Slowed
The economy is contracting, companies are reporting losses and consumers are tightening their belts. As dour as the economic data has been this week, President Trump continues to insist his policies are working. Ahead of a closely watched — and unpredictable — jobs report released Friday morning, Mr. Trump has sought to take an early […]
Updated Feb. 7, 2025, 9:34 a.m. ET The pace of hiring slowed slightly in January, signaling more subdued employment growth even as joblessness remained low. A total of 143,000 jobs were added, a showing that fell short of forecasts, the Labor Department reported on Friday. The unemployment rate edged down to 4 percent.
The U.S. jobs market cooled in June but remains solid, raising the odds that the Federal Reserve will be able to curtail inflation without pushing the economy into a downward spiral. Nonfarm payrolls rose by 206,00 jobs last month, in line with analyst forecasts, and unemployment edged up to a still-low 4.1% from 3.4% in […]
U.S. economic growth slowed in the first three months of the year, with gross domestic product growing at an annualized rate of 1.6 percent, as consumers began gradually pulling back. GDP was down sharply from the 3.4 percent annual rate in the last quarter of 2023, according to data released . . .
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