Hours worked rose 3%. U.S. real gross domestic product expanded at a 1.1% annual rate, down sharply from 2.6% growth in the fourth quarter. Unit-labor costs, a key measure of wages ...

The US central bank has pushed interest rates to more than 4.75%, from near zero last March, moving aggressively to try to slow the ... low borrowing costs had fuelled growth - have been growing ...

March's slowdown in job creation and wage growth could cause the central bank to gauge that the labor market no longer threatens to drive up inflation and could sway it toward a more dovish ...

In reality, what the Fed is trying to do is slow business growth ... the labor shortage, he said. First, a record number of Americans are working. There are 3.3 million more jobs in the US ...

setting up consumer spending on a slow growth path in the second quarter. Still, consumer spending remains underpinned by a tight labor market, characterized by a 3.5% unemployment rate.

WASHINGTON: U.S. economic growth slowed more than expected in the ... is being underpinned by a tight labor market, characterized by a 3.5% unemployment rate. A separate report from the Labor ...

This report draws on ADP’s anonymized and aggregated payroll data of over 25 million US employees ... in pay growth gives the clearest signal of what’s going on in the labor market right ...

The number of Americans filing for jobless claims last week rose to its highest level in a year-and-a-half, though the labor market remains healthy by historical standards.

Republicans have said the cuts are needed to slow the growth of the US debt, which is projected to climb steadily in the years to come as an ageing population drives up pension and health costs.

The issue, therefore, is not so much whether we know how to slow down the escalation of health care costs. Abundant international evidence, and even examples in the United States, demonstrate that ...

Economists expect rents to fall, based on new leases, but that shift has been slow to filter through to existing leases. Used car prices leaped 4.4% after as a flurry of wholesale cost increases ...

But retail sales declined in February and March, while wage gains are slowing and most of the boost to income from social benefits has faded, setting up consumer spending on a slow growth path in ...