Employment growth returned to the US in January. The number of non-farm workers rose by 49,000 while the unemployment rate fell to 6.3%, the Labor Department said in the Biden government's first employment report on Friday.Economists polled by...
The U.S. economy saw jobs grow in January, but analysis of job changes across industries shows that the job market is still grappling with the effects of the coronavirus pandemic.The Labor Department reported Friday that the total number of...
New unemployment benefits came in a little less than expected last week, although US employment growth remains sluggish.Initial unemployment insurance claims for the week ended Jan. 30 were 779,000, the Department of Labor reported Thursday. That was below...
A month after reporting the first loss since April, the employment picture rebounded in January as companies created 174,000 new jobs. This emerged from a report by the contract processing company ADP on Wednesday.The profit surpassed the Dow...
A home for sale on December 17, 2020 in Scituate, Massachusetts.Matt Stone | MediaNews Group | Getty ImagesMortgage rates fell for the first time in nearly a month, and that started a fire among current borrowers who...
Raphael Bostic, president of the US Federal Reserve in Atlanta, said Monday he wasn't worried about the US economy overheating, despite believing that growth could come faster than many expect.In an estimate well ahead of most of his peers,...
The U.S. Capitol building after a rainstorm on Capitol Hill in Washington, December 4, 2020.Tom Brenner | ReutersUS economic growth will recover "quickly" and the labor market will return to full strength faster than expected thanks to the...
A woman walks past a closed retail store for rent in downtown Manhattan on January 25, 2021 in New York City.Angela Weiss | AFP | Getty ImagesThe number of Americans applying for unemployment benefits for the first...
After a year in which a pandemic and politics, unlike the United States, had posed challenges for generations, the economy closed 2020 in quite good shape.The gross domestic product, or the sum of all goods and services produced, rose...
A home sale sign shows the home as "Under Contract" in Washington, DC, Nov. 19, 2020.Saul Loeb | AFP | Getty ImagesHome buyers signed fewer contracts to buy existing homes in December as record prices and supply...

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