U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.
Category: Labor Department (US)
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U.S. Added 216,000 Jobs in December, Outpacing Forecasts
Hiring has throttled back from 2021 and 2022, but was impressive last year by longer-term standards.
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What Investors and the Fed Will Look For in the Jobs Report
All eyes will be on the latest nonfarm payrolls data scheduled for release on Friday. Here’s what to look out for.
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U.S. Job Growth Holds Up as Economy Gradually Cools
Interest rate increases have taken the edge off labor demand, but unemployment dipped in November, and wages rose more than expected.
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U.S. Job Openings Dropped in October
The number of openings fell to 8.7 million from 9.3 million in September, the Labor Department said, a sign of continued cooling in the labor market.
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JOLTS Report Shows Job Openings Rose in August
The report from the Labor Department is the latest reading on how the economy is withstanding the escalation of interest rates.
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Tyson and Perdue Are Facing Child Labor Investigations
The Labor Department has opened inquiries into whether migrant children were working inside slaughterhouses owned by the poultry-processing giants.
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Investors Feel Anxious Despite Falling Odds of a Recession
Some economists are playing down the chances of an economic downturn. But investors and voters aren’t feeling nearly as optimistic.
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Wages Rose Only 0.2% in August, Easing Inflation Fears
The August increase was the smallest since early last year, a welcome sign for Federal Reserve policymakers.
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Labor Department Proposes Vast Expansion of Overtime Eligibility
The Biden administration seeks a threshold of about $55,000 in annual pay under which salaried workers must get overtime, up from $35,500.