Worker pay pops in January. Credit minimum-wage increases.
The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum wages kicked in in a number of states.
US employers added just 143,000 jobs last month, jobless rate slips to 4%
U.S. employers added just 143,000 jobs last month, but the jobless rate slipped to 4% to start 2025 and the government ...
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The Fed Just Paused Interest Rate Cuts. Here’s What That Means for You
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...
Jobs report big picture: Economy and labor market just fine. And the Fed is on hold.
The U.S. labor market is doing just fine - and that means the Federal Reserve is likely to sit on the sidelines for a while. Hiring has slowed a bit since 2023, to be sure, and it’s taking longer for ...
US economy added 143,000 jobs in January
The Labor Department released its jobs report for January which showed that the U.S. economy added 143,000 jobs last month, which was below with economists' expectations.