[ad_1] Minneapolis CNN — The US economy added 223,000 jobs in December, according to the monthly employment report from the Bureau of Labor Statistics, capping a year of extraordinary job growth and marking the second-best year for the labor market in records that go back to 1939. The unemployment rate …
Read More »US job openings fell again in November, in sign the labor market may be loosening up
[ad_1] Minneapolis CNN — The number of available jobs in the United States totaled 10.46 million in November, according to data released Wednesday by the Department of Labor. That’s more than the 10 million total job openings that economists were expecting, according to Refinitiv, and slightly lower than the upwardly …
Read More »White House cautiously optimistic over economy in 2023: ‘Absolutely no sign’ job growth will tumble or unemployment will spike
[ad_1] CNN — As Wall Street and Main Street fret about a potential recession, White House officials are projecting confidence about the economy’s ability to weather the storm in 2023. “We’re feeling cautiously optimistic because we are starting to see some real concrete measurable signs of progress,” Aviva Aron-Dine, deputy …
Read More »The US economy grew much faster than previously thought in the third quarter
[ad_1] New York CNN — America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation t is having only limited impact. The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest …
Read More »The US economy added 261,000 jobs in October while unemployment jumped to 3.7%
[ad_1] New York CNN Business — The US economy added 261,000 jobs in October and the unemployment rate rose to 3.7%, according to the latest monthly employment snapshot from the Bureau of Labor Statistics released Friday morning. The total job gains were lower than the revised September number of 315,000, …
Read More »The Fed may have to blow up the economy to get inflation under control
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its …
Read More »Premarket stocks: White-collar workers are feeling the brunt of the Fed’s rate hikes
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — September’s hotly anticipated jobs data ended up …
Read More »Stocks week ahead: Wages are the most important number to watch in the jobs report
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — Investors, economists and members of the Federal Reserve will be poring over the September jobs report on Friday morning for clues about …
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