unemployment rate

Federal Reserve expected to limit rate-cutting plans due to persistent high inflation

Economists are divided over how many interest-rate cuts Federal Reserve officials will signal for 2024 at their policy meeting next…

10 months ago

Stocks fluctuate following better-than-expected jobs report

US stocks wobbled on Friday as investors digested a stronger-than-expected jobs report that could impact interest-rate cuts. The S&P 500…

10 months ago

May sees higher than expected job growth in US economy despite slight increase in unemployment rate

The US labor market defied expectations in May, adding 272,000 nonfarm payroll jobs, surpassing economists' predictions of 180,000. Despite the…

10 months ago

Despite a Strong Economy, Americans are Feeling Concerned about Inflation

Americans despise inflation, and a recent pair of studies delved into the reasons behind this sentiment. Despite the Federal Reserve's…

11 months ago

April employment data reveals sluggish hiring and wage growth, with unexpected increase in unemployment

The US labor market experienced a notable slowdown in April, with hiring and wage growth falling short of economists' expectations.…

11 months ago

Renowned forecaster warns that US economy is mirroring China’s reliance on debt amid recession

Veteran forecaster Danielle DiMartino Booth warns that the US economy is already in a recession, mirroring China's growing debt burden.…

11 months ago

Mortgage holders advised to prepare for increase in interest rates: Critics say RBA’s strategy is ineffective

Homeowners in Australia are bracing themselves for potential financial strain as the Reserve Bank of Australia (RBA) has hinted at…

12 months ago