The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
Category: Labor and Jobs
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What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
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A Maine Resort Town Feels the Pressure of Trump’s Immigration Crackdown
Wells, like many U.S. tourist spots that rely on foreign labor, is fearful of immigration raids. The local police department’s agreement to collaborate with federal agents only adds to the anxiety.
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Trump’s Immigration Crackdown Hits Senior Care Work Force
Nursing homes and home care agencies have lost workers as the Trump administration has moved to end deportation protections for migrants with temporary legal status.
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Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
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Despite Dire Warnings, the Economy Is Holding Up. Can That Last?
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t sure how long.
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The Collateral Damage of Federal Work Force Cuts: Summer Interns
At the very beginning of their professional lives, some young people have had their summer plans derailed by the Department of Government Efficiency.
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Your Job Interviewer Is Not a Person. It’s A.I.
You thought artificial intelligence was coming for your job? First, it’s coming for your job interviewer.
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Hiring Held Steady in June as Employers Added 147,000 Jobs
The strength of the labor market suggests that the economy remains robust despite uncertainty caused by President Trump’s tariffs and geopolitical turmoil.
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Solid Jobs Report Keeps Fed Rate Cuts at Bay
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite pressure from President Trump.
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The Summer Job, a Rite of Passage for Teens, May Be Fading Away
As businesses face economic uncertainty, seasonal work is harder to find, pushing the unemployment rate for teenagers above 13 percent.