Employers, in a Stunning Burst of Hiring, Add 353,000 Jobs in January
The employment numbers suggest the economy is shrugging off the highest interest rates in two decades.
By PAUL WISEMAN
||Economy
PAUL WISEMAN
New York, New York
Paul Wiseman is an Associated Press Economics Writer.
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Economy Expands by Unexpectedly Brisk 3.3 Percent Pace in Fourth Quarter as Consumers Fuel Resilient Growth
There is growing optimism that the Federal Reserve is on track to deliver a rare ‘soft landing’ — raising borrowing rates enough to cool growth, hiring, and inflation yet not so much as to send the economy into a tailspin.
By PAUL WISEMAN
||Economy
Employers Add a Surprisingly Strong 216,000 Jobs, Signaling Economic Strength Despite Higher Interest Rates
December’s job gain exceeds the 173,000 that were added in November.
By PAUL WISEMAN
||Economy
Federal Reserve’s Favored Inflation Gauge Rises 2.6 Percent in November, Suggesting Easing of Price Pressures
All the numbers show somewhat more progress against inflation than economists had expected.
By PAUL WISEMAN
||Economy
Wholesale Prices Up 2.2 Percent in September, the Biggest Yearly Gain Since April, Underscoring Inflation’s Persistence
Wednesday’s numbers, driven by an uptick in the price of goods, are higher than economists had expected as observers await Thursday’s release of consumer price data.
By PAUL WISEMAN
||Economy
August Jobs Report Expected To Show Moderating Pace of Hiring as Fed’s Interest Rate Hikes Slow Economy
‘Make no mistake,’ one analyst says, ‘Demand is cooling off. … But it’s not a freefall.’
By PAUL WISEMAN
||Economy
Consumer Inflation Edges Up in July After 12 Months of Declines
Consumer prices rose 3.2 percent from a year earlier, up from a 3 percent annual rise in June, the lowest rate in more than two years.
By PAUL WISEMAN
||Economy
Signs of Softening Labor Market Emerge in Jobs Report, Suggesting Fed Could Pause Rate Hikes
Friday’s report from the Labor Department raises the possibility that inflationary pressures might be easing and that the Fed might soon decide to pause its rate hikes.
By PAUL WISEMAN
||Economy
Key Inflation Measure Surges at Fastest Rate Since June
An alarming sign that price pressures are entrenched in the American economy and could lead the Fed to keep raising interest rates well into this year.
By PAUL WISEMAN
||Economy
Wholesale Prices Reaccelerate in January
The increase from December was nearly twice the rise that economists had been expecting.
By PAUL WISEMAN
||Economy
Slowing Economy Grows 2.9 Percent in Last Quarter of 2022
The resilience of the American job market has been a major surprise. Last year, employers added 4.5 million jobs, second only to the 6.7 million that were added in 2021 in government records going back to 1940.
By PAUL WISEMAN
||Economy
Inflation Measure Watched by the Fed Eases
Excluding volatile food and energy prices, so-called core inflation was up 4.7 percent over the previous year. That was the smallest increase since October 2021.
By PAUL WISEMAN
||Economy