The U.S. labor market once again surprised economists with its strength, adding more than 300,000 jobs in March, with some key sectors continuing to boost growth. Health care and social assistance were the sectors with the most employment gains – a common theme in recent years – with the creation of 81,300 jobs. Government and…
Another month, another rise in better-than-expected employment gains. Employers added a seasonally adjusted 303,000 jobs in March, the Labor Department reported Friday, and the unemployment rate fell to 3.8 percent from 3.9 percent in February. Expectations of a recession that were once widespread among experts are now becoming increasingly rare. It was the 39th consecutive…
Das bevorstehende Importverbot der Europäischen Union im Zusammenhang mit der Entwaldung wurde als „Goldstandard“ in der Klimapolitik gefeiert: ein sinnvoller Schritt zum Schutz der Wälder der Welt, die dazu beitragen, die Treibhausgase, die den Planeten zerstören, aus der Atmosphäre zu entfernen. Das Gesetz verlangt von Händlern, die Herkunft einer atemberaubenden Vielfalt von Produkten zurückzuverfolgen –…
The Federal Reserve is considering when and by how much to cut interest rates, and Friday’s jobs report will give policymakers an update on how the economy is performing before their next policy meeting. Fed officials are meeting on March 19 and 20 and are widely expected to leave interest rates unchanged at that meeting….
When the economy slows, no one has told the job market. The Labor Department reported Friday that employers added 275,000 jobs in February, another month that exceeded expectations even as the unemployment rate rose. It was the third straight month of gains above 200,000 and the 38th straight month of growth – new evidence that…
A worker restocks shelves at a CVS Pharmacy on February 7, 2024 in Miami, Florida. Joe Raedle | Getty Images U.S. job growth likely slowed in February but is far from stalling as business demand for workers continues. When the Labor Department releases its nonfarm payrolls report at 8:30 a.m. ET on Friday, Dow Jones…
People work at a restaurant at Chelsea Market in Manhattan on February 2, 2024 in New York City. Spencer Platt | Getty Images Private sector job growth improved in February, although growth was slightly lower than expected, payroll company ADP reported on Wednesday. Companies added 140,000 positions this month, up from the upwardly revised 111,000…
Before the pandemic shut down everyday life, Joe Kiele made a living in the industry that dominates Nevada’s economy. He waited tables at a steakhouse in a casino in Reno. Four years later, Mr. Kiele, 49, remains in Reno, but now he spends his workdays in a factory. Instead of worrying about whether a customer’s…
The sweeping tariffs imposed by former President Donald J. Trump on China and other American trading partners were simultaneously a political success and an economic failure, a new study finds. That’s because the levies won over voters to the Republican Party even though they didn’t bring back jobs. The bipartisan working paper examines monthly data…
Private payroll growth fell sharply in January, a possible sign that the U.S. labor market is headed for a slowdown this year, ADP reported Wednesday. According to the payroll company, companies hired 107,000 new workers in the first month of 2024, down from the downwardly revised 158,000 in December and below the Dow Jones estimate…
