Robust job growth in March suggests that the labor market remains relatively healthy, allowing officials at the central bank to focus on fighting inflation.
Category: United States Economy
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Strong Jobs Numbers Make the Fed’s Job Easier
The New York Times – Business: -
Economists Are Drawing Stronger Connections Between A.I. and Jobs
The New York Times – Business:Artificial intelligence hasn’t disrupted the labor market, economists say, but they are increasingly convinced that it will — and that policymakers are unprepared.
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Jobs and Workers Are In Balance. Nobody Is Happy About It.
The New York Times – Business:Lower immigration has brought labor supply in line with shaky demand, but economists worry that such a slow-moving job market is at risk of toppling over.
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Rival Nations Seize On Choke Points to Counter Trump
The New York Times – Business:From Iran to China, President Trump’s global aggression has encouraged other countries to search for new ways to pressure the U.S. economy.
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Mortgage Rates Climb for 5th Week as Iran War Weighs on U.S. Housing Market
The New York Times – Business:The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.
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Why Trump’s Iran Address Failed to Soothe Markets
The New York Times – Business:Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
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The Trump Effect at the Pump as Gas Hits $4 a Gallon
The New York Times – Business:The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
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Iran War’s Latest Economic Toll: Oil at $115 a Barrel
The New York Times – Business:Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.
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Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The New York Times – Business:The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
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Why College Graduates Feel Betrayed
The New York Times – Business:Their anger goes far beyond the recent rise of unemployment and the looming threat of A.I.