Job openings surged and the Great Resignation was in full swing in 2022 as the labor market slowly rebounded from the shocks caused by the pandemic. But new government data illustrates just how strong ...
The latest biweekly reading of the Penta-CivicScience Economic Sentiment Index (ESI) decreased by 0.1 points from 34.4 to ...
The number of Americans filing for unemployment benefits last week unexpectedly fell to the lowest level in 16 months, evidence that the labor market remains resilient even in the face of high ...
The stock market has taken a sudden sharp turn lower in August after the broad rally seemed to run low on gas in July. The market’s drop appears to be a combination of weaker-than-expected economic ...
The U.S. economy shrank at a 0.3% annual rate in the first quarter of the year, the first decrease in national output since 2022. The decrease was due to a surge of imports, as people raced to buy ...
To continue growing the middle class, Congress and the Biden administration should learn from what worked in their response to the COVID-19 pandemic and associated recession that led to ...
National health expenditures are projected to grow 5.4 percent, on average, over the course of 2022–31 and to account for roughly 20 percent of the economy by the end of that period. The insured share ...
Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4% in ...
The Canadian economy was likely a bit stronger in 2022 than previously thought, according to new data from Statistics Canada. Provincial GDP data indicates the economy grew by 3.6% in 2022, the ...
The latest 3.1% forecast is considered optimistic by most independent bodies. Italy's employers' lobby Confindustria has said the economy is heading for recession, defined as two consecutive quarters ...