U.S. adds 263,000 jobs in November and wages rise sharply — far too much for the Fed’s liking

Fed predicts big slowdown in economy as it battles inflation

Economic Market Pulse – Volume 117 The Federal Reserve continued its aggressive fight against high inflation, agreeing to the third straight super-sized interest rate hike and saying that rates will go sharply higher before the end of the year.Officials said...
U.S. adds 263,000 jobs in November and wages rise sharply — far too much for the Fed’s liking

Lower gas prices helping to support spending on other items

July year-over-year overall retail sales registered 8.6%. While month-over-month sales were unchanged in July, the details were far more encouraging, with a price-related fall in gasoline sales freeing up households to increase spending on other goods. With prices no...
U.S. adds 263,000 jobs in November and wages rise sharply — far too much for the Fed’s liking

U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic

The U.S. added a whopping 528,000 new jobs in July.  Economists polled by The Wall Street Journal had forecast 258,000 new jobs.Hiring was broad-based as businesses created the most new jobs in five months. The number of people working finally returned to February...