At his press conference last month, Federal Reserve Chair Jerome Powell said repeatedly that he thought the labor market was solid. Atlanta Fed President Raphael Bostic isn't so sure. [In an essay ...
There are growing indications of weakness in the job market, Atlanta Fed President Raphael Bostic said Thursday. “I view the ...
Labor markets regularly swing from firm-friendly to job seeker–friendly, causing organizations to fluctuate greatly in terms ...
States like California and Texas also have a large presence of federal workers, who are also spread around the country. So ...
A new paper by Harvard economists David Deming and Lawrence H. Summers offers early evidence of artificial intelligence ...
For instance, research from the San Francisco Fed found that if consumers fear short-term inflation, they will push with all their power for higher wages. Companies would then have to raise prices to ...
Despite a "stable" unemployment rate, job seekers in China are struggling as more applicants try for the same limited jobs.
Markets on Wall Street were largely unchanged early Thursday, shifting between small losses and gains as more corporate ...
Instead, the most recent labor data shows unemployment low and steady, clocking in at 4%. Plus, job growth is still ...
But some on Wall Street think the labor market, not inflation, is the place to look for better clues on what could push the Fed to cut rates later this year. Just look at what happened in ...