Private sector wage gains lift US labor costs in Q2, underlying trend benign
By Lucia Mutikani WASHINGTON, July 31 (Reuters) – U.S. labor costs increased slightly more than expected in the…
US weekly jobless claims increase to four-month high; worker productivity revised down
By Lucia Mutikani WASHINGTON, June 4 (Reuters) – The number of Americans filing claims for unemployment benefits increased…
The pig in the python: Baby Boomers are strangling the economy they built by refusing to move or retire
In 1974, New York Times humorist Russell Baker identified a “pig in the python” working its way through…
America’s productivity boom may have an unlikely hero: working from home
A Stanford professor said working from home may be driving America’s productivity boom. Nicholas Bloom said remote work…
America’s Productivity Boom May Have an Unlikely Hero: WFH
America has been experiencing a productivity boom for the past five years, and economists are debating what’s driving…
US labor market stable as layoffs remain low
By Lucia Mutikani WASHINGTON, May 7 (Reuters) – The number of Americans filing claims for unemployment benefits rose…
The US economy just added 178,000 jobs. One Fed official wouldn’t be alarmed if job growth stopped.
The labor market has been erratic to start 2026, creating over 100,000 jobs one month and then contracting…
US employment growth rebounded in March; unemployment rate falls to 4.3%
By Lucia Mutikani WASHINGTON, April 3 (Reuters) – U.S. job growth rebounded more than expected in March as…
Spring homebuying season is poised for ‘modest gains’. Will inflation and job market fears get in the way?
This spring is supposed to be when the housing market finally begins to thaw out of its three-year-long…
The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%
WASHINGTON (AP) — American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains…
Top analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability
Last summer, Bank of America Research predicted a “sea change” in the economy as companies showed increasing signs…
Most Jobs Added Last Month Came From a Single Sector
Health care isn’t just busy at the moment: It’s now doing the heavy lifting for America’s job…