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Jobs report smashes forecasts as red hot labor market confounds Wall Street
Earlier this week, payroll-processing group ADP said private-sector hiring improved to around 184,000 last month, well ahead of Wall Street's 140,000 forecast. Wage gains for job switchers surged to ... Read More
A rate cut in June is still on tap because the job market is weakening, Citi economist says
The job market has shown signs of weakening in some sectors, like manufacturing. The Federal Reserve is still likely to cut rates in June in order to prop up the labor market amid a slowdown in hiring ... Read More
Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says
Headline job growth has been strong recently, but commentators have pointed to mixed signals in the data suggesting a less rosy picture. Read More
Top Workplaces: Program launched 15 years ago. Here's how the state's jobs economy has changed.
In 2009, the country was still in the midst of the Great Recession. In Wisconsin unemployment was at or around 9% for most of the year. Workers and businesses were clearly struggling. Today, the ... Read More
The number of Americans applying for jobless benefits holds steady as labor market remains strong
The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring. The Labor Department reported ... Read More
Another month of robust US job growth points to continued economic strength
Last month's job growth was up from a revised 270,000 in February and was far above the 200,000 jobs economists forecast. Read More
Pennsylvania's unemployment rate remains at 3.4% in March
The Pennsylvania Department of Labor & Industry on Friday released its preliminary employment situation report for March 2024. Read More
Mid-America economy remains sluggish in March; North Dakota's reading slips
Economic conditions in the nine-state Midwest and Plains region didn't improve much in March, after a lackluster first two months of the year. Read More
Climate crisis to slash world incomes by nearly a fifth, some $38 trillion a year, by 2049, study warns
Climate change will cause massive economic damages within the next 25 years in almost every nation, a new study warns. But acting now could turn the financial “doomsday” around. Read More
Surging auto insurance rates squeezing drivers, fueling inflation. What to know before you buy
Skyrocketing auto insurance and car ownership costs are hitting consumers where it hurts. Here are a few things you can do to keep the price down. Read More
Costco’s hot dog is still $1.50 when everything has gotten more expensive. Here's why
Learn how Costco's $1.50 hot dog-soda combo price remains unchanged since 1985, defying inflation and boosting customer loyalty through a strategic loss-leader approach. Read More
AI-generated models could bring more diversity to the fashion industry — or leave it with less
Proponents say the growing use of AI in fashion modeling showcases diversity in all shapes and sizes, allowing consumers to make more tailored purchase decisions that in turn reduces fashion waste ... Read More
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