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US Employers Added 223,000 jobs in December

Biden, Joseph R Jr Consumer Behavior Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Recession and Depression Unemployment United States Economy Wages and Salaries

US Employers Added 223,000 jobs in December

The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.

By Lydia DePillis

U.S. employers added 223,000 jobs in December.

Federal Reserve System Hiring and Promotion Labor and Jobs Labor Department (US) Recession and Depression Unemployment United States Economy Wages and Salaries

U.S. employers added 223,000 jobs in December.

Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.

By Lydia DePillis

Even a Soft Landing for the Economy May Be Uneven

Inflation (Economics) Layoffs and Job Reductions Prices (Fares, Fees and Rates) Recession and Depression Small Business Unemployment United States Economy Wages and Salaries

Even a Soft Landing for the Economy May Be Uneven

Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.

By Talmon Joseph Smith

For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust

Banking and Financial Institutions Bonuses Executive Compensation Goldman Sachs Group Inc Jefferies Group Inc JPMorgan Chase & Company Layoffs and Job Reductions Recession and Depression Two Thousand Twenty Three Two Thousand Twenty Two United States Economy

For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust

There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.

By Maureen Farrell Lauren Hirsch and Anupreeta Das