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The U.S. economy grew at a 2.1% annual pace in the first quarter, exceeding earlier estimates, though consumer spending declined amid higher gasoline prices related to conflict with Iran.
U.S. employers added just 57,000 jobs in June while consumer confidence remains below historical averages, signaling economic caution amid inflation concerns.
The US labor market added 64,000 jobs in November, exceeding economist expectations of 40,000, though unemployment climbed to 4.6%, a four-year high. October saw 105,000 job losses amid a federal government shutdown.
US employers added 178,000 jobs in March, beating expectations, while the unemployment rate fell to 4.3%. February saw 133,000 job losses in revised figures.
Former BLS leaders and economic groups criticized Trump’s firing of labor statistics commissioner Erika McEntarfer, calling his allegations of data manipulation unfounded and warning the action undermines statistical credibility.
US employers added 50,000 jobs in December, marking the weakest year of job growth since the pandemic with 584,000 positions created in 2025 versus 2 million in 2024.
