MercoPress, en Español

Montevideo, February 5th 2023 - 19:52 UTC

Tag: US labor market

  • Thursday, January 31st 2019 - 09:38 UTC

    US private payrolls increased in January, but the housing market is down

    The ADP National Employment Report showed private payrolls increased by 213,000 in January after surging 263,000 in December

    United States private payrolls increased solidly in January, pointing to sustained labor market strength despite a recent easing in consumer and business confidence that has suggested a loss of momentum in the economy. The strong hiring shown in the ADP National Employment Report on Wednesday also suggested there had been minimal impact on the labor market from the just-ended 35-day partial shutdown of the federal government.

  • Tuesday, December 20th 2016 - 06:51 UTC

    US labor market “the strongest in more than a decade”, Yellen tells graduating class

    “After years of slow economic recovery you advent of the strongest labor market in more than a decade”, said Yellen at the University of Baltimore

    The United States labor market is in the best condition in last decade said the chairman of the Federal Reserve Janet Yellen during a speech to the graduating class at the University of Baltimore. Fed chairman said that the signs of healthy labor market are abundant, among which stand out the stable rate of creation of new jobs and lower share of cuts.

  • Saturday, August 23rd 2014 - 06:18 UTC

    Yellen insists with expansive policies despite growing pressure from 'hawks' on interest rate

    “Five years after the end of the recession, the labor market has yet to fully recover,” argues Fed chief Yellen

    Federal Reserve Chair Janet Yellen said Friday that the US jobs market has not yet fully recovered, but acknowledged that data is sending mixed signals, spurring debate over inflationary pressures. In a speech to leading central bankers in Jackson Hole, Wyoming, Yellen, who has kept Fed policy expansive due to perceived excess slack in the jobs market, gave no clear new signs for monetary policy.