Fed’s Bowman Urges Swift Rate Cuts to Support Jobs Amid Weak Labor Market
Federal Reserve Governor Michelle Bowman said policymakers are in danger of falling behind the curve and need to…
China Job Market Woes Spread at Worst Time for Deflation Fight
China’s labor market is deteriorating just as deflationary pressures showed initial signs of easing, threatening to reverse progress…
What jobs will AI replace, and which are safe?
Artificial intelligence and outsourcing are rapidly reshaping the workforce, forcing employers and employees alike to ask a pressing…
NZ Government’s Economic Stewardship Challenged by Big GDP Slump
New Zealand Prime Minister Christopher Luxon and Finance Minister Nicola Willis are facing questions about their stewardship of…
As Youth Unemployment Hits New High, China Waxes Nostalgic for the “Boom Years”
China’s National Bureau of Statistics published new data on Wednesday showing that urban youth unemployment rose to a…
Accounting for City Size, Minimum Wages Reduce Jobs Almost Everywhere
In new research, Priyaranjan Jha, Jyotsana Kala, David Neumark, and Antonio Rodriguez-Lopez find that studies arguing higher minimum…
Stock Market Today: Dow, S&P Live Updates for September 18
US equity-index futures advanced in early Asian trading, in a sign of renewed risk sentiment following the Federal…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
Bond Traders Boost Bets on Half-Point Fed Rate Cuts by Year-End
Bond traders are stepping up options wagers that the Federal Reserve will deliver at least one half-point interest-rate…
Fed Rate Cut to Mark Pivot Toward Job Market: Decision-Day Guide
Federal Reserve officials are expected to backstop a faltering US labor market by lowering interest rates Wednesday, marking…
Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest…
Glass Half Full For Slowing Labor Market
Over the past several months, the health of the labor market has emerged as a key debate for…