Hiring Slows to 235,000 Jobs After Two Strong Months
WASHINGTON — America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.
Powell Says Fed on Track to Slow Aid for Economy Later This Year
WASHINGTON — The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Aug. 27, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession.
Jobless Claims Near Pandemic Low as Economy Strengthens
WASHINGTON — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in consumer demand.
Consumer Prices Rose in July but at Slower Pace
WASHINGTON — Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation’s households.
Jobless Claims Rise to 419,000 From a Pandemic Low
WASHINGTON — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy.
Consumer Prices Surged in Past Year the Most Since 2008
WASHINGTON — American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply.
US Jobless Claims Tick Down to 411,000 as Economy Heals
The number of Americans applying for unemployment benefits dropped in the week ended June 19, a sign that layoffs declined and the job market is improving.
US Adds 559,000 Jobs in May
WASHINGTON — U.S. employers added 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.
US Employers Add 916,000 Jobs in March as Hiring Accelerates
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen.
Jobless Claims Fall to 684,000, Fewest Since Pandemic
WASHINGTON — The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.