Employers Added 143,000 Jobs in January
WASHINGTON — U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025.
Trump’s Potential Tariffs Are a Wild Card for US Economy
Tariffs that President Donald Trump plans to slap on imports from Canada and Mexico as soon as this weekend could drive up the price of gasoline, pickup trucks, avocados and more.
Economy Grows Solid 2.3% From October to December
WASHINGTON — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
CHIPS Act Will Ramp Up Production, but Report Cites Costs
WASHINGTON — The 2022 CHIPS and Science Act will “sharply increase production’’ of semiconductors in the United States. But it will do so at a high cost, concludes a report.
US Added a Strong 256,000 Jobs in December
WASHINGTON — U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates.
Dockworkers Reach Tentative Agreement With Ports, Shippers
U.S. longshoremen reached a contract agreement with ports and shippers Jan. 8, averting a potential strike that could have damaged the American economy.
Wholesale Inflation Accelerated in November
WASHINGTON — Wholesale costs picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak of two years ago.
US Added a Strong 227,000 Jobs in November
WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month.
Storms and Strikes Hold New Jobs to Just 12,000 in October
WASHINGTON — America’s employers added just 12,000 jobs in October, a total economists say was held down by the effects of strikes and hurricanes that left many temporarily off payrolls.
Economy Grows at Solid 2.8% Pace on Strong Consumer Spending
WASHINGTON — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.