The Fed raises rates or keeps them high to curtail inflation and cuts rates to bolster the economy and reduce unemployment or dig the economy out of recession. Trump’s import fees are expected to both push up inflation and unemployment.
LindseyNicholson/UCG/UniversalImagesGroup via Getty ImagesThe US economy added 228,000 jobs in March, exceeding the forecast.The unemployment rate surprisingly increased to 4.2%.Confidence in the job market and the economy has fallen.
The unemployment rate ticked up to 4.2% ... In the past several years, those workers have eased labor shortages and helped the economy keep growing ... The economy has been remarkably durable in the face high interest rates.
The unemployment rate ticked up to 4.2% ... In the past several years, those workers have eased labor shortages and helped the economy keep growing ... The economy has been remarkably durable in the face high interest rates.
job market is slowing at a time when Americans are increasingly anxious about what PresidentDonald Trump’s trade wars are going to do to the economy ... The unemployment rate is forecast to tick up to 4.2% in March from 4.1% in February.
economy added 228,000 jobs in March and the unemployment rate stayed roughly even at 4.2 percent, according to data released Friday by the LaborDepartment... economy and financial markets, which have plunged in the wake of Trump's sweeping new tariffs.
Trump’s risky bet to rectify trade imbalances and bring back production to the US could send the economy barreling toward “stagflation,” a toxic combination of stagnant economic growth and rising unemployment coupled with accelerating inflation.
The unemployment rate in the U.S ... even with that rise in unemployment, job growth was stronger than anyone predicted ... Tariffs complicate unemployment outlook ... and possibly global economy into recession this year.”.
(ZH) – With markets still in turmoil over tariffs, investors now turn their attention to what Fed ChairPowell says this morning for clues on the state of the US economy and the path for easing.
economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad ... “If the economy isn’t growing as fast, or it isn’t growing at all, you don’t need as many workers,” House said.
The unemployment rate ticked up to 4.2% ... In the past several years, those workers have eased labor shortages and helped the economy keep growing ... The economy has been remarkably durable in the face high interest rates.
Press secretary Karoline Leavitt said in a statement that the economy "is starting to roar." ... economy added 228,000 jobs in March and the unemployment rate stayed roughly even at 4.2 percent, according to data released Friday by the LaborDepartment.
Statistics Canada said Friday the economy shed 33,000 jobs in March, while the unemployment rate ticked up to 6.7 per cent compared with 6.6 per cent in February ... its updated forecasts for the economy.
Economists polled by Reuters expect a gain of 10,000 jobs in the month, and for the unemployment rate to rise by a tenth of a point to 6.7 per cent ... affecting the economy.