U.S. Job Market Eases, but Hiring Remains Firm
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
Employers added 175,000 jobs in April, a milder pace than in the winter months, though layoffs have remained low and most sectors appear stable.
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.
North Carolina’s Triad was built on tobacco, textiles and furniture. Now it’s trying to forge a new economy from more highly skilled manufacturing.
Ben Houchen, a regional mayor in the north of England, faces a close re-election race, partly thanks to the broader troubles of Britain’s Conservative Party.
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates would stay high for longer.
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates will stay high for longer.
Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.
White House officials have barnstormed Wisconsin to make the connection between big changes and their signature laws.
The Federal Reserve left interest rates unchanged for the sixth straight meeting, and policymakers signaled concern that progress on inflation had stalled.
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.