Federal Reserve System – Page 126

U.S. Job Growth Eases, but Extends Its Streak

Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a toll. The unemployment rate fell to 3.5 percent.

By Lydia DePillis

Biden, Joseph R Jr Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Recession and Depression United States Economy United States Politics and Government

Latest Jobs Data Hints at a Slowdown That President Biden Needs

Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.

By Jim Tankersley

Biden, Joseph R Jr Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Recession and Depression United States Economy United States Politics and Government

Latest Jobs Data Hints at a Slowdown That President Biden Needs

Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.

By Jim Tankersley

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

The jobs numbers will factor into a complicated calculation for the Fed.

As central bankers contemplate whether to raise interest rates at their meeting in May, slowing hiring and wages may give them comfort.

By Jeanna Smialek