Fed to end ultra-low interest rates if hiring keeps improving, Powell says

Should hiring continue to improve, Chair Jerome Powell said the Federal Reserve will dial back its ultra-low interest rates policies later this year.

Pennsylvania unemployment rate down, payrolls up 29K in July

Pennsylvania’s unemployment rate dropped to a new post-pandemic low and the labor force shrank in July as payrolls jumped by nearly 29,000, according to state figures released Friday.

US unemployment claims hit pandemic low as hiring strengthens

The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.

US jobless claims fall for 3rd straight week as economy strengthens

U.S. unemployment claims dropped to 375,000, near a pandemic low and another sign of strength for a rebounding economy and job market.

Here's how close Americans are to getting $2,000 monthly stimulus checks

According to a survey, the last rounds of stimulus checks helped improve Americans’ ability to buy food, pay bills, and reduced anxiety and depression.

US unemployment claims drop by 14,000 to 385,000

The number of Americans seeking unemployment benefits fell last week to 385,000. The applications have mostly fallen steadily since early January.

Bill would send US adults 'guaranteed income' of up to $1,200 per month

A bill proposed by Rep. Ilhan Omar, D-Minn., would send monthly payments of up to $1,200 to adults and $600 to kids following years-long pilot programs.

US unemployment claims down 24,000 to 400,000 as economy recovers

U.S. unemployment claims dropped by 24,000 to 400,000 last week in another sign that the job market is recovering from the coronavirus recession.

Economic recovery from pandemic will have ups and downs, Biden says

Amid rising consumer costs as the US rebounds from the COVID-19 pandemic, President Biden assured Americans Monday that the inflation is short-term.

American unemployment claims fall to 360,000, another pandemic low

The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.

Consumer prices saw largest inflation spike in June since 2008

Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.

US unemployment claims tick up to 373,000 from a pandemic low

U.S. unemployment claims rose slightly last week by 2,000 to a total of 373,000, even as the economy and the job market appear to be rebounding.

Patio furniture shortage tells US economic tale

It’s almost the mirror opposite of the recovery from the Great Recession of 2007-2009, which was marred by slow growth but also the near-instant delivery of almost every imaginable product.

June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

US unemployment claims fall to 364,000, a new pandemic low

U.S. unemployment claims dropped by 51,000 last week to 364,000, the lowest level since the pandemic began in 2020.

Home prices surge by most on record

Home prices rose 14.6% year over year nationally in April, according to the national Case-Shiller index, making for the highest reading in more than 30 years of recordkeeping.

US unemployment claims tick down to 411,000 as economy heals

The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.