Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 212,000 initial claims, up from 203,000 last week.• Also at 8:30 AM, The Producer Price Index for November from the BLS. The...
Statement here. Fed Chair Powell press conference video here starting at 2:30 PM ET.On the projections, growth was mostly unchanged, and unemployment and inflation were revised down slightly.Q1 real GDP growth was at 3.1% annualized, Q2 at 2.0% and...
Related topics: FOMC, Fed, Business Videos, Inflation
Wages are up and unemployment is at a half-century low. Able-bodied adults should be working to pay for their food, not using food stamps.
Major Freight Carrier Bankrupted, Leaving 3,000 Truckers Jobless, Many Stranded On Highways
As the manufacturing recession gains momentum, the largest U.S. truckload carrier filed for bankruptcy Monday morning, leaving 3,000 truck...
Related topics: Bankruptcy
It's getting harder for startups to hire as unemployment hits record lows.
In response to the war for talent, a small startup out of Los Angeles has started writing custom slide decks for job candidates, pitching them on why they should join the...
Related topics: Startup
Student loan debt, unemployment, homeownership (or lack thereof), and poverty rates all add up to rank the worst places in America to live if you’re a millennial.
As if the weight of student loans and paychecks that barely rise with the cost...
A 34-year-old trucking company abruptly let its workforce go, but help is on the way.
From the promise of new jobs to hot showers, meals, and a place to rest, Good Samaritans of all stripes are gathering on a Facebook group formed in the wake of...
Related topics: Facebook, Social Media, Bankruptcy
Celadon is reportedly declaring bankruptcy this week, and that collapse may leave thousands of truck drivers jobless and away from home.
Related topics: Bankruptcy
Bernie Sanders' goal of increasing job security is admirable, but the economic effects of ending at-will employment would be negative.
Two years after Finland launched a basic-income trial for unemployed residents, many of the recipients remained jobless.
Related topics: Finland
The newly released Employment Situation for November, from the Bureau of Labor Statistics, shows that the economy added 266,000 jobs last month and that the unemployment rate dropped to 3.5%, a...
James Pethokoukis
Economics, Americas
What about productivity?
There’s a lot good to report about the American economy, now well into its record 11th year of expansion. Unemployment is low, and real wages are rising. And as I recently wrote in...
The Trump economy continues with arguably the best economy in US history.
Job numbers released today through the end of November show an increase of another 266,000 jobs! And the unemployment rate remains at historic lows of 3.5%!
The White House...
Related topics: White House
The Trump economy continues with arguably the best economy in US history.
Job numbers released today through the end of November show an increase of another 266,000 jobs! And the unemployment rate remains at historic lows of 3.5%!
The White House...
Related topics: White House
Succinct Summations for the week ending December 6th, 2019
Positives:
1. Market continues to flirt with all time highs — nothing is more bullish,
2. Non-farm payrolls rose 266k m/o/m, above the expected increase of 180k.
3. Unemployment rate...
This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here.
The U.S. jobs machine is still humming. Employers added 266,000 jobs and the unemployment rate matched a 50-year low in November. The one soft...
Santa left an early present in Donald Trump's stocking -- via the Bureau of Labor Statistics. Job creation in November hit a one-year high and marked only the third time in 2019 that the US economy added more than 200,000 jobs in a month. The...
Related topics: Donald Trump
Employers added 266,000 jobs in November and unemployment matched a 50-year low of 3.5%, signs the U.S. economy is withstanding a global slowdown, the Wall Street Journal reports.
CNBC notes the numbers easily beat the Wall Street consensus.
Related topics: Cnbc
My November Employment Preview.Goldman's November Payrolls preview.Friday:• At 8:30 AM ET, Employment Report for November. The consensus is for 180,000 jobs added, and for the unemployment rate to be unchanged at 3.6%.• At 10:00 AM,...
There’s a lot good to report about the American economy, now well into its record 11th year of expansion. Unemployment is low, and real wages are rising. And as I recently wrote in my The Week column, “Look, if you’re a president who...