New data from December shows a labor market that remains strong all-around even as wages have begun to decelerate. The unemployment rate ticked down from 3.6% to 3.5%, while prime-age employment increased from 79.7% to 80.1%. The establishment...
The Fed says that the labor market needs to cool in order to bring inflation down. A key part of the case for maintaining the current pace of...
As Congress considers a year-end spending bill, it faces a decision that will have a meaningful effect on inflation: whether or not to extend across-the-board Medicare reimbursement rates.
Overall the labor market data from November show a mixed picture, with the establishment survey showing resilience even as the household survey signaling a slowdown.
