This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy […]
Employers picked up the hiring pace in November, shaking investors’ confidence in the Federal Reserve’s likelihood of cutting interest rates in 2024. November job gains grew faster than expected, posting an increase of 199,000 jobs […]
(Reuters) – Wall Street and global stocks edged up on Monday while oil prices gained and the dollar was little changed, as traders looked ahead to corporate earnings and a key employment report due this […]
The U.S. labor market has been on a tear since the economy bounced back from the pandemic, with employers adding 5.6 million jobs since the start of 2022 alone. Despite a wave of layoffs in technology and […]
MILWAUKEE (CBS 58) — Many workers in the Milwaukee area have spent much of the past three years working remotely from home, or perhaps a hybrid situation where office attendance has been slowly returning to […]
If you don’t quite know how to feel about the U.S. economy at the moment, you’re not alone. The highest inflation rates in four decades have caused U.S. consumers to turn sour on how they view their […]
Federal Reserve chair Jay Powell has warned that the US central bank might have to raise interest rates more than investors expect because it will probably take a “significant period of time” to tame inflation […]
The labor market started off in 2023 with a bang, which could mean trouble for the housing market as the Federal Reserve continues to try and bring inflation under control this year. Total nonfarm payroll […]
Let’s first state the facts regarding our country’s wonderful week in labor data. Job openings are over 11,000,000 Jobless claims are under 200,000. The unemployment rate in America is 3.4%. When we look at the […]
Wells Fargo cut over a hundred jobs in its mortgage division this week following its decision to exit the correspondent channel and shrink its servicing portfolio. A Worker Adjustment and Retraining Notification (WARN) filed in Illinois […]
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