The Federal Reserve is risking a recession by trying to curtail wage growth and inflation. Some economists say its impact on wages may be limited.
Author: Paul Davidson, USA TODAY
Jobs report: Employers added 311,000 jobs in February as hiring slowed; unemployment rose to 3.6%
Labor Dept: U.S. employers added 311,000 jobs in February as hiring slowed after booming gains the prior month, jobs report shows. Unemployment rose to 3.6%.
Consumers hurt by illegal junk fees for bank accounts, loans and mortgages, CFPB report finds
The Consumer Financial Protection Bureau found Americans were hit with many junk fees for auto loans, mortgages, student loans and payday lending.
Job openings, quitting fell, layoffs rose in January as labor market cooled
Job openings declined in January while layoffs increased in signs demand for workers may be easing. The number of people quitting jobs also fell.
Jerome Powell remarks today: Fed chair testifies before Senate on inflation, speeding up rate hikes
Powell tells Congress the Fed could raise interest rates more than anticipated to tame inflation. Price increases and job growth have surged lately.
Fed will hike interest rates higher if strong job growth, inflation continue, Fed governor says
The Federal Reserve will lift interest rates more than planned if a trend of strong job growth, high inflation doesn’t reverse, a key official says.
From performing arts to theology, college grads in these majors are just scraping by
Here are 6 college majors that lead to median salaries of under $40,000 within five years of graduation. Among them: theology, psychology, hospitality
Layoffs, recession fears spur some companies to hire more gig economy workers
As layoffs and recession worries increase, more companies are turning to gig economy workers, freelancers and contractors
Are we headed for a recession? More economists think a 2023 downturn may come later than they thought
The economy will be stronger than thought and recession will start later, experts say. Strong job growth and spending means faster start to 2023
Airline pilots got sharpest pay increases since 2010; dentists, the smallest. See if your job made the list.
Airline pilots got sharpest pay increase past 10 years while dentists got the most modest. 5 occupations with sharpest pay hikes, and 5 with smallest