An unexpected job surge confounds the Fed's economic models
Does the Federal Reserve have it wrong?
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Does the Federal Reserve have it wrong?
Friday's jobs report suggests the possibility that the long-standing connection between a vigorous job market and high inflation has broken down.
Does the Federal Reserve have it wrong? For months, the Fed has been warily watching the U.S. economy’s robust job gains out of concern that employers,
We made it to the weekend, but there’s a suspected Chinese spy balloon flying across the central United States and a brutal cold front sweeping across the Northeastern part of the country. On the positive side, the January jobs report showed stunningly strong gains. And a dog living in Portugal has been crowned the oldest dog alive — and, at nearly 31 years of age, the oldest dog ever by Guinness World Records.
Official figures showed 517,000 jobs were created last month - taking unemployment down to 3.4 per cent, the lowest level since 1969.