Economy News Decaying Jobs Market Overtakes Inflation As U S Economy’s Biggest Threat

ADP says U.S. economy lost jobs for third time in four months. Fed to weigh weak labor market in rate-cut vote.

Privately run businesses eliminated jobs in November for the third time in four months, pointing to a broad slowdown in hiring that threatens to nudge unemployment higher and chip away at the economy. Read More

U.S. economy is still growing, ISM says, but ‘tariff uncertainty’ is depressing sales and hiring

The large services side of the economy grew in November for the sixth month in a row and inflationary pressures eased, but businesses were taking a cautious approach to hiring and investing due to ... Read More

Is anybody hiring? A weakening US job market may push the Fed to cut rates again.

Condition red isn’t flashing for the U.S. job market, but its vital signs have deteriorated ahead of a pivotal vote by the Federal Reserve on whether to reduce interest rates again. A barrage of ... Read More

The U.S. Economy Is Growing, but Faces Much Uncertainty

A quarterly review finds that the U.S. economy’s increasingly K-shaped nature is making American consumption patterns uneven and unpredictable. Despite continued growth, this and several other data ... Read More

October jobs report canceled and November release delayed, BLS says

The government's October jobs report, which was delayed by the federal shutdown, will not be published, removing a crucial data point at a time when a stagnant labor market and sticky inflation have ... Read More

Official job market data is delayed: Here's what private sources say

Key Takeaways The U.S. economy is losing jobs at the fastest pace since the pandemic, according to a pair of private-sector reports on the labor market released Thursday.The reports from Challenger, ... Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

The US economy added 119,000 jobs in September, but unemployment rose to a nearly four-year high

A long-awaited jobs report offered a mixed picture of the US labor market. The economy added 119,000 jobs in September, an unexpected rebound for the labor market — but it comes as the overall economy ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More

You're living in a "K-shaped" economy. Here's how that affects you.

To understand how Americans are faring economically these days, it's helpful to consider the eleventh letter of the alphabet. Experts describe the current U.S. economy as "K-shaped," a reference to ... Read More

Trump faces backlash on economy as inflation rises

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data set to ... Read More