U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month.

Former Fed Vice Chair Randal Quarles dismissed concerns about Fed independence under Trump, citing structural safeguards against influence.

The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday.

The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November. The producer ...

The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up toward the end of the year. The unemployment rate also improved, according to data released Friday by the Bureau of Labor Statistics,

A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July

Washington, United ... Federal Reserve to pause rate cuts. The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the Labor ...

The Federal Reserve is the central bank of the United States and the anchor of the ... said it was lowering the target range, citing "labor market conditions have generally eased, and the ...

President–elect Donald Trump’s plans to shrink the federal workforce would have disparate impacts on Black employment, while potentially eroding a key conduit to economic mobility that many Black families have relied on for generations.

In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas and natural gas prices, but electricity prices increased 6.2% in the past year.

The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications employed to fulfill its congressional mandate.

Although the 1993 federal Family and Medical Leave ... "Chances of Disability." United States Department of Labor. "What's the Difference?" Page 1. American Pregnancy Association.