A worker at a restaurant at Grand Central Market in Los Angeles, California, US, on Thursday, Nov. 2, 2023. Eric Thayer | Bloomberg | Getty ImagesHiring in the private sector rose at a faster than expected pace in December, closing out a strong 2023 for the resilient U.S. jobs market,...
A job seeker visits a Job News USA career fair in Louisville, Kentucky, on June 23, 2021. A new Kentucky law cuts the maximum duration of unemployment benefits by more than half, to 12 weeks, during periods of low unemployment.Luke Sharrett | Bloomberg | Getty ImagesDemand for workers fell...
A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer to the central bank's goal.The core personal consumption expenditures price index, which excludes volatile food and energy prices, increased 0.1% for the month, and was up 3.2% from a year ago, the Commerce Department...
Consumers showed unexpected strength in November, giving a solid start to the holiday season as inflation showed signs of continued easing.Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%, the Commerce Department reported...
Wholesale prices were flat in November, providing a leading indicator that inflation is easing, the Labor Department reported Wednesday.The producer price index, which measures a broad range of prices on final demand items, was unchanged for the month, following a 0.4% decrease in October but less than the Dow...
Prices across a broad range of goods and services edged higher in November as energy prices declined, providing hope that inflation could be on a lower trajectory.The consumer price index, a closely watched inflation gauge, increased 0.1% in November, and was up 3.1% from a year ago, the Labor...
A UPS seasonal worker delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023.Stephanie Keith | Bloomberg | Getty ImagesNovember's solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the runway a...
Job creation showed little signs of a let-up in November, as payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy.Nonfarm payrolls rose by a seasonally adjusted 199,000 for the month, slightly better than the 190,000 Dow Jones estimate and ahead of...
Amazon workers deliver packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty ImagesAt a time when the economy is supposed to be slowing, Friday's jobs report is expected to show that employers actually picked up the hiring pace in November.Not...
A postal worker wearing a Santa hat, sorts through mail and packages during a media tour hosted by the US Postal Service at the Los Angeles Processing and Distribution Center, the largest in the country, equivalent to 29 football fields, on November 30, 2023. Frederic J. Brown | AFP |...