An anemic hiring pace in all sectors except leisure and hospitality resulted in the April Labor Department's job report falling far short of Wall Street's high expectations despite the introduction of the Covid-19 vaccine and easing of lockdowns in...
A help call sign is posted on a taco stand in Solana Beach, California.Mike Blake | ReutersThe largest corporate lobby group in America on Friday accused $ 300 a week of unemployment benefits for tricking Americans into staying...
Labor Secretary Marty Walsh said Friday that the Covid-19 pandemic is still weighing on jobs, but he forecasted optimism about the recovery of the US economy as vaccinations continue, saying, "We are seeing confidence return. "Walsh's comments on CNBC's...
People walk past the Federal Reserve building in Washington DC, the United States, on May 21, 2020.Ting Shen | Xinhua via Getty ImagesRising asset prices in the stock markets and elsewhere pose a growing threat to the financial...
Server Adrian Almanza brings appetizers to a table at the Satay Thai Bistro and Bar in Las Vegas, Nevada, March 28, 2021.Bridget Bennett | ReutersEmployment growth could exceed 1 million in April, although many positions may also be...
The employment picture in the US improved a lot last week. For the first time since the pandemic crisis, unemployment insurance claims have fallen below 500,000 for the first time.Initial claims for the week ended May 1 were...
Richmond Fed President Thomas Barkin told CNBC on Monday that he sees a surge in inflationary pressures this year, which is expected to ease in 2022."I think we will see price pressure this year. You have a very strong...
Vice President Kamala Harris speaks during a listening session on broadband internet at the New Hampshire Electric Co-op in Plymouth, New Hampshire, April 23, 2021 as she travels to the state to promote government economic plans.Saul Loeb | ...
Bartenders in protective masks assist customers who are sitting at the bar in Blooms Tavern in New York (USA) on Monday, May 3, 2021.Nina Westervelt | Bloomberg | Getty ImagesPrivate job growth accelerated in April, but fell...
Cars line up at the Athens County Fairgrounds in Athens, Ohio on December 19, 2020 to pick up boxes of groceries.BRAD LEE | AFP | Getty ImagesThe US economy is on the mend. However, the uneven...

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