US weekly jobless claims reverse prior surge, labor market still softening

The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump, but the labor market has softened as both the demand for and supply of ... Read More

US retail sales increase strongly; softening labor market a headwind

U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to ... Read More

Fed, under pressure to cut rates, tries to balance labor market and inflation – while avoiding dreaded stagflation

The labor market has seen continued deterioration, most notably with the Bureau of Labor Statistics’ revisions to nonfarm payrolls – in effect reducing the number of jobs economists thought the U.S. Read More

Inflation heats up as Fed faces pressure from Trump, labor market to cut rates

Inflation accelerated in August, according to data released Thursday by the Labor Department, complicating the Federal Reserve’s efforts to balance interest rates amid intense political and economic ... Read More

US unemployment rate near 4-year high as labor market hits stall speed

WASHINGTON, Sept 5 (Reuters) - U.S. job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market conditions were softening ... Read More