U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in ...
T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, ...
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending and ...
US job growth came in markedly below analyst expectations in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling.
The US labor market cooled notably last month as both hiring and wage growth slowed more than economists had expected in ...
U.S. jobs growth could stall in the second half of 2024, with signs of a slowing labor market, according to monthly gauge ... While rising wages and high interest rates are raising the costs of doing ...
The US economy underperformed ... Health care led the growth of jobs in April, adding 56,000 jobs, while social assistance added 31,000 jobs. “There’s more work to do,” Biden said in his statement. “I ...
U.S. nonfarm payrolls increased by 175,000 last month, the Bureau of Labor Statistics said Friday, or the smallest gain in six months. Economists were looking for the addition of about 240,000 jobs.
US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, ...
The April jobs report is expected to show the US labor market ... the Bureau of Labor Statistics will publish the April jobs report at 8:30 a.m. ET, with nonfarm payroll growth set to come in ...
The cooler-than-expected growth reported by the Commerce Department ... is being supported by a resilient labor market. U.S. Treasury Secretary Janet Yellen told Reuters in an interview that ...
"The US economic upturn lost momentum at the start ... activity reveal a sharp and unexpected slowdown in the pace of growth in April 2024, marking the softest expansion since December 2023.