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Lack of jobs data due to government shutdown muddies the outlook for hiring and the economy
The government shutdown has delayed September’s jobs report, forcing economists and the Fed to rely on private data to gauge hiring trends.
Shutdown halts key economic data as Fed weighs rate cuts
The government shutdown delays jobs and inflation reports, leaving the Fed with less data as it considers more rate cuts.
D.C.-area leaders launch initiative to help laid-off federal workers
Talent Capital, a website launched Wednesday, aims to help laid off federal workers find jobs and keep them in the Greater Washington region.
US consumer confidence falls on inflation, weak jobs
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
Federal job cuts ripple through Northern Virginia
Trump’s federal job cuts are hitting Northern Virginia hard, with layoffs, stalled contracts, rising unemployment and a softening housing market.
Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
A Brookings report shows DC’s job market weakening as Trump’s federal workforce cuts push unemployment to the highest rate in the nation.
Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
US inflation worsened last month as the cost of gas, food and airfares jumped
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries, hotel rooms and airfares rose, along with the cost of clothes and used cars. Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January. Excluding […]
New data shows the US job market was much weaker than thought in 2024, and this year as well
WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. The department issues the so-called benchmark revisions every year. […]
Hiring stalls with US companies reluctant to expand in an uncertain economic landscape
Employers added 22,000 jobs in August, down from 79,000 in July, as the unemployment rate rose to 4.3% amid Trump policy uncertainty.
OurView: Will AI spell lights out for white-collar workers?
Perhaps the greatest symbol of tech companies’ uncanny valley visions for the AI-powered future are dark factories — also called lights-out factories, these AI-managed manufacturing plants are so fully automated that machines perform their work in full or near darkness 24 hours a day, seven days a week, without breaks — and largely without humans. […]
Powell signals Fed may cut rates soon even as inflation risks remain
Fed Chair Jerome Powell said a rate cut may come in the months ahead but gave no timing, citing risks from both inflation and unemployment.
