The Latest Breaking News from the Labor Department

U.S. employers added 353,000 jobs in January — far more than forecasters expected. The sizzling job market is good for workers but could cause the Federal Reserve to postpone a cut in interest rates.

The US labor market smashed expectations last month in a surprise hiring pick-up, government data showed Friday, with a resilient jobs market likely good news for President Joe Biden in election year.

Wholesale inflation in the US fell in December, signaling easing price pressures. The report suggests slowing inflation and a resilient economy.

Discover how the US labor market remains resilient, with jobless claims reaching a three-month low despite elevated interest rates and inflation concerns.

Resilient labor market shines as jobless claims in the U.S. drop, indicating fewer layoffs despite high interest rates. Bright spot in uncertain times.

Over 24 million mothers of children under 18 are in the labor force. Nursing and teaching are the most common professions for working moms.

Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease

The mixed picture in Tuesday’s inflation report will likely keep the Federal Reserve on track to leave its benchmark interest rate unchanged when its latest meeting ends Wednesday.

Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

The November jobs report came out Friday morning. The Labor Department reported that 199,000 jobs were added last month, resulting in a 20-basis-point drop in the unemployment rate to 3.7%. The news should help Friday trading.

U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace