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Unemployment
EXPLAINER: 5 key takeaways from the November jobs report
WASHINGTON ((DailyNews)) — For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and...
Biden sees economy avoiding recession, but risks remain
WASHINGTON ((DailyNews)) — President Joe Biden assured Americans on Friday that the U.S. economy is chugging along in the holiday season, but the very...
US employers are hiring briskly even in face of rate hikes
WASHINGTON ((DailyNews)) — America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a...
Another month of solid US hiring suggests more big Fed hikes
WASHINGTON ((DailyNews)) — America’s employers slowed their hiring in September but still added 263,000 jobs, a solid figure that will likely keep the Federal...
What Friday’s jobs report means for Fed’s inflation fight
WASHINGTON ((DailyNews)) — For most Americans, Friday’s September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to...
Is the US in a recession? Here are the key indicators
WASHINGTON ((DailyNews)) — The economy shrank in the first half of this year, the government confirmed in a report Thursday, underscoring fears of a...
Powell’s stark message: Inflation fight may cause recession
WASHINGTON ((DailyNews)) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth,...
Fewer Americans file for jobless benefits again last week
WASHINGTON ((DailyNews)) — The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve...
India’s main opposition protests rising prices, lack of jobs
NEW DELHI ((DailyNews)) — Thousands of Indians rallied on Sunday under key opposition Congress party leader Rahul Gandhi, who made a scathing attack on...
Once in the doldrums, Florida coast hums with space launches
TITUSVILLE, Fla. ((DailyNews)) — A decade ago, Florida’s Space Coast was in the doldrums. The space shuttle program had ended, and with it the...