Articles filed under Economy
-
U.S. employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing ratesNov 03, 2023 1:00 am - WASHINGTON - The nation's employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remain...
-
U.S. applications for jobless benefits inch higher but remain at historically healthy levelsNov 02, 2023 1:00 am - The number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve's aggressive interest ra...
-
Many Americans say their household expenses are outpacing earnings this year, AP-NORC poll showsOct 27, 2023 1:00 am - NEW YORK - About 2 in 3 Americans say their household expenses have risen over the last year, but only about 1 in 4 say their income has increased in the same period, ac...
-
Europe's central bank halts rate hikes as war in the Middle East casts a shadow over the economyOct 26, 2023 1:00 am - FRANKFURT, Germany - The European Central Bank left interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom o...
-
U.S. economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikesOct 26, 2023 1:00 am - WASHINGTON - The nation's economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespre...
-
Illinois awarded additional $11.25M grant from U.S. Department of LaborOct 26, 2023 1:00 am - The Illinois Department of Employment Security (IDES) has been awarded an $11.25 million grant from the U.S. Department of Labor to support continued modernization, frau...
-
Women across Iceland, including the prime minister, go on strike for equal pay and no more violenceOct 24, 2023 1:00 am - HUSAVIK, Iceland - Schools, shops, banks and Iceland's famous swimming pools shut on Tuesday as women in the volcanic island nation - including the prime minister - went...
-
Illinois payroll jobs increase to record highOct 20, 2023 1:00 am - The Illinois Department of Employment Security announced Thursday the unemployment rate increased 0.3 percentage points to 4.4%, while nonfarm payrolls increased by 9,50...
-
Applications for U.S. jobless benefits fall to lowest level in more than 8 monthsOct 19, 2023 1:00 am - Applications for U.S. unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates...
-
Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflationOct 19, 2023 1:00 am - WASHINGTON - Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a ...