The US labour market seems to have stabilised: The economy added 172,000 jobs in May, exceeding expectations, according to new data from the Bureau of Labour Statistics released on Friday. The latest jobs report offered some reassurance regarding the stabilisation Read More …
The labour market may be awakening from its dormancy. Economists anticipate that Friday’s jobs report will indicate an addition of 105,000 jobs to the US economy in May, with the unemployment rate remaining stable at 4.3%. If Friday’s monthly total Read More …
On paper, the job market appears quite robust. The 4.3% unemployment rate stands below the 10-year average of 4.6% and the 50-year average of 6.1%. For the second consecutive month, the official government count of jobs added exceeded the forecasts Read More …
The major U.S. index futures indicate a higher opening on Friday, suggesting that stocks are poised to rebound after experiencing downward pressure in the prior session. The futures advanced more decisively into positive territory following the Labor Department’s release of Read More …
When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions. If so, that’s roughly one-third of the 178,000 jobs created in March. While in comparison the April total Read More …
AI-driven job losses may not only complicate the immediate employment prospects for affected workers but could also result in prolonged “scarring,” characterized by diminished income, postponed homeownership, and a reduced likelihood of marriage, as indicated by a recent research report. Read More …
The most recent employment report indicated that the US economy probably created 178,000 jobs in March, significantly exceeding forecasts. The unemployment rate has decreased to 4.3%. Predictions indicated it would remain stable at 4.4% or potentially increase to 4.5%. Health Read More …
In February, American consumers increased their expenditures at retail establishments, reversing a trend of three consecutive months of decline. This development indicates that the US consumer remains resilient despite the challenges posed by sluggish job growth and subdued consumer sentiment. Read More …
President Donald Trump delivered a fervent defense of the US economy in his State of the Union address on Tuesday night. “Inflation is declining sharply, while incomes are increasing rapidly.” The economy is experiencing unprecedented growth. Without exaggeration, he is Read More …
At first glance, the Trump administration’s approach to immigration and employment appears to be straightforward arithmetic: the removal of a segment of the workforce necessitates that employers rely on the remaining labor pool within the United States to fill those Read More …