Government, Business

Hiring Stayed Solid in September, but Trucking Sheds 11,400 Jobs

WASHINGTON — America’s employers slowed their hiring in September but still added a solid 263,000 jobs — a dose of encouraging news that may mean the Federal Reserve’s drive to cool the job market and ease inflation is starting to make progress. Trucking however saw a sizable decline in truck transportation payrolls. 

Paul Wiseman | Associated Press
October 7, 2022
Government, Business

Economy Drops at 0.6% Annual Rate From April Through June

WASHINGTON — Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June, the government announced Sept. 29, unchanged from its previous second-quarter estimate.

Paul Wiseman | Associated Press
September 29, 2022
Government, Business

Inflation Eases as Consumer Prices Rise 6.3% in July

WASHINGTON — Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked.

Paul Wiseman | Associated Press
August 26, 2022
Government, Business

Employers Added 528,000 Jobs in July

WASHINGTON — America’s hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession.

Paul Wiseman | Associated Press
August 5, 2022
Government, Business, Logistics

US Economy Shrank 0.9% Last Quarter, Its 2nd Straight Drop

WASHINGTON — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

Paul Wiseman | Associated Press
July 28, 2022
Government, Business

Key Inflation Gauge Remains a High 6.3%

WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.

Paul Wiseman | Associated Press
June 30, 2022
Government, Business

Economy Slipped 1.6% to Start Year

WASHINGTON — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year, the government reported June 29 in a slight downgrade from its previous estimate for the January-March quarter.

Paul Wiseman | Associated Press
June 29, 2022
Government, Business

Economy Shrank by 1.5% in Q1 but Consumers Kept Spending

WASHINGTON — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported May 26 in a slight downgrade of its previous estimate for the January-March quarter.

Paul Wiseman | Associated Press
May 26, 2022
Government, Business

US Added 428,000 Jobs in April Despite Surging Inflation

WASHINGTON — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

Paul Wiseman | Associated Press
May 6, 2022
Government, Business

Jobless Claims Rise but Remain Near 50-Year Low

WASHINGTON — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.

Paul Wiseman | Associated Press
April 14, 2022