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Employers have curtailed hiring as tariffs push up prices and squeeze consumer budgets.
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Markets are rising and the economy is on solid footing, but corporate bankruptcies jumped to their highest level since 2020 in July.
The U.S. job market showed more signs of weakness Friday, as the Labor Department reported just 22,000 jobs added in August.
It’s getting harder to argue that the US economy is in good shape. At least, not without a ton of footnotes, caveats and fine print.
Advertisement Advertisement On top of this labor market weakness, the reliability of the government’s economic data is in ...
If the economy is so good, why does it feel so bad? Certain things have made this boom different from all other booms. First was the return of inflation. After being dormant for nearly 40 years, ...
Is Trump’s economy built on substance or just vibes? US jobs growth stalls, manufacturing shrinks, and tariffs bite while the Fed weighs rate cuts.
A surprise revision wiped out June’s job gains, revealing a net loss of 13,000 positions as unemployment hit its highest ...
Overall, perceptions of the economy remain deeply negative, with 71 percent rating it poorly versus 29 percent positively.
The Bureau of Labor and Statistics reports that the U.S. added nearly a million fewer jobs than previously thought.