America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.
April 1, 2022Latest News Updates From Paul Wiseman
US Added 431,000 Jobs in March in Sign of Economic Health
US Slightly Revises Up its GDP Estimate for Q4 to 7%
The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Feb. 24 in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.
February 24, 2022Supply Chain Bottlenecks, COVID Expected to Slow Global Growth
WASHINGTON — The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains.
January 11, 2022US Jobless Claims Rise by 7,000, Still Low at 207,000
The number of Americans applying for unemployment benefits rose last week but remained at historically low levels, suggesting that the job market remains strong.
January 6, 2022A Record 4.5 million Americans Quit Their Jobs in November
A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.
January 4, 2022Jobless Claims Unchanged at 205,000
The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery from the coronavirus recession last year.
December 23, 2021Consumer Confidence Rises Despite Omicron, Higher Prices
WASHINGTON — U.S. consumer confidence rose in December as Americans shrugged off concerns about rising prices and COVID-19’s highly contagious omicron variant.
December 22, 2021Jobless Claims Hit 52-Year Low After Seasonal Adjustments
WASHINGTON — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.
November 24, 2021Jobless Claims Drop for Seventh Straight Week to 268,000
The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low of 268,000.
November 18, 2021Producer Prices Jump an Unprecedented 8.3% in August
WASHINGTON — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.
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