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Ten in-demand jobs with skyrocketing wage growth that will remain hot in 2024: analysts
The rates of growth that those top-ten jobs saw in their median pay in 2023 ranged from 18% to 24%.
Finding a new job is getting harder as open positions down more than 15%: Indeed data
Employers' hiring appetites are dwindling, as job postings were down more than 15% in 2023 compared to recent years, according to data courtesy of Indeed.
Job openings, number of workers quitting drop to lowest levels in 2 years
The number of people quitting their jobs — a sign of confidence in the job market — fell to its lowest level since February 2021.
US inflation rose 3.1% in November, stubbornly above Fed's target
US inflation rose 3.1% in November, stubbornly above the Federal Reserve's long-term target and bolstering the case for central bankers to keep interest rates at current levels this spring. The...
US adds higher-than-expected 199,000 jobs in November
Fresh data released by the Bureau of Labor Statistics on Friday also noted that wages were up 4% compared to a year ago, to $34.10.
US job openings drop to lowest level in more than two years
Despite dropping in October, job openings remain at historically high levels. They have now exceeded 8 million for 32 straight months — a threshold they had never reached before 2021.
Economists forecast 50% recession odds amid stark economic slowdown in 2024
Economists expect the US GDP to slow to just 1% between the fourth quarter of 2023 and the fourth quarter of 2024, according to a new survey.
US inflation eased to 3.2% in October, sparking bets that Fed is done hiking rates
US inflation rose 3.2% in October -- a slightly lower-than-expected number that gave relief to investors and raised hopes the Federal Reserve could done with its rate-hiking campaign. The Consumer...
Jerome Powell says Fed 'will not hesitate' to hike rates 'until the job is done'
Federal Reserve Chair Jerome Powell reiterated that the central bank has yet to reach its 2% inflation target on Thursday, making it clear that there is no definitive end to...
US adds 150,000 jobs in October, fewer than expected
The US economy added 150,000 jobs in October, proving that September's blowout payroll gains were only temporary as the Federal Reserve hedges on one more interest rate hike by the...
Job openings rise to 9.6M -- signaling strong market as layoffs fall
Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the US job market remains strong even as the Federal Reserve attempts...
Why Bidenflation defines Bidenomics — and voters will react in 2024
As the world burns and President Joe Biden’s inadequacies grow only more obvious, Democrats reassure themselves that voters next year will care most of all about domestic issues. And there,...
Biden confuses debt with deficit, blames press for grim economic news and claims a budget 'surplus' in White House rant
President Biden criticized the media Friday over the public's economic concerns and again mixed up the terms "debt" and "deficit."
US adds 336,000 jobs in September -- twice as many as expected -- raising odds for Fed hikes
The US economy added 336,000 jobs in September -- a surprising surge that raises the risk that the Federal Reserve will further tighten interest rates to tamp down inflation. The...
US inflation climbs more than expected in August as gas prices surge
US inflation rose a surprisingly stiff 3.7% in August as prices at the gas pump surged, adding pressure on the Federal Reserve as it weighs additional rate hikes this fall...
Over 70K daycares in danger of closing, putting jobs for US women at risk
By the end of the month, as many as 3.2 million children could be left without child care and as many as 232,000 workers could be out of a job.
Biden touts jobs report, ignores question of most Americans living paycheck-to-paycheck
Biden turned and walked back to the Oval Office as a journalist shouted: "Why are so many Americans living paycheck to paycheck?" The president did not answer.
US unemployment jumps unexpectedly to 3.8% as economy slows
The federal government said that the unemployment rate rose to 3.8%.
Jerome Powell tells us what we already know: Inflation 'remains too high'
Fed Chair Jerome Powell was hawkish in his comments on Friday that inflation is still too high, though he remained vague on whether more rate hikes are imminent.
500,000 jobs could disappear in dramatic revision of US government data: report
JPMorgan economist Daniel Silver predicts that the job market is 500,000 positions weaker than what the Bureau of Labor Statistics' originally reported, meaning there are 40,000 fewer jobs per month...