Labor economy

American households have seen their purchasing power increase

Americans have seen their buying power rise for a year amid falling inflation and a strong job market, which might…

How immigrants are helping keep job growth hot while inflation cools

Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…

Trump says he will eliminate taxes on workers’ tips in a play for Nevada voters

Former President Donald Trump said he would eliminate taxes on tipped income if he wins a second White House term,…

DOJ settles CityMD Covid fraud allegations for $12 million

Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by the Department of Justice, the department announced…

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness…

Biden’s new immigration executive order could tighten labor markets, but ease supply chain bottlenecks

President Joe Biden’s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect of…

Immigrant workers are helping boost the U.S. labor market

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…

Here’s what to expect from the April jobs report on Friday

Hiring likely continued at a brisk pace in April as investors look for any cracks in the labor market that…

Biden blames China, Japan and India’s economic woes on ‘xenophobia’

President Joe Biden said on Wednesday that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S.…

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S.…