Fed, US economy
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Erika McEntarfer, former commissioner at the Bureau of Labor Statistics, is speaking publicly for the first time since President Donald Trump fired her last month after a disappointing jobs report he claimed without evidence had been “rigged.
The next few months could be the most consequential period for US constitutional law since the Roosevelt administration.
Oil prices declined for a second session on Thursday, after the Federal Reserve cut interest rates as expected and traders focused on concerns about the U.S. economy and excess supplies.
Trump says Americans are experiencing the “best economy we’ve ever had.” Experts say the economy is solid, but the labor market looks much more wobbly than it did at the start of the year. They’re worried about several issues: A drop-off. Job growth has slowed dramatically.
Those, too, look less troubling in context—slower jobs growth is a problem if America’s population is rising quickly, but far less worrying if population growth is stalling or shrinking. There, the great unknown is how effective Mr Trump’s clampdown on migration,
The U.S. labor market appears to be deteriorating rapidly just as the country's housing market is also creaking, two negative forces that risk feeding off each other and smothering economic growth.
A new group is leading a five-day economic blackout across the U.S. to protest the Trump administration. They're asking people to strike. What to know
The U.S. economy added 911,000 fewer jobs over the 12 months ending in March than previously estimated, the U.S. Bureau of Labor Statistics (BLS) said on Tuesday. The figure, which exceeded economists' expectations, appears to be the largest revision ever recorded. The preliminary estimate will be finalized next year.
Two key reports released Thursday showed the US economy may be in a state of early-onset stagflation — a toxic one-two punch of slow economic growth and rising prices.