Labor economy

There are almost 4 million more open roles than job seekers in the U.S. Here’s why some economists think the immigration and labor crises are related

The U.S. had more than 9 million open roles in June, and while that’s down from the peak of 12…

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…

Biden takes a victory lap one year after signing Inflation Reduction Act

WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…

Biden embraces July inflation report: ‘That’s Bidenomics’

WASHINGTON — Despite a small rise in inflation last month over June’s rate, President Joe Biden on Thursday insisted that July’s…

Biden kicks off climate policy road trip in battleground Arizona amid record heat

WASHINGTON — Buoyed by an economy that is doing far better than the White House expected and a political opponent…

Are U.S. seniors among the developed world’s poorest? It depends on your point of view

The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and…

Biden labor secretary sees ‘slow and steady’ growth in July jobs report

WASHINGTON — The U.S. economy saw the smallest jobs increase in July since December 2020, but Acting Labor Secretary Julie…

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…

Private equity giant KKR’s antidote to worker discontent — employee stock ownership programs

(Click here to subscribe to the Delivering Alpha newsletter.) The job market may be strong, but the invisible strings that connect workers…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…