelmingly experienced job losses, a phenomenon called the “she-cession” that led to fears that women would permanently be set back in the labor market. Netflix’s Strike Defense Is Strong. It May Have Some Cracks Anyway. 2023-07-20T04:00:00Z It said private consumption apparently stabilized, thanks to a solid labor market, pay increases and the lack of a further significant increase in inflation. Germany’s central bank says the economy apparently returned to growth in the 2nd quarter 2023-07-17T04:00:00Z The current situation "still leaves us with the question whether inflation can settle while consumers are still spending and the labor market remains this robust," Richmond Fed President Thomas Barkin said last week. Is the wild ride over? Fed faces broader debate as it tees up rate hike 2023-07-17T04:00:00Z Economists have spent months predicting that workers will not be able to hang onto all their recent labor market gains because the Fed has been aggressively attacking rapid inflation. Jerome Powell’s Prized Labor Market Is Back. Can He Keep It? 2023-07-17T04:00:00Z In the past two years, unions across the aerospace, construction, airline and rail industries have rebuffed initial offers from management, seeking higher wages in a tight labor market. United Airlines pilots reach labor agreement, boost pay 2023-07-15T04:00:00Z "The sharp rise in sentiment was largely attributable to the continued slowdown in inflation along with stability in labor markets." US consumer sentiment near two-year high in July 2023-07-14T04:00:00Z Waller also said “the labor market is still very robust” and said “wage growth continues to be above what would support returning inflation to 2%.” Fed's Waller eyes July rate rise, and another hike before year ends 2023-07-13T04:00:00Z The Times reported antitrust experts have warned the clause could violate federal law if it threatened the integrity of the labor market and promised to stifle competition for players, who are independent. PGA Tour, Saudi wealth fund drop poaching clause from agreement at Justice Department’s request 2023-07-13T04:00:00Z But now a tantalizing possibility is emerging: Can America both tame inflation and keep its labor market gains? Jerome Powell’s Prized Labor Market Is Back. Can He Keep It? 2023-07-17T04:00:00Z “As always, we’ll be looking closely at labor market performance in the coming months to determine if there are changes in trends, both overall and for major demographic groups, such as Blacks.” Black Americans make up 90% of recent unemployment surge, but agency hesitant to call it a trend 2023-07-13T04:00:00Z Nevertheless, the labor market is slowing, but not falling apart, as the impact of the U.S. central bank's 500 basis points worth of interest rate increases since March 2022 spreads across the economy. US weekly jobless claims unexpectedly fall 2023-07-13T04:00:00Z The number of Americans applying for jobless benefits fell again last week as the labor market continues defy the Federal Reserve’s attempt to cool it by raising interest rates. U.S. applications for jobless benefits fall again as labor market continues to defy the Fed actions 2023-07-13T04:00:00Z Strong consumer demand for services, buoyed by demand, buoyed by strong labor markets and the post-pandemic shift in spending from goods to services, is likely to sustain these price pressures, the IMF said. IMF sees 'pockets of resilience,' slowing momentum in global economy 2023-07-13T04:00:00Z The Fed may be able to walk that tightrope to a soft landing, retaining a labor market that has benefited a range of people — from those with disabilities to teenagers to Black and Hispanic adults. Jerome Powell’s Prized Labor Market Is Back. Can He Keep It? 2023-07-17T04:00:00Z Some labor market experts reached for comment said the report confirms that widespread layoffs in the tech and service industries have hit Blacks harder than other workers this year. Black Americans make up 90% of recent unemployment surge, but agency hesitant to call it a trend 2023-07-13T04:00:00Z Claims, relative to the size of the labor market, are way below the 280,000 level that economists say would signal a significant slowdown in job growth. US weekly jobless claims unexpectedly fall 2023-07-13T04:00:00Z Interest rates increases work partly by slowing the job market and cooling wage increases, so the Fed’s fight against inflation and the strength of the labor market are closely tied. Inflation cools sharply in June, good news for consumers and the Fed. 2023-07-12T04:00:00Z Driving growth is a tighter-than-expected labor market, greater pent-up demand for services, a stronger outlook for housing prices, and provincial and federal fiscal measures, the central bank said. Bank of Canada hikes growth forecast and says inflation slowing only gradually 2023-07-12T04:00:00Z “The labor market, I think, has surprised many, if not all, analysts over the last couple of years with its extraordinary resilience,” Mr. Powell said. Jerome Powell’s Prized Labor Market Is Back. Can He Keep It? 2023-07-17T04:00:00Z Recent reports suggest those improvements have not helped Black workers in the labor market, however. Black Americans make up 90% of recent unemployment surge, but agency hesitant to call it a trend 2023-07-13T04:00:00Z The labor market is cooling and independent measures show rents on a downward trend. US consumer prices rise modestly in June; core inflation slowing 2023-07-12T04:00:00Z Many investors and analysts expect another slight increase in rates, with the labor market remaining tight. Inflation cooled to 3% annual rate in June 2023-07-12T04:00:00Z Last week, a jobs report hinted at a still-tight labor market. Futures edge up in cautious optimism ahead of inflation data 2023-07-12T04:00:00Z One answer is that in a tight labor market, employers are more willing to look at marginalized groups, many of whose members turn out to be perfectly capable of productive employment. Debunking the 'Americans are lazy' myth | Paul Krugman 2023-07-11T04:00:00Z “It’s still clearly a very strong labor market with very good jobs growth,” Williams said, adding that in terms of labor force participation rates he sees no weakness. Fed's Williams says central bank is not done with rate rises - FT 2023-07-11T04:00:00Z Nevertheless, inflation remains well above the Fed's 2% target, with the labor market still tight. US consumer prices rise modestly in June; core inflation slowing 2023-07-12T04:00:00Z But their view on the labor market was mixed. NY Fed survey finds waning near-term inflation expectations 2023-07-10T04:00:00Z Last week’s bond market storm calmed somewhat on Monday, but the interest rate horizon now relies heavily on evidence of more disinflation given economic activity and the labor market are holding up so well. Marketmind: Bruised bonds relying on disinflation 2023-07-10T04:00:00Z The United States is enjoying a remarkable and durable period of tight labor markets. A Tight Labor Market Could Quell Poverty, but Eligibility Rules Threaten Those Gains 2023-07-07T04:00:00Z It was the 30th consecutive month of gains in American payrolls, but the June figure represented a continued cooling of the labor market. Against the Odds, the U.S. Economy Chugs Along, as Fears Linger 2023-07-07T04:00:00Z "It's not like this is a sudden vast improvement in the labor market." Instant View: June US jobs growth cools, but wages won't comfort Fed 2023-07-07T04:00:00Z Friday’s jobs report probably did little to change policymakers’ minds about the current state of the labor market. The June Payrolls Report Probably Doesn’t Change Much for the Fed 2023-07-07T04:00:00Z But it still points to a durable labor market that also features a historically high number of advertised openings. U.S. slowed hiring but still added a solid 209,000 jobs in June in sign of economy’s resilience 2023-07-07T04:00:00Z If we want this tight labor market to pull the maximum number of people out of poverty, our social policies need to reinforce the effort low wage workers are making to be more self-sufficient. A Tight Labor Market Could Quell Poverty, but Eligibility Rules Threaten Those Gains 2023-07-07T04:00:00Z Elsewhere, the labor market seems to be running red hot. on Thursday, data from the payroll processor ADP showed another surge in hiring, particularly in the leisure and hospitality sector. Why a Strong Jobs Report Could Rattle the Markets 2023-07-07T04:00:00Z “Other areas of the report also continue to point to incredible labor market tightness.” Instant View: June US jobs growth cools, but wages won't comfort Fed 2023-07-07T04:00:00Z How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market. Fed watchers will parse this jobs report closely. 2023-07-07T04:00:00Z European equities took a hit on Thursday after private payrolls in the United States surged far more than expected in June, suggesting the labor market remained solid despite growing risks of a recession. European shares inch lower ahead of US jobs report 2023-07-07T04:00:00Z Tight labor markets accelerate wage growth of this kind, but cliff effects ensure they lose far more in benefits than they gain in wages. A Tight Labor Market Could Quell Poverty, but Eligibility Rules Threaten Those Gains 2023-07-07T04:00:00Z While a sturdy U.S. labor market keeps the economy out of a long-feared recession, it could also push the Federal Reserve to keep interest rates higher for longer in its campaign to defeat high inflation. Stock market today: Asian shares fall as strong US data dash hopes for an end to rate hikes 2023-07-06T04:00:00Z Unexpected strength in the labor market, which showed private payrolls surged in June, sent the two-year U.S. Investors focused on June US jobs data after yields spike 2023-07-07T04:00:00Z She added that “inflation and the labor market evolving more or less as expected wouldn’t really change the outlook.” Fed watchers will parse this jobs report closely. 2023-07-07T04:00:00Z On Thursday, Lorie Logan, president of the Federal Reserve Bank of Dallas, suggested that persistently high inflation and “a stronger-than expected labor market” mean that borrowing costs will need to go still higher. US jobs report likely to show a solid gain, potentially complicating Fed’s drive to cool inflation 2023-07-06T04:00:00Z The labor market has remained unbowed despite the Fed delivering 500 basis points worth of rate hikes since March 2022 when it embarked on its fastest monetary policy tightening campaign in more than 40 years. Slower, still strong US job growth expected in June 2023-07-07T04:00:00Z While a sturdy labor market keeps the economy out of a long-expected recession, it could also push the Federal Reserve to keep interest rates higher for longer in its campaign to defeat high inflation. How major US stock indexes fared Thursday 7/6/2023 2023-07-06T04:00:00Z The report shows that the labor market is maintaining ample opportunities for workers, but it is losing momentum. Job Openings Dipped in May, a Sign of Continued Cooling 2023-07-06T04:00:00Z Fed officials predicted in June that they would raise interest rates twice more this year — assuming they move in quarter-point increments — and that the labor market would soften, but only slightly. Fed watchers will parse this jobs report closely. 2023-07-07T04:00:00Z Ms. Richardson compared the labor market to a game of musical chairs: When the economy began to recover from pandemic shutdowns, workers were able to move between jobs freely. The ‘Great Resignation’ Is Over. Can Workers’ Power Endure? 2023-07-06T04:00:00Z A Conference Board survey last month showed consumers' perceptions of the labor market more upbeat in June relative to May. Slower, still strong US job growth expected in June 2023-07-07T04:00:00Z Job openings remain high by historic standards despite the Federal Reserve’s aggressive campaign to cool the American labor market and slow the economy to combat inflation that last year hit four-decade highs. U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market 2023-07-06T04:00:00Z Policymakers at the Federal Reserve have worried about the strength of the labor market as they continue to tackle stubbornly high inflation. Job Openings Dipped in May, a Sign of Continued Cooling 2023-07-06T04:00:00Z Investors widely expect Fed officials to raise interest rates at their July meeting, and the strength of the labor market could help to shape the outlook after that. Fed watchers will parse this jobs report closely. 2023-07-07T04:00:00Z The strong postpandemic labor market, he said, gave him the confidence to keep changing jobs until he found one that worked for him. The ‘Great Resignation’ Is Over. Can Workers’ Power Endure? 2023-07-06T04:00:00Z With the labor market still tight and inflation elevated, the U.S. central bank is expected to resume raising rates this month after skipping in June. U.S. service sector picks up in June; inflation gradually slowing - ISM survey 2023-07-06T04:00:00Z Migrants from abroad have long been an expanding part of the U.S. labor market, offsetting an aging population and other drags on growth. Wave of Ukrainian women fuels record surge in immigrant employment 2023-07-06T04:00:00Z The labor market has remained resilient amid the Fed’s efforts to slow down the economy but has shown signs of cooling in recent months. Job Openings Dipped in May, a Sign of Continued Cooling 2023-07-06T04:00:00Z Claims, relative to the size of the labor market, are below the 280,000 level that economists say would signal a significant slowdown in job growth. US weekly jobless claims rise moderately; layoffs drop in June 2023-07-06T04:00:00Z The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve’s attempt to cool the labor market by raising interest rates. More Americans apply for jobless benefits, but layoffs are not rising significantly 2023-07-06T04:00:00Z And despite all the news about layoffs, the economy and labor market are still strong overall. Did you get laid off? Start making these money moves right now 2023-07-06T04:00:00Z The labor market has remained strong despite the 500 basis points worth of interest rate hikes from the Federal Reserve since March 2022 as the U.S. central bank tries to cool inflation. US layoffs fall to seven-month low in June, report says 2023-07-06T04:00:00Z And despite a vibrant labor market, he struggled to piece together a living, finding employers hesitant to offer him full-time work that paid enough to cover his bills. Ex-Prisoners Face Headwinds as Job Seekers, Even as Openings Abound 2023-07-06T04:00:00Z A survey last month showed consumers' views of the labor market more upbeat in June relative to May. US weekly jobless claims rise moderately; layoffs drop in June 2023-07-06T04:00:00Z Claims for unemployment insurance — which represent data collected by states, not the federal government — also point to a still-solid labor market. Biden vs. the Bad News Bros | Paul Krugman 2023-07-05T04:00:00Z But services inflation, which is now the main focus, has remained sticky largely because of stronger wage growth from a tight labor market, as well as higher rents for housing. U.S. manufacturing extends slump in June - ISM survey 2023-07-03T04:00:00Z Treasury Secretary Janet Yellen said on Friday that the U.S. economy is on a path to maintain a strong labor market while reducing inflation, even if the economy cools a bit more. Yellen sees strong job market, lower inflation, even as US economy cools 2023-06-30T04:00:00Z That ratio has dropped as the Fed's rate hikes have slowed labor market demand. Explainer: The Fed's rate policy path, and what the data says 2023-06-30T04:00:00Z Persistent labor market strength was underscored by a separate report on Thursday from global outplacement firm Challenger, Gray & Christmas showing U.S.-based employers announced 40,709 job cuts in June, down 49% from May. US weekly jobless claims rise moderately; layoffs drop in June 2023-07-06T04:00:00Z Consumer spending remains underpinned by strong wage gains in a tight labor market. US consumer spending edges up in May; inflation still high 2023-06-30T04:00:00Z “We know that normally the labor market is the last shoe to drop,” Roger Aliaga-Díaz, Vanguard’s chief economist for the Americas, said. Wall St. Foresees a Rosy 6 Months. Corporate America Isn’t So Sure. 2023-06-30T04:00:00Z Claims, relative to the size of the labor market, are well below the 280,000 level that some economists say would signal a significant slowdown in job growth. US weekly jobless claims fall; first-quarter GDP revised higher 2023-06-29T04:00:00Z “Skills-based hiring is the great white whale, the holy grail of the labor market,” said Joseph Fuller, management professor at Harvard Business School. LinkedIn bets on skills over degrees as future labor market currency 2023-06-29T04:00:00Z Though policymakers viewed the labor market as remaining "very tight," they "anticipated that employment growth would likely slow further." US weekly jobless claims rise moderately; layoffs drop in June 2023-07-06T04:00:00Z The good news: Powell and his counterparts, including Andrew Bailey, the Bank of England governor, said that a strong labor market was keeping their countries out of recession — for now. What’s Behind Kennedy’s Popularity With Silicon Valley Moguls 2023-06-29T04:00:00Z “We’re going to see the positive results first for Mexican workers because Mexico is undergoing a massive, comprehensive, ambitious labor market reform,” she said. North American trade pact on 3rd anniversary: Optimism is rising for US and Mexican workers 2023-06-29T04:00:00Z And to the surprise of labor market experts, construction companies are also still adding workers despite higher borrowing rates, which often discourage residential and commercial building. Is it a ‘richcession’? A ‘rolling recession’? Maybe no recession? 2023-06-28T04:00:00Z But on Wednesday, Federal Reserve Chairman Jerome Powell warned the aggressive campaign would continue because of a strong labor market. Biden leans into 'Bidenomics' to boost his economic message ahead of 2024 2023-06-28T04:00:00Z |
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