Labor market

Germany Unemployment Rate Rises to Highest Since 2021

Germany's Unemployment Rate Rises to Highest Since 2021

Germany is reportedly grappling with an economic slowdown that is now impacting its labor market.

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U.S. hiring seen solid in June, keeping September rate hike in play

U.S. job growth likely cooled a bit in June after reaching a five-month high, but still-healthy hiring would suggest the labor market is strong enough to support a September interest rate increase by the Federal Reserve.

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Wage growth may be on tap as more Americans quit jobs

Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labor market and falling unemployment rate could result in healthier wage growth and inflation.

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Soft U.S. data hints at near-term hiccup in economic growth

The number of Americans filing new claims for unemployment aid last week rose to its highest level since May, but economists dismissed the increase as weather-related and said the jobs market remained solid.

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Fed officials worried about hiking rates too soon: minutes

Federal Reserve policymakers expressed concern last month that raising interest rates too soon could pour cold water on the U.S. economic recovery, and fretted over the impact of dropping "patient" from the central bank's rate guidance.

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U.S. wholesale stocks weak; job openings highest since 2001

U.S. wholesale inventories barely rose in December, the latest suggestion that economic growth in the fourth quarter was even slower than initially thought.

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U.S. housing starts fall, but trend points to recovery

U.S. housing starts and permits fell in November, but remained at levels consistent with a gradually improving housing market. Groundbreaking declined 1.6 percent to a seasonally adjusted annual pace of 1.028 million units, the Commerce Department said on Tuesday. October's starts were revised up to a pace of 1.045 million units.

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Mortgage rates hindering housing recovery

Economists view that the housing recovery is hindered by increasing mortgage rates.

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US labor and factory data show economic stability

The number of Americans who filed for jobless benefit claims fell to a nearly six year low while US manufacturing activity increased this month.

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