US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
[ad_1] By any measure, it amounted to a strong month of hiring. [ad_2] Source link
Economy
'The last mile is harder': Stubborn inflation stalls rate cuts
[ad_1] The concern is that higher rates are putting pressure on households and businesses looking to borrow, weighing on hiring, investment and the housing market. [ad_2] Source link
US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength
[ad_1] Last month’s job growth was up from a revised gain of 229,000 jobs in January. [ad_2] Source link
The toughest pain points awaiting Biden at the State of the Union
[ad_1] The president’s team thinks it’s had a historically successful first term, delivering victories on the economy, climate, drug pricing and more. But many Americans aren’t feeling it. [ad_2] Source link
This Is The Economy Democrats Wanted. But Voters Only See Inflation.
[ad_1] Higher wages, higher growth, higher productivity. Win-win-win. There’s a chance we’re headed down that exact path, and yet, Americans don’t seem very enthused. Because they really hate inflation. For the coalition that has supported this agenda — Democrats to the left of Larry Summers, along with economists representing a range of ideologies — the … Read more
Trump and his allies adjust their messaging on the economy as it steadily improves
[ad_1] It’s a clear upward turn for Biden following a grueling period of price spikes that soured voters’ mood and damaged the president’s approval ratings. Biden has consistently received low marks on his handling of the economy, with polls showing cost of living issues among Americans top concerns. But now, with the risk of a … Read more
US employers added surprisingly robust 353,000 jobs in January in further sign of economic strength
[ad_1] This week, the Federal Reserve took note of the economy’s durability, with Chair Jerome Powell saying “the economy is performing well, the labor market remains strong.” The Fed made clear that while it’s nearing a long-awaited shift toward cutting interest rates, it’s in no hurry to do so. To fight inflation, the Fed raised … Read more
Biden tries to shift the focus from Bidenomics to Trumpenomics
[ad_1] It’s an argument that recognizes the sales job Biden has tried to make about his economic needs to be more of a contrast. But aides also believe they have the fodder to make this messaging shift work. In particular, Biden officials have homed in on the GOP frontrunner’s passage of massive corporate tax cuts … Read more
White House seizes on positive economic message
[ad_1] White House seizes on positive economic message [ad_2] Source link
Biden’s blue-collar pitch: Factories now, manufacturing jobs later
[ad_1] But 10 months out from the election, those new factory projects remain in their early stages — and have yet to generate an anticipated wave of manufacturing jobs. And after a pandemic-era rebound, industry hiring overall has turned stagnant: Manufacturers added just 12,000 jobs in 2023 amid an extended business slowdown. The lull has … Read more