Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing unemployment rise to 4.4% and slowing job growth.
U.S. labor costs increased slightly less than expected in the third quarter as a softening labor market curbed wage growth, ...
December's jobs report showed unexpected strength, with nonfarm payrolls growing by 256,000 and the unemployment rate dropping to 4.1%. Leading indicators like JOLTS and weekly jobless claims hinted ...
Fed policymakers face a tough decision on rates with inflation remaining above target as weak job market data and rising ...
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Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target.
Markets were already expecting that the Fed would cut interest rates again at next week’s policy meeting ahead of yesterday’s ...
The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome ...
These results demonstrate how hotels maintain profitability through enhanced labor productivity, improved forecasting, and optimized staffing based on demand. The 2025 Hotel Labor Costs & Trends ...
The Federal Reserve’s not yet ready to cut interest rates, as Chair Jay Powell made clear Wednesday. But the central bank is getting more data that could support rate cuts later this year. The latest: ...
Mortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report. HousingWire’s Mortgage Rates Center showed ...
The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more ...
The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...
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