Economists have forecast that employers created 225,000 jobs last month. A bigger-than-expected number could complicate the Federal Reserve’s efforts to tame inflation.
Tag: Hiring and Promotion
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Fed Rate Increases Hinge on Strength of Jobs and Economy
How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market.
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Job Openings Dipped in May, a Sign of Continued Cooling
Hiring was largely unchanged, and the number of workers quitting their jobs increased. The data will be watched closely by Federal Reserve policymakers.
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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.