No ‘economic collapse’: Top Citi strategist says healthier economic growth is coming
The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable…
U.S. payrolls increased by 216,000 in December, much better than expected
The U.S. labor market closed out 2023 in strong shape as the pace of hiring was even more powerful than…
Private payrolls added 164,000 in December, beating expectations, ADP says
Hiring in the private sector rose at a faster-than-expected pace in December, closing out a strong 2023 for the resilient…
Inflation fears down, consumer optimism up: Economy may start to help Biden with voters
Two new surveys released in recent days suggest consumers may be starting to feel more optimistic about inflation. This could…
Here’s what the market will be looking for in Friday’s key jobs report
At a time when the economy is supposed to be slowing, Friday’s jobs report is expected to show that employers…
Job data suggests ‘soft landing’ is increasingly likely, economists say
The U.S. economy inched closer to a so-called “soft landing” after a new batch of labor data, economists said. A…
Job openings slide to 8.7 million in October, well below estimate, to lowest level since March 2021
Job openings tumbled in October to their lowest in 2½ years, a sign the historically tight labor market could be…
Return to office is ‘dead,’ Stanford economist says. Here’s why
The share of workers being called back to the office has flatlined, suggesting the pandemic-era phenomenon of widespread remote work…
One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs
The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…
Private sector payrolls rose 113,000 in October, less than expected, ADP says
Private sector payroll growth increased modestly in October but missed expectations, in a potential sign that the employment picture could…
