The US job market defied fears of a potential downturn in January as employers added 517,000 jobs, according to the Labor Department. This unexpected surge brought the unemployment rate to an historic low of 3.4%. The US economy is facing a mixture of increased borrowing costs and rising prices, causing confusion among analysts and warnings …
US Jobs Growth Surges in January, Unemployment Rate at Historic Low Read More »
But prices are unlikely to stay low long enough to have a big effect on bills, analysts say. This is largely due to the way the gas market works. When gas prices rose dramatically in international markets earlier this year, households and businesses faced huge increases in their energy payments. This prompted the government to …
US bond growth continues at a solid, albeit slowing pace, despite rising prices and higher borrowing costs weighing on the economy. Employers added 261,000 jobs in October, while the unemployment rate rose slightly to 3.7%, the U.S. Department of Labor said Friday. The news comes as the economy remains a concern for voters ahead of …
US Jobs Growth Solid But Slowing Amidst Inflation Fight Read More »