You Searched For "labor force participation rate" and got 20 results
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2 mins read
Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says
Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…
Kelly Cloonan
1 min read
No need for concern about job losses as unemployment rate will fall below 3% in future: Labour Minister
The current unemployment rate of 3.2 per cent has come down from 6 per cent in the 2017-18 period.
PTI
2 mins read
The Fed has been 'shaken' from its path by a softening labor market, and will deliver steeper rate cuts as a result, JPMorgan says
The Fed is shifting its gradualist stance amid uncertain labor market data, which will prompt steep…
Kelly Cloonan
2 mins read
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
2 mins read
The Fed's first rate cut of 2024 could come next month if the labor market slows
Markets are only pricing in a 10% chance of an interest-rate cut in July, according to the CME FedW…
Matthew Fox
2 mins read
The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September
The jobs market is moderating, but Americans are not facing a recession. It's a signal the Fed migh…
Ayelet Sheffey,Juliana Kaplan
1 min read
Some Fed officials saw a case to cut rates in July, minutes show
Several Fed officials saw a case to cut interest rates in July, according to the FOMC minutes relea…
Filip De Mott
4 mins read
Birmingham gave single mothers $375 monthly for a year, no strings attached. Participants felt more financially stable, but 'losing the money hurt.'
An Alabama guaranteed basic income program gave single mothers $375 a month for a year. Participant…
Allie Kelly
4 mins read
The biggest basic income pilot in the US found that it didn't stop participants from working and helped get their families into safer situations
A basic income pilot in Los Angeles saw increases in the quality of life for participants and their…
Noah Sheidlower,Katie Balevic
4 mins read
Americans aren't spending like they used to, and it's forcing a reckoning for companies from Starbucks to Whirlpool
Companies pushed prices higher and higher over the past few years. Now, people have had enough. Nea…
Alex Bitter,Dominick Reuter
2 mins read
Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar
Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …
Huileng Tan
6 mins read
The agonizing uncertainty of America's so-so economy
The job market is getting weaker, and the economy feels trapped in limbo. Americans hate it.
Emily Stewart
4 mins read
Baltimore gave young parents $1,000 a month. Participants used the money to pay bills and secure stable housing.
Baltimore gave low-income parents $1,000 a month for two years. Participants used the money for bil…
Allie Kelly,Noah Sheidlower
6 mins read
Why Gen Z college graduates are having a harder time finding jobs in a strong labor market
Recent college graduates are struggling to find work. Some could come to question the value of thei…
Jacob Zinkula,Andy Kiersz
2 mins read
Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen
Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illum…
Kelly Cloonan
5 mins read
Why Americans' confidence in finding a new job is tanking even as the labor market is humming along
Americans are the most pessimistic they've been in years about their chances of finding a new job i…
Jacob Zinkula,Madison Hoff
3 mins read
People are still flocking to Florida. It could help them ride out a slowdown in the economy.
Florida's strong population growth is boosting the state's economy and could help residents weather…
John Towfighi
3 mins read
India's labour market undergoing structural transformation, latest survey data misinterpreted: SBI Research
India's labour market is undergoing a deep structural transformation with self-entrepreneurship acr…
ANI
3 mins read
Hospital wait times will still be bad this year, even with labor gains
The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…
Allie Kelly
3 mins read
The Sahm Rule has flashed, but there's a simpler recession indicator investors should be watching
"The Perkins rule asks whether payrolls are declining. Not rocket science," TS Lombard's Dario Perk…