T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, ...
The US labor market cooled notably last month as both hiring and wage growth slowed more than economists had expected in ...
US job growth came in markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and ...
The US economy underperformed ... Health care led the growth of jobs in April, adding 56,000 jobs, while social assistance added 31,000 jobs. “There’s more work to do,” Biden said in his statement. “I ...
U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
Almost every month, economists expect the hot US labor market to start ... “While we still expect job growth to moderate this year, the ongoing strength of labor force growth — fueled mostly ...
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, ...
Higher-for-longer interest rates will deliver its inflation mandate but at what cost to growth? The Fed needs to spell out ...
The cooler-than-expected growth reported by the Commerce Department ... is being supported by a resilient labor market. U.S. Treasury Secretary Janet Yellen told Reuters in an interview that ...
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.