In a surprising turn, jobless claims in the U.S. have decreased significantly, dropping by 33,000 to 231,000 after reaching a four-year high. This decline may indicate a stabilizing job market as the nation continues to recover from the pandemic.
The Department of Labor's watchdog is investigating the Bureau of Labor Statistics over its data reporting methods, amidst shocking downward revisions in job growth estimates and rising inflation concerns. What does this mean for the economy?
The Labor Department's watchdog has opened an investigation into the Bureau of Labor Statistics amid claims of unreliable jobs and inflation data. With recent major revisions raising eyebrows, the probe aims to uncover the challenges faced in data collection.
In a surprising turn, US wholesale inflation fell for the first time in four months, bolstering speculation that the Federal Reserve may soon cut interest rates. The producer price index dropped 0.1%, with previous months' figures also revised down.
A new government report reveals that the U.S. labor market was significantly weaker than previously reported, raising concerns about economic stability and sparking debates among analysts.
This week’s job market data raises alarms about a slowing economy. With unemployment hitting a high and layoffs surging, seasoned analysts warn of potential market turmoil ahead.
The latest jobs report reveals a significant slowdown in hiring, with only 22,000 jobs added in August. This raises concerns about a potential recession and the implications for interest rates as Trump dismisses the BLS Commissioner.
Job openings have fallen to levels not seen since the pandemic, raising alarms about the labor market's health. With only 7.18 million listings in July, experts warn of a significant slowdown. What does this mean for job seekers?
President Trump's recent dismissal of the BLS head raises concerns about the integrity of U.S. economic data. Critics fear this could lead to manipulation of crucial statistics, reminiscent of past economic crises in Greece and Argentina.
In a controversial move, President Trump's nominee for the Bureau of Labor Statistics suggests suspending monthly jobs reports, raising concerns among businesses and policymakers about tracking the economy.
