Hiring slowed last month, a sign that the Federal Reserve’s inflation-fighting campaign is taking hold. But with rising wages and low unemployment, the labor market remains resilient.
Tag: Labor and Jobs
-
The June Payrolls Report Probably Doesn’t Change Much for the Fed
How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market.
-
Why a Strong Jobs Report Could Rattle the Stock Market
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.
-
How Elba Makes a Living Wage
We’re covering a hotel strike in Los Angeles, extreme heat and an Alzheimer’s drug.
-
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.