Browsing: labor

Key Insight: Federal Reserve Gov. Michael Barr said the economy is currently ‘closest’ to a scenario in which AI gradually raises worker productivity without resulting in…

Processing ContentKey Insight: Fed Vice Chair Michelle Bowman said labor market risks remain elevated and cautioned against signaling a policy pause as the central bank weighs…

Key insight: December job growth was modest with gains concentrated in restaurants and bars.Supporting data: Revisions to prior months show October payrolls fell 173,000, a significant…

Patients are prepared for surgery on the opening day of UCI Health – Irvine in Irvine, CA on Dec. 10, 2025. Officials opened what is described…

Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New…

Mortgage rates fell for three straight weeks in the lead-up to the Federal Reserve’s Oct. 28-29 meeting, but now APRs have begun to reverse course. As…

Key insight: Fed Vice Chair Philip Jefferson described a delicate balancing act, supporting moderate rate cuts to protect jobs while keeping long-term inflation under control.Supporting data:…

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in…

Key insight: Fed Vice Chair for Supervision Michelle Bowman signaled that she is onboard for notable short term interest rate cuts if the labor market picture…

Key insight: The Federal Reserve’s move to cut rates was bolstered by growing concern over a softening labor market.Expert quote: “Almost everyone wrote down support for…