WASHINGTON — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion. Friday’s snapshot from the...
US Adds 136K Jobs, Unemployment Dips to 5-Decade Low
WASHINGTON — The U.S. economy added a modest 136,000 jobs in September, a gain that managed to help lower the unemployment rate to a new five-decade low of 3.5% but also suggested rising caution among employers. The additional hiring and the drop in the jobless rate will likely ease worries...
US Consumer Confidence Dips Slightly in August
WASHINGTON — Consumer confidence dipped slightly in August after a big rebound in July. The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November. Economists had...
US Consumer Confidence Dips Slightly in August
WASHINGTON — Consumer confidence dipped slightly in August after a big rebound in July. The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November. Economists had...
US Consumer Confidence Dips Slightly in August
WASHINGTON — Consumer confidence dipped slightly in August after a big rebound in July. The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November. Economists had...
Alan Kreuger, 58, Economist for Obama and Clinton, Takes Own Life
Alan Krueger, a groundbreaking Princeton University economist who served as a top adviser in two Democratic administrations and was an authority on the labor market, has died, according to a statement from the university Monday. The economist took his own life during the weekend, according to a separate statement from...
Jobs Report: Wages Up, Unemployment Dips to 3.8%
WASHINGTON — Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month's weak gain came after...
Survey of Economists: US Sales and Hiring Likely to Grow
DETROIT (AP) — Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. But a majority of the economists surveyed by the National Association for Business Economics say the corporate tax cuts that the Trump administration pushed through...