Economy

Black unemployment rate ticks lower in July as jobs market remains tight

The unemployment rate for Black workers fell slightly in July as the broader labor market remains tight. Black workers’ jobless…

Here’s where the jobs are for July 2023 — in one chart

The labor market added a smaller-than-expected 187,000 jobs in July, but one sector delivered roughly half of that total. The…

July jobs report: U.S. payroll growth totaled 187,000, lower than expected

Job growth in July was less than expected, pointing to a slower pace in the U.S. economy though perhaps not…

Here’s everything you need to look for in Friday’s July jobs report

Friday’s jobs report could provide a crucial piece to the increasingly complicated puzzle that is the U.S. economy and its…

The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011

Growing political instability means the U.S. will not regain its AAA rating with Fitch for the foreseeable future, according to…

The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating

It’s not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the…

Private sector added 324,000 jobs in July, well above expectations, ADP says

Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality…

U.S. debt downgrade sinks global markets — but economists are not concerned

Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating — but top…

Job openings, layoffs declined in June in a positive sign for the labor market

Job vacancies and layoffs edged lower in June, according to a report Tuesday that points to a stable labor market.…

Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues

Saudi Arabia’s economy slowed in the second quarter, as crude output cuts and a drop in oil prices reined in…