Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by 261,000 for the month while the unemployment … Read more
Job growth fell short of expectations in September as efforts by the Federal Reserve to slow inflation appeared to take their toll on hiring, the Labor Department reported Friday. Nonfarm payrolls increased by 263,000 for … Read more
Initial claims for unemployment insurance totaled 260,000 last week, near the highest level since November amid a shift in the U.S. labor market. The total for the week ended July 30 was in line with … Read more