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Back to the budget brink

Jul 18, 2019

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U.S. employers added a stellar 312,000 jobs in December

by Associated Press Jan 4, 2019
Job growth at this pace is a sign that the economy will continue to expand for a 10th straight year.
[Image Description: A close-up shot of a black and white printed jobs section in a newspaper. A yellow highlighter sits on top of the newspaper. The words “Employment Services” are placed in a black box and have been highlighted and circled.]
Scott Barbour/Getty Images

Here's the problem with low, low unemployment

by Tracey Samuelson Sep 13, 2018
Unemployment in the United States currently stands at the low, low 3.9 percent. What’s not to like? A new paper from the Federal Reserve Bank of Boston argues that, historically, a low unemployment rate can signal trouble for the economy.…
A now hiring sign is seen on March 10, 2017 in Miami, Florida.
Joe Raedle/Getty Images

What happened to the retail apocalypse?

by Justin Ho Aug 28, 2018
About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t…
A shopper carries away his purchases from a Target store on Aug. 22, 2018 in Chicago, Illinois. Target today reported a 6.4 percent jump in store traffic for the quarter, the biggest increase in at least a decade. The retailer also reported a 41 percent increase in online sales for the quarter. 
Scott Olson/Getty Images

In the red vs. blue political struggle, which areas are seeing more job growth?

by David Brancaccio, Daniel Shin, and Redmond Carolipio Aug 13, 2018
Many voters backed President Donald Trump on the promise of new job growth in their respective parts of the country. But a report from the Associated Press shows that hasn't been the case – instead, it's the places who backed…
Nick Dindash, 78, who supports Donald Trump, poses for a portrait at his home back on Aug. 13, 2016 in Windber, Pennsylvania. The small Western Pennsylvania town of just over 4,000 residents was founded as a company town for nearby coal mines, most of which have closed.
Mark Makela/Getty Images

Here’s why U.S. small businesses don’t export more

by Nancy Marshall-Genzer May 21, 2018
The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more. Click the audio player above to…

Moderate job growth in March: aberration, or sign of the future?

by Mitchell Hartman Apr 6, 2018
The March jobs report shows there were 103,000 jobs added in the month, though many economists expected something closer to an additional 175,000. And that very well may be because March was a tough month weather-wise, slowing down things like…

Under Trump administration so far, monthly job creation has continued

by Mitchell Hartman Dec 8, 2017
Job growth this year has been "impressive," one economist says.
President Donald Trump speaks to the press during a Cabinet meeting at the White House on Wednesday.
Kevin Dietsch-Pool/Getty Images

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Weekly Wrap

Weekly Wrap: What the numbers are really telling us

by Kai Ryssdal Apr 7, 2017
Sudeep Reddy of Politico and Linette Lopez of Business Insider join us to discuss the week’s business and economic news. This week, they talk about what numbers we should really be focusing on to judge the economy, and the latest happenings at…
KAREN BLEIER/AFP/Getty Images

Fed chairs and presidents: a history of rocky relationships

by , and Mar 13, 2017
President Donald Trump and the Fed have had a bit of an up-and-down relationship even before he became president. At one point, he accused Fed Chair Janet Yellen of keeping interest rates low to help President Barack Obama. Another time,…

Amazon to add 100,000 jobs as companies increasingly outsource fulfillment operations

by Adam Allington Jan 16, 2017
Amazon has announced plans to add more than 100,000 full-time jobs over the next 18 months. The news comes as U.S. companies try to burnish their credentials as a job-creator — a priority of the incoming Trump administration. Amazon’s growth…