Labor economy

Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
December 11, 2019 - 6:23 pm
WASHINGTON (AP) — Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year — and possibly longer. Fueling that expectation is the growing belief of Fed officials that inflation will remain tame even as...
Read More
FILE - In this Nov. 25, 2019, file photo Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn. On Wednesday, Dec. 11, the Federal Reserve issues a statement and economic projections, followed by a news conference with Powell. (AP Photo/Steven Senne)
December 11, 2019 - 6:19 am
WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut...
Read More
House Speaker Nancy Pelosi of Calif., speaks at a news conference on Capitol Hill in Washington, Tuesday, Dec. 10, 2019, on Capitol Hill in Washington. (AP Photo/Susan Walsh)
December 10, 2019 - 6:08 pm
WASHINGTON (AP) — House Democrats and the White House announced a deal Tuesday on a modified North American trade pact, handing President Donald Trump a major Capitol Hill win on the same day that impeachment charges were announced against him. Both sides hailed the deal as a win for American...
Read More
December 09, 2019 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
Read More
December 09, 2019 - 10:26 am
NEW YORK (AP) — Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020. Payroll processor ADP said its customers with up to 49 employees added 11,000 jobs...
Read More
FILE - In this Nov. 15, 2019, file photo specialist Meric Greenbaum, left, and trader Fred DeMarco work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Dec. 6. (AP Photo/Richard Drew, File)
December 08, 2019 - 9:50 pm
TOKYO (AP) — Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week. Japan's benchmark Nikkei 225 edged up 0.3% in early trading to 23,414.51, while Australia's S&P/ASX 200 added 0.2% to 6,722.90. South Korea's Kospi edged up 0.3% to 2,...
Read More
FILE - In this Thursday, July, 5, 2018 file photo, a jockey truck passes a stack of 40-foot China Shipping containers at the Port of Savannah in Savannah, Ga. Defying fears and predictions, the American job market is still shrugging off President Donald Trump’s trade wars. Employers added an impressive 266,000 jobs in November, and unemployment returned to a 50-year low 3.5% _ all at a time when the Trump administration is engaged in a bruising trade war with China while fighting other U.S. trading partners as well. (AP Photo/Stephen B. Morton)
December 07, 2019 - 10:52 am
WASHINGTON (AP) — Defying fears and predictions, the U.S. economy is still shrugging off President Donald Trump’s trade conflicts. Employers added a sizzling 266,000 jobs in November, and unemployment matched a 50-year low of 3.5% — all while the Trump administration is waging a bruising trade war...
Read More
FILE - In this Nov. 27, 2019, file photo Balo Balogun labels items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Friday, Dec. 6, the U.S. government issues the November jobs report. (AP Photo/John Locher, File)
December 06, 2019 - 5:45 pm
WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so. With the unemployment rate now at a half-century low of 3.5%, many economists have...
Read More
A man checks stock prices through his smartphone at a brokerage house in Beijing, Friday, Dec. 6, 2019. Shares swung higher in Asia on Friday after a wobbly day of trading on Wall Street as investors awaited a U.S. government jobs report and kept an eye out for developments in China-U.S. trade talks. (AP Photo/Andy Wong)
December 06, 2019 - 8:04 am
BANGKOK (AP) — Global shares rose Friday as investors awaited what's expected to be a healthy U.S. jobs report, while monitoring the China-U.S. trade talks as more tariffs are due to go into effect this month. One sign that talks between the world's two biggest economies could be thawing came...
Read More
FILE - In this Nov.26, 2019 file photo, French President Emmanuel Macron attends the ceremony marking the 80th anniversary of the French National Centre for Scientific Research (CNRS) in Paris. Massive strikes against a planned overhaul of the pension system are sending a powerful warning to French President Emmanuel Macron. Half-way through his term, the 41-year-old pro-business centrist is yet determined to push it through and keep remodeling the French economy. (Benoit Tessier/Pool Photo via AP, File)
December 06, 2019 - 6:29 am
PARIS (AP) — Massive strikes against a planned overhaul of the pension system are sending a powerful warning to French President Emmanuel Macron. Half-way through his term, the 41-year-old centrist is still determined to push through the reform and keep remodeling the French economy. Macron is...
Read More

Pages