The unemployment rate increased to 3.7% in August 2022 even as more Americans returned to work, according to a Friday release from the Bureau of Labor Statistics.
The U.S. economy had far more vacant jobs at the end of July than economists expected, indicating that the Federal Reserve’s interest rate increases have not yet cooled the labor market.
Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation
Despite a July Commerce Department report showing a second consecutive quarter of negative GDP growth — the classic definition of a recession — Biden...
A Minneapolis teachers union contract stipulates that white teachers will be laid off or reassigned before “educators of color” in the event Minneapolis Public Schools (MPS) needs to reduce staff.
