The number of Americans filing new claims for unemployment benefits increased marginally over the past week, suggesting the labor market likely maintained a steady pace of job growth in January.The Department of Labor’s weekly unemployment benefits reports have been clouded in recent weeks by challenges in adjusting the data for seasonal fluctuations around the holiday […]
US job growth slowed more than expected in December due to corporate caution about hiring due to tariffs and rising investment in artificial intelligence, but the unemployment rate fell to 4.4%, supporting expectations that the Federal Reserve would leave interest rates unchanged this month.Nonfarm payrolls rose by 50,000 jobs last month after rising by a […]