The numbers: The number of Americans who applied for unemployment benefits in the week before Christmas rose slightly to 216,000, but new filings remained low and signaled the labor market Read more
Tag: labormarket
U.S. stocks open down, extend losses after Fed rate hike as investors weigh labor-market data
U.S. stocks opened lower Thursday, extending losses after the Federal Reserve’s jumbo interest rate hike as investors weigh labor-market data. The Dow Jones Industrial Average DJIA, -0.40% was down 0.8% Read more
If the labor market weakens, older workers will be among the hardest hit
The job market cooled off somewhat with employers adding 263,000 jobs in September. The modest job growth number suggests the Federal Reserve’s aggressive interest rate hikes are starting to weigh Read more
This is the one part of the labor market where workers have less bargaining power
Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, Read more
‘Makes their blood boil’: Democrats criticize billion-dollar companies for paying low tax rates and state-by-state tax-free shopping guide for back-to-school supplies
Hi, MarketWatchers. Don’t miss these top stories. ‘Makes their blood boil’: Democrats criticize billion-dollar companies for paying low tax rates More than 100 U.S. companies are paying an average effective Read more
Fed’s Powell sees path back to 2% inflation with sustained labor-market vigor
Fed’s Powell sees path back to 2% inflation with sustained labor-market vigor