Wages and Salaries – Page 93

Strong hiring hints at more work ahead for the Fed, but wages cool.

The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.

By Jeanna Smialek

Federal 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.

By Sydney Ember

Federal 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.

By Sydney Ember

Federal Reserve System Inflation (Economics) Labor and Jobs United States Economy Wages and Salaries

U.S. Wages Grew More Slowly Than Expected Late Last Year

The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more slowly.

By Jeanna Smialek