US adds 227,000 jobs in November as Fed expected to cut interest rates again
The US added 227,000 jobs in November, with the unemployment rate rising to 4.2%. The Federal Reserve is expected to cut interest rates for the third time in 2024.
Who is incoming Fed chair Kevin Warsh?
The Senate confirmed Kevin Warsh as Federal Reserve chair. Trump selected the former Fed governor to replace Jerome Powell, anticipating lower interest rates to boost economic growth.
America In Focus: consumers still gloomy about economy; US hiring falls in June
U.S. employers added only 57,000 jobs in June as consumer confidence remains depressed, though jobless claims stay near healthy levels and mortgage rates declined.
Biden hails ‘America’s comeback’ as 303,000 new jobs in March beat forecast
The US added 303,000 jobs in March, exceeding forecasts and marking the 39th consecutive month of employment gains, with unemployment declining to 3.8%.
US economy shows steady job growth in January amid Biden-Trump transition
US employers added 143,000 jobs in January as the labor market continued growing at a steady pace during the presidential transition, though below economist expectations.
US adds 175,000 April jobs as hiring slows and unemployment stays steady
The US added 175,000 jobs in April as hiring cooled and wage growth slowed, pushing unemployment from 3.8% to 3.9%, though extending the nation’s streak of consecutive monthly job gains.