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Strong Job Growth in January is a Boost for Biden
Posted inBiden, Joseph R Jr Federal Reserve System Hiring and Promotion Labor and Jobs Speeches and Statements United States Economy United States Politics and Government

Strong Job Growth in January is a Boost for Biden

President Biden has for months pointed to solid hiring trends as evidence that his agenda has rebuilt the economy after the pandemic shutdowns.
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Posted by By Zolan Kanno-Youngs
U.S. employers added 517,000 jobs in January.
Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries

U.S. employers added 517,000 jobs in January.

The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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Posted by By Sydney Ember
Amazon Reports Almost No Profit and Slowing Growth
Posted inCompany Reports Delivery Services E-Commerce Inflation (Economics) Jassy, Andrew R Labor and Jobs United States Economy

Amazon Reports Almost No Profit and Slowing Growth

The company indicated the slowing growth and tight margins would continue in the first three months of this year.
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Posted by By Karen Weise
U.S. Survey Shows an Uptick in Job Openings, and Not in Layoffs
Posted inHiring and Promotion Labor and Jobs Labor Department (US) Layoffs and Job Reductions United States Economy

U.S. Survey Shows an Uptick in Job Openings, and Not in Layoffs

The Labor Department found a rise in the number of posted jobs per worker in December, despite the Fed’s efforts to cool the labor market.
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Posted by By Lydia DePillis

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