US Economy

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates. The world’s top economy saw...

Thursday’s advances in New York and Europe were extended to Asian markets as a forecast-busting US retail sales report revealed that American consumers remain upbeat despite high inflation and the possibility of further interest rate hikes....

The US economy added 678,000 jobs last month, far ahead of expectations, as activity continued to rebound. The unemployment rate also edged down to 3.8%, the US Bureau of Labor Statistics reported, reports BBC. Job growth...

The US economy saw an increase in hiring in May as restrictions eased, although fewer jobs were added than expected. Employers created 559,000 jobs, driven by reopenings at restaurants, bars and hotels in particular. That failed...

The US economy lost jobs last month for the first time since April as rising coronavirus cases took a toll. Employers shed 140,000 positions, leaving the jobless rate unchanged at 6.7%, reports BBC. Restaurants and bars...

The rapidly growing internet sector accounted for $2.1 trillion of the U.S. economy in 2018, or about 10% of the nation’s gross domestic product (GDP), an industry group said on Thursday. The Internet Association, a group...

The US economy created far fewer jobs than expected last month and wages also rose less than forecast. Some 75,000 jobs were created in May rather than the 185,000 expected by analysts, the Bureau of Labor Statistics...

The US economy created the lowest number of jobs for a year-and-a-half in February, well below forecasts. Just 20,000 new jobs were created last month against expectations of a 180,000 increase, official figures show. It is...

The US economy added 157,000 jobs in July – 33,000 fewer than expected and well below the 248,000 created in June. Economists had forecast that the number of jobs created would be close to 190,000 for...