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Why are there so few workers for so many open jobs? It's one of the biggest mysteries about the U.S. economy and helps explain why a big labor shortage is adding to high inflation.
Market reaction: The Dow Jones Industrial Average and S&P 500 rose in Wednesday trades. Jobless claims decline and ease labor-market worries. For now.© Anna Rose Layden/Getty Images ...
My InsiderSamuel Tombs, Chief US economist at Pantheon Macroeconomics, sees a labor market struggling with softening hiring and an accelerating trend of downward revisions. In May, 139,000 jobs ...
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell last week, but stayed at levels consistent with a further loss of labor market momentum in June ...
That's a really good question. I think we have to wait probably until fall to see how the labor market is. You just get the sense that the economy is softening. It's not decisively softening, but ...
The U.S. and U.K. labor markets have moved almost in lockstep the last three years — and now the British employment situation is definitively worsening. The U.K. Office for National Statistics ...
The challenges the Class of 2025 face in securing a job provide a glimpse at the troubles brewing under a still relatively strong labor market—and how they could spill over into the broader ...
U.S. stock markets closed higher on Thursday as market participants weighed the outcome of the U.S.-China trade talks. A softer-then-expected key inflation data and a weak labor market data ...
Tasmanian Labor says it is consulting on what the "right approval process" is for the Macquarie Point stadium, suggesting it may walk back support for the fast-track process proposed by the ...
The Federal Reserve's path to interest rate cuts starting in September appeared to widen on Thursday, after a pair of government reports pointed to cooler inflation and signs of potential ...