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Employers added 178,000 new jobs in March and unemployment rate fell to 4.3%, ahead of economists’ predictionsSign up for the Breaking News US email to get newsletter alerts in your inboxThe US labor market picked up in March as employers showed signs …
Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significantSign up for the Breaking News US email to get newsletter alerts in your inboxUS inflation stayed flat at 2.4% in February, accord…
Tracking data from a chaotic year, from ICE detention and job growth to inflation and the president’s popularity The Trump administration has had an unprecedented first year. The Guardian has been hard at work tracking the social and political ramific…
White House is meanwhile facing questions about an apparent embargo breach over Trump’s social media postHiring held firm in the US last month, official data showed, amid uncertainty over the strength and direction of the world’s largest economy.Employ…
In an unusual turn, the central bank’s board debated over monetary policy before the latest quarter-point cutThe US Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the US ec…
Data shows the headline unemployment rate continued to climb and hit 4.6%, a four-year high, last monthThe US labor market grew by more than expected last month, recovering some of the damage inflicted by the federal government shutdown, according to o…
Private employment decreased by 32,000 jobs last month after an upwardly revised 47,000 increase in OctoberUS private payrolls unexpectedly declined in November, the ADP employment report showed on Wednesday.Private employment decreased by 32,000 jobs …
Powell – whom Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffsThe Federal Reserve is gearing up to resume cuts to interest rates, its chair, Jerome Powell, has signaled, as he warned that Donald Trump’s…
Former commissioners call on Congress to act after Trump fires Erika McEntarfer over ‘rigged’ employment dataThe former Bureau of Labor Statistics (BLS) commissioners and non-partisan economic groups have criticized Donald Trump’s shock firing of BLS c…
President claimed that recently released figures showing jobs slowdown were ‘rigged’ to make him look badSenior Republican lawmakers are condemning the decision of their party leader, Donald Trump, to fire the leading US labor market statistician after…