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Topic: us-jobs

Fed mulls bigger rate hikes to cool US economy

Fed mulls bigger rate hikes to cool US economy

Daniel Avis, Agence France-Presse
Posted at Mar 08 08:23 AM

The United States is prepared to speed up interest rate hikes –- and could raise them higher than anticipated -- if needed to cool inflation and a strong jobs market, Federal Reserve Chair Jerome Powell said. Read more »

US Fed official signals willingness to hike interest rates full percentage point

US Fed official signals willingness to hike interest rates full percentage point

Heather Scott, Agence France-Presse
Posted at Jul 15 08:21 AM

US Federal Reserve Governor Christopher Waller signaled he may support a full percentage point interest rate hike this month -- the biggest increase in more than 30 years and a further indication of the central bank's determination to crush sky-high inflation. Read more »

Stocks sag as weak US jobs data adds to Omicron worries

Stocks sag as weak US jobs data adds to Omicron worries

Agence France-Presse
Posted at Dec 04 07:29 AM

Global stocks finished a volatile week on a downcast note Friday, sunk by worries over the Omicron variant and disappointment at the most recent US job growth figures. Read more »

US weekly jobless claims fall

US weekly jobless claims fall

Lucia Mutikani, Reuters
Posted at Aug 05 09:08 PM

The number of Americans filing new claims for unemployment benefits declined further last week. Read more »

US employment growth likely rebounded; more government money still needed

US employment growth likely rebounded; more government money still needed

Lucia Mutikani, Reuters
Posted at Feb 05 03:15 PM

U.S. job growth likely rebounded in January as authorities began easing COVID-19 restrictions on businesses with the ebbing pace of infections, which could offer the strongest signal yet that the worst of the labor market turmoil was behind after the economy shed jobs in December. Read more »

US Fed says outlook uncertain, stimulus 'essential'

US Fed says outlook uncertain, stimulus 'essential'

Heather Scott, Agence France-Presse
Posted at Sep 17 09:02 AM

The Federal Reserve pledged Wednesday to keep boosting the US economy with low rates to help recover the tens of millions of jobs lost in the pandemic, but said additional help from the government will be key.   Read more »

Unemployment claims in US show layoffs continue to batter economy

Unemployment claims in US show layoffs continue to batter economy

Patricia Cohen and Gillian Friedman, The New York Times
Updated as of Sep 04 12:19 PM

More than five months after the coronavirus pandemic began throttling the economy, layoffs remain widespread, the U.S. government reported Thursday, the latest sign of the labor market’s painstakingly slow recovery.   Read more »

Stalled stimulus talks make for uncertain US jobs report

Stalled stimulus talks make for uncertain US jobs report

Chris Stein, Agence France-Presse
Posted at Sep 04 10:19 AM

Setbacks in the US quest to reopen the economy and a deadlock in Congress have cast uncertainty on the labor market ahead of a key government jobs report Friday.   Read more »

Fed unveils major policy shift to maximize job growth

Fed unveils major policy shift to maximize job growth

Heather Scott, Agence France-Presse
Posted at Aug 28 09:04 AM

The US central bank rolled out a major policy change on Thursday that gives greater weight to its mission of maximizing employment for the benefit of lower income families, while ratcheting back its emphasis on fighting inflation.  Read more »

As the pandemic forced layoffs, CEOs gave up little

As the pandemic forced layoffs, CEOs gave up little

Peter Eavis, The New York Times
Posted at Jul 30 07:57 AM

Only a small percentage of the companies cut salaries for their senior executives at all, which is surprising given that the pandemic has crushed profits and sales for many companies, forcing large layoffs. But even among businesses that did cut the boss’s pay, two-thirds of the chief executives took reductions that were equivalent to only 10 percent or less of their 2019 compensation, according to an analysis by CGLytics, a compensation analysis firm. Read more »

US job growth roars back, but COVID-19 resurgence threatens recovery

US job growth roars back, but COVID-19 resurgence threatens recovery

Reuters
Posted at Jul 03 09:30 AM

The U.S. economy created jobs at a record clip in June as more restaurants and bars reopened, but 31.5 million Americans were collecting unemployment checks in the middle of the month, and a resurgence in COVID-19 cases suggested the labor market could suffer a setback in July. Read more »

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