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Today’s Date
5 July 2022
PAUL WISEMAN, AP Economics Writer
Fed’s Rate Hike Raises Likelihood of Recession
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PAUL WISEMAN, AP Economics Writer
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Jun 16, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it. Increasingly, it seems, doing...
Worry About Stagflation Begins to Grow
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PAUL WISEMAN, AP Economics Writer
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Jun 8, 2022
WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed...
U.S. Added 428K Jobs Despite Inflation
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PAUL WISEMAN, AP Economics Writer
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May 6, 2022
WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Friday’s jobs...
Jobless Claims Rise, But Still Historically Low
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PAUL WISEMAN, AP Economics Writer
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Apr 14, 2022
WASHINGTON (AP) — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs. Jobless...
U.S. Jobless Claims Rise to 280K
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PAUL WISEMAN, AP Economics Writer
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Jan 20, 2022
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant continued to disrupt the job market. Jobless claims rose for the third...
Unemployment Claims Rise to 230K
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PAUL WISEMAN, AP Economics Writer
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Jan 13, 2022
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week to the highest level since mid-November, but still low by historic standards. U.S. jobless claims climbed by 23,000 last week to 230,000,...
Jobless Claims Up, Rate Still Low
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PAUL WISEMAN, AP Economics Writer
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Jan 6, 2022
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but remained at historically low levels, suggesting that the job market remains strong. U.S. jobless claims rose by 7,000 last week to...
U.S. Jobless Claims Rise to 206K
by
PAUL WISEMAN, AP Economics Writer
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Dec 16, 2021
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week despite signs that the U.S. labor market is rebounding from last year’s coronavirus recession. Jobless claims rose by 18,000 to a 206,000,...
U.S. Jobless Claims Hit 52-Year Low
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PAUL WISEMAN, AP Economics Writer
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Dec 9, 2021
WASHINGTON (AP) — The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year’s coronavirus recession. Unemployment...
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