jobs report

With wages stagnant and prices still rising, will the Fed hike rates at the end of the month?

Fed Chair Kevin Warsh mentioned at his last press conference that he believed the unemployment rate was running “basically consistent with full employment.” What does that mean?

Last month's jobs report showed the economy added more than 162,000 jobs in August, up from just 21,000 in July and 31,000 in June. Was that more than just a blip?

The labor market got a good report card for August, but inflation remains high. That complicates the Federal Reserve’s decision-making process.

The latest jobs report shows that, as inflation has risen during the Iran War, wage growth has continued to slide. Wages are now growing at the slowest pace in more than five years.

Economists say job creation in only the tens of thousands per month is enough to maintain stable, low unemployment. But there are other consequences.

The net result is that the average American household’s buying power has dwindled by 0.1% over the past year.

Local government roles were down 57,000, leisure and hospitality positions decreased by 40,000, finance jobs declined 14,000, and the retail sector lost more than 19,000.

The June job market data was pretty meh and July job creation is expected to tick up. So what’s that look like for smaller businesses?

Even with the latest decline in inflation, real earnings have stagnated over the past year.