U.S. wage growth is expected to slow this year as employers hand out lower, though still solid, raises in 2023, a survey shows.
Author: Paul Davidson, USA TODAY
Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk
Inflation could slow faster than the Fed believes, reducing the need for more rate hikes and lowering recession risks. Rent growth is already easing.
Powell says strong jobs report shows that more Fed rate hikes could be needed to lower inflation
Fed Chair Powell said last week’s blockbuster jobs report shows why additional interest rate hikes could be needed to dampen high inflation.
A look at economy’s strengths, weaknesses as Biden sets to boast of record job growth in State of Union
As Biden prepares to extol a strong economy in his State of the Union, a look at its strengths and weaknesses. Job growth is robust, housing is weak,
So January’s blockbuster job gains sank stocks and stoked recession fears? Really?
Friday’s report of 517,000 job gains in January rocked the market and raised concerns of sharper Fed rate hikes that could cause a recession.
A 2023 recession would mean job losses for most industries even as others add workers
A 2023 recession would mean layoffs and job losses in industries like construction and manufacturing. Energy and autos could gain.
GDP report: Economy grew solidly in 4th quarter but recession fears remain. Here’s what to know.
The economy grew 2.9% in the fourth quarter but a recession is still likely in 2023, experts say. Sharp Fed rate hikes are expected to take bigger toll
A recession in 2023 could take biggest toll on West, Northeast. See how your state may fare
A recession in 2023 could hit the West and Northeast hardest. The Midwest is likely to best withstand a downturn.
Layoffs in a likely recession this year could be determined by software programs
Layoffs in an anticipated recession this year could be made by software programs. Some experts worry the technology could miss nuances.
Inflation is battering lower-income households most as food, housing costs soar, Fed study says
Inflation is hurting lower-income households most as food and housing costs surge. That reverses a pattern that hit middle-income Americans hardest.