Economy News 5 Ways The Us Economy And The Job Market Is Recovering In 2024

The U.S. jobs market was wobbling before the shutdown. Now what?

The U.S. labor market had started to sputter well before the government shutdown began in October — and there’s little evidence to suggest finding a job has gotten any easier. Read More

Economic anxiety grows as 47% of americans doubt job prospects, poll finds

Economic anxiety rises as 47% of Americans doubt their ability to find good jobs, up from 37% in October 2023. High costs for groceries, housing, healthcare and electricity persist, with 36% citing ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

Economic anxiety grows under Trump, creating a new political liability for the GOP

Democrats were swept out of power last year as they suffered political pain from rising costs. Now, President Donald Trump is overseeing stubborn inflation, a slowing job market and anxiety over his ... Read More

How Americans are feeling about their chances on the job market, according to an AP-NORC poll

Americans are growing increasingly concerned about their ability to find a good job under President Donald Trump, an Associated Press-NORC Center for Public Affairs Research poll finds, in ... Read More

Former Trump economic official Gary Cohn says "we've seen the job market degrade," though it may be "temporary"

Gary Cohn, IBM vice chair and director of the National Economic Council in the first Trump term, said for companies in a "very difficult environment," cutting down on the cost of labor is "the one ... Read More

CBS News poll finds negativity on economy, job market and concerns about AI's impact

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

The US economy saw 'essentially no job growth' last month: Moody's

Moody's Analytics chief economist Mark Zandi warned that U.S. job creation is slowing as the government shutdown prevented the release of the BLS' September jobs report. Read More

America can't spend its way out of a recession

Consumers are still spending like mad. But increasing unemployment and a decline in business investment are worrying recession signals. Read More

Absent a jobs report, here are some other ways of looking at the US labor market

(CNN) — On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report. Instead, the agency behind the market-moving release — data that ... Read More

3 reasons the US can't count on wealthy Americans to keep the economy going strong

Wealthy Americans may not be able to power the economy with spending as much as some people think, BCA Research says. Read More

'A hint of 1967': 4 reasons the US could soon see an inflation spike similar to the last stagflation crisis

TS Lombard thinks there's risk of a stagflationary scenario on the horizon. The Fed could be cutting rates as the demand side of the economy accelerates, the firm said. Fed policy missteps in the ... Read More