Tag: labor market

Fed Holds Rates, Rules Out Hike But Delays Cuts Over Inflation

World
US Federal Reserve keeps interest rates steady, signals no imminent hike but pushes back rate cut timeline as inflation progress stalls. Key insights from Powell.

US Companies Avoid Mass Layoffs, Adjust Hours: Fed Beige Book

Business
Federal Reserve report reveals employers are adjusting work hours instead of mass layoffs amid weak labor market. AI replaces entry-level jobs as Fed meeting approaches.

Consumer Confidence Plunges to 7-Month Low Amid Economic Worries

World
US consumer confidence fell sharply in November, missing forecasts as inflation concerns and political uncertainty weighed on American households.

US Unemployment Rises to 4.4% as Economy Adds 119,000 Jobs

World
September 2025 jobs data shows unemployment at 4.4% with 119,000 new positions added, exceeding expectations despite government shutdown.

US Layoffs Hit 14-Year High: 1 Million Jobs Cut in 2025

World
October 2025 saw highest US job cuts since 2003 with 153,074 layoffs. Technology, warehousing sectors lead massive employment downturn affecting nearly 1 million workers.

Fed’s Powell Admits AI Job Loss Fears Are Real and Growing

World
Federal Reserve Chair Jerome Powell confirms AI is causing hiring freezes and job cuts, creating a major policy challenge for the US economy.

US Job Cuts Near 1 Lakh as Labor Market Shows Cracks

World
Major layoffs at Amazon, UPS, Intel and Microsoft signal labor market distress, putting pressure on Federal Reserve to cut interest rates amid data blackout.

Fed Cuts Rates Again Amid Hiring Slowdown and Inflation Concerns

World
Federal Reserve reduces benchmark rate for second time this year, balancing weak job growth against persistent inflation. Learn how this affects loans and economy.

Powell Flags Rising Employment Risks as Labor Market Cools

World
Fed Chair warns of growing job market concerns while signaling potential rate cuts ahead as hiring slows and quantitative tightening ends.