Compiled by the Bureau of Labor Statistics, the ECI usually gets little attention from the general media. Here’s why it’s a statistic worth tracking: Its current tiny increases are helping keep inflation in check and allowing t…
Many people blame America’s high unemployment rate on a mismatch between workers’ skills and the fields with open jobs. But jobs are scarce across all sectors. That means effective policies are needed to stimulate demand and re…
Private employers added 187,000 jobs in January, ADP announced Wednesday, 47,000 more then economists had predicted. That marks the fourth straight month of significant job gains — a trend that suggests the U.S. labor market i…
The all-important January employment reports come out this week. Also worth watching for are a host of earnings releases, led by economic bellwhether UPS. The package deliverer is expected to post strong results.
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Consumers reopened their wallets and manufacturers slashed inventories, indicating they’re getting ready to ramp up production of more goods this year. Also contributing to growth were rising exports and falling imports. But ju…