Bookmark BusinessFederal Reserve SystemGeneral NewsJobs and careersJulie SuLaborMaineNorth AmericaRecessions and depressionsSouth DakotaU.S. Department of Labor Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession by Joshua Brown August 6, 2023 August 6, 2023 July job growth weaker than expected, but steady US market may avert recession. Resilient despite interest rate hikes.
Bookmark BusinessGeneral NewsInflationJobs and careers June’s Cooler Hiring Could Aid Fed’s Pursuit of a ‘Soft Landing’ for US Economy by Andrew Wright July 9, 2023 July 9, 2023 June’s cooler hiring suggests a ‘Goldilocks’ scenario for the US economy, aiding the Fed’s pursuit of a ‘soft landing’ amidst lower inflation pressures.
Bookmark BusinessFederal Reserve SystemGeneral News US Adds 209,000 Jobs in June, Demonstrating Resilient Economy by Andrew Wright July 7, 2023 July 7, 2023 US adds 209k jobs in June, showcasing a resilient economy. Despite a hiring slowdown, the unemployment rate falls to 3.6%. Wage growth and consumer spending remain strong.
Bookmark BusinessFederal Reserve SystemGeneral NewsInflation US Jobs Report Indicates Strong Growth, Poses Challenges for Fed’s Inflation Control Efforts by Michael Nguyen July 7, 2023 July 7, 2023 US jobs report shows solid growth, complicating Fed’s inflation control efforts. Economy resilient despite rate hikes, raising concerns.
Bookmark BusinessGeneral NewsJobs and careersU.S. NewsWashington news Possible rewrite: “Potential Slowdown in Hiring: US Jobs Report for May Indicates Cooling Demand for Workers due to Fed Rate Hikes” by Ryan Lee June 2, 2023 June 2, 2023 Title: US Jobs Report for May: Slower Hiring Expected as Fed Rate Hikes Cool Demand for Workers Subheadings: Analysts project slower job growth in May Economists forecast a decline in …