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California’s new $20 minimum wage could leave the state with higher unemployment for years to come,...
Fortune via Yahoo Finance· 1 month agoThere are “obvious limits” to raising wages, says libertarian economist Scott Sumner: "Quite a few...
Does the Fed have the labor market all wrong?
CNN Business via Yahoo Finance· 11 months agoA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an...
We’re Not In A Recession, But We Could Be Soon
HuffPost via Yahoo News· 2 years agoThere is a political debate over whether the U.S. economy is in a recession. Republicans say that because gross domestic product, a key economic metric,...
How does the labor market affect inflation?
Yahoo Personal Finance· 2 weeks agoA hot job market is usually good news for workers. When the unemployment rate is low, people can easily switch jobs and negotiate better pay from...
Larry Summers is still concerned
Semafor via Yahoo News· 9 months agoEven as inflation eases, the former Treasury Secretary says he wouldn’t bet on a soft landing for the economy and sees danger in Biden’s economic agenda.
Fed's Powell leaves kid gloves behind as he saddles up for Jackson Hole
Reuters via Yahoo Finance· 2 years ago(Reuters) - Federal Reserve Chair Jerome Powell's message on inflation and interest rates at this...
Jobs report: 'Certainly a head scratcher,' Wall Street analysts react
Yahoo Finance· 1 year agoJanuary saw a stunning surge in job growth. The Labor Department's report for the month showed...
The two most important words from Jay Powell's press conference: Morning Brief
Yahoo Finance· 1 year agoThere may not be any anticipated hikes coming up, but that doesn't mean the Fed is pausing. That...
Could Fed's 'softening' labor market prediction mean 4 million lost jobs?
Reuters via Yahoo Finance· 2 years agoIn 2019, the U.S. unemployment rate averaged 3.7% and consumer prices rose at an annual rate of...
Philly Fed President Harker: “We are at the point where we can hold rates”
HousingWire via Yahoo Finance· 7 months agoPhiladelphia Federal Reserve President Patrick Harker advocated for an end to interest rate hikes....