BEN CASSELMAN
Posts
Three Lessons From a Surprisingly Resilient Job Market
The recovery from the pandemic lockdowns has prompted economists to consider whether their playbook is outdated or just missing a page.
One Casualty of a Shutdown: Government Data
A lapse in funding would delay data on unemployment and inflation as policymakers try to avoid a recession.
U.S. Jobs Total 300,000 Less Than in Earlier Data Through March
Revised figures for the year ended in March show 300,000 fewer jobs at the close of the period than previously reported.
Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers...
GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track
The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.
The ‘Great Resignation’ Is Over. Can Workers’ Power Endure?
The furious pace of job-switching in recent years has led to big gains for low-wage workers. But the pendulum could be swinging back toward employers.
Consumer Spending Rose More Than Expected in April
New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.
Wages Continue to Grow, Good for Workers but a Worry for the Fed
Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates...
G.D.P. Report: What to Look For
U.S. economic data on Thursday morning is expected to show that the year opened with the third straight quarterly expansion in gross domestic product.
Unemployment Is Low. Inflation Is Falling. But What Comes Next?
Despite hopeful signs, economists worry that a recession is on the way or that the Federal Reserve will cause one in trying to rein in...
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