U.S. adds 216,000 jobs in December, better than expected
216,000 jobs were added last month, the latest sign the American labor market remains resilient even in the face of still-high interest rates.
Source: yahoo.com
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JOLTS data "little changed," BLS says. That's good news.
The job market has moderated, the government says, and labor conditions are getting closer to the pre-pandemic norm.
Source: marketplace.org
December jobs report may show 'cooling trend' in the labor market
The December jobs report, due Friday morning, is expected to show the labor market is continuing to moderate due to higher interest rates and inflation.
Source: foxbusiness.com
Survey: Economists Say Inflation Won't Hit Fed's Target Until End Of 2025
Inflation slowed much faster than expected last year, but economists still aren’t optimistic that the inflation problem will be solved for another year — if not more.
Source: bankrate.com
Survey: Economists Still See Near 1-in-2 Chance Of A Recession
The U.S. economy has been surprisingly resilient and dodged recession forecasts for more than a year now. Even so, economists say the risks of one are still high.
Source: bankrate.com