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Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000 fewer ...

Federal Reserve Governor Christopher Waller spoke out on the necessity of an interest rate cut due to weakening labor market conditions. Waller advocates for rate cuts to counteract the declining job ...

The U.S. jobs market may be stalling — and could miss the long-promised “soft landing,” economists said. Total nonfarm payroll employment rose by only 22,000 in August, according to the U.S. Bureau of ...

Expectations heading into this week showed projections of about 75,000 new jobs having been added in the United States in August. As it turns out, according to the new report from the Bureau of Labor ...

The economy added a skimpy 22,000 new jobs in August and the unemployment rate rose to a nearly four-year high, underscoring the increasing fragility of the U.S. labor market. The fourth subpar ...

The U.S. economy added jobs at a slower pace in August amid uncertainty about economic conditions, adding to signs of a weakening labor market. The Labor Department on Friday reported that employers ...

The stagnant American jobs market reflects the pressure American small businesses are facing from high interest rates that are around two percentage points above those of other industrialized nations.

• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ...

Jobless rate climbs to 4.3% - highest since 2021- as economy generates just 22,000 jobs, less than a third of the consensus forecast The economy added a skimpy 22,000 new jobs in August and the ...