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Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Posted inCoronavirus (2019-nCoV) Economics (Theory and Philosophy) Hiring and Promotion Labor and Jobs Layoffs and Job Reductions Recession and Depression Unemployment United States Economy

Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong

Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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Posted by By Ben Casselman
Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
Posted inConsumer Price Index Federal Reserve System Interest Rates United States Economy

Inflation Cooled in August, Keeping the Fed Poised to Cut Rates

Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.
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Posted by By Jeanna Smialek
Gas Prices Are Falling, a Win in Fight Against Inflation
Posted inChina Inflation (Economics) Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production United States United States Economy

Gas Prices Are Falling, a Win in Fight Against Inflation

A gallon of regular gasoline in August was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand.
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Posted by By Rebecca F. Elliott
Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired
Posted inCensus Bureau Children and Childhood Federal Aid (US) Food Insecurity Income Inflation (Economics) Poverty Prices (Fares, Fees and Rates) Tax Credits, Deductions and Exemptions United States Economy

Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired

More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.
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Posted by By Lydia DePillis

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