Long-term unemployment tumbles in January
The share of workers unemployed for more than six months fell significantly from December, on the back of an unexpectedly strong January jobs report.
Black unemployment rate dips, labor force participation rises in January
The Black unemployment rate dipped to 6.9% in January from 7.1%.
Payrolls show surprisingly powerful gain of 467,000 in January despite omicron surge
Nonfarm payrolls were expected to increase 150,000 in January, according to economists surveyed by Dow Jones.
Here’s where the jobs are — in one chart
The U.S. added over 450,000 jobs last month amid strong demand for workers at restaurants, retailers and mail and parcel delivery companies.
Republicans grill Fed nominee Raskin over past views on climate and big energy companies
Senate Republicans on Thursday peppered Sarah Bloom Raskin with questions over whether she would steer the institution into climate change.
Weekly jobless claims total 238,000, fewer than expected
Initial filings for unemployment claims totaled a bit fewer than expected last week as companies looked to overcome the impact of the omicron spread.
Home prices surged in November, but at a slower rate than in October, S&P Case-Shiller says
Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago.
IMF cuts 2022 global growth forecast as U.S., China recovery wanes
The International Monetary Fund has downgraded its global growth forecast for 2022 as rising Covid cases, supply chain disruptions and inflation hamper the economy.
Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says
Goldman economist David Mericle said the omicron spread is aggravating price increases and could push the Fed into a faster pace of rate hikes.