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Economy
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate
Job growth was much stronger than expected in December, likely providing the Federal Reserve less incentive to cut interest rates this year.Nonfarm payrolls surged by 256,000 for the month, up from 212,000 in November and above the…
The unemployment rate for Black women fell in December, following a sharp rise
A jobseeker holds flyers during the New York Public Library's annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, on Sept. 6, 2024.Yuki Iwamura | Bloomberg | Getty ImagesThe unemployment…
Here’s where the jobs are for December 2024 – in one chart
December's job report marked yet another month of stronger-than-expected growth, with gains coming from many different parts of the U.S. economy.Last month, health-care and social assistance jobs saw the largest gains for a third…
Friday’s jobs report could present a mixed view of the labor market. Here’s what to
The December jobs report is likely to provide only limited clarity on where the labor market is headed, with experts differing on how pronounced a slowdown there is in hiring.From a consensus view, economists expect the Bureau of Labor…
Private sector companies added 122,000 jobs in December, less than expected, ADP says
A worker adjusts hiring signage at a job and resource fair hosted by the Mountain Area Workforce Development Board in partnership with NCWorks in Hendersonville, North Carolina, US, on Tuesday, Nov. 19, 2024. Allison Joyce | Bloomberg |…
Trump could declare national economic emergency to justify universal tariffs, CNN reports
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | ReutersPresident-Elect Donald Trump is contemplating calling a national economic emergency to implement his…
Euro zone inflation rose to 2.4% in December, meeting expectations
A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill Kudryavtsev | Afp | Getty ImagesAnnual inflation in the euro zone rose for a third straight month to reach…
Services index shows big jump in prices for December as companies fear tariffs
A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt | Getty ImagesActivity in the U.S. services industry accelerated in December but brought with it a sharp rise in expectations for…
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit its lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.Job openings totaled 7.74 million on the month, up…
UK firms plan price rises as business confidence falls to lowest level since 2022
UK firms are planning to raise prices to cover higher tax payouts as confidence among businesses tumbled to its lowest level since the market-rocking "mini-budget" crisis of fall 2022, according to a survey by the British Chambers of…