The U.S. economy added 196,000 jobs in March
Unemployment remained near the lowest level in almost 50 years
- April 5, 2019 April 5, 2019
- 12:23
Unemployment remained near the lowest level in almost 50 years
February saw housing starts slump to 8.7%
The U.S. has now added jobs for 100 straight months, the longest such period on record
Business investment surprises to the upside
Higher mortgage rates are weighing on sales
Average pay rose by the most in nearly a decade
Companies are facing intense pressure to boost pay to find the workers they need
Rise was the smallest increase in six months
The U.S. Federal Reserve will likely keep raising short-term interest rates at only a gradual pace, Fed chair Jerome Powell said Wednesday, partly because there are few signs, so far, that the ultra-low U.S. unemployment rate is pushing up inflation. In a speech in Portugal, Powell said that, with the unemployment rate at an 18-year […]
Independence is key to combatting inflation and helping stabilize the economy