A job market slowdown is expected as the Federal Reserve taps the brakes.
With job openings declining and layoffs ticking up, monthly employment gains will be harder to come by.
USA
How Americans Feel About the Job Market
In a survey, most say that it is a good time to find work and that the labor market favors employees. They see little change ahead for at least six months.
When Home Is a Ferry Ship: An Influx From Ukraine Strains Europe
Millions have fled Russia’s invasion, but where housing is expensive and scarce, countries like Estonia are paying shipping firms to offer refugees safe but tight quarters.
Inflation rates are rising in the US – an economist explains why
A variety of factors have caused the U.S. inflation rate to increase over the past few years, from the pandemic to the war in Ukraine. Javier Ghersi/Moment via Getty ImagesConsumer prices in the U.S. are rising due to inflation at the fastest rate they have in decades.
Who benefits from renewable energy subsidies? In Texas, it's often fossil fuel companies that are fighting clean energy elsewhere
Texas is the No. 1 wind power producer in the U.S. Greg Smith/Corbis SABA via Getty ImagesTexas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California.
Congress Is Giving Billions to the Chip Industry. Strings Are Attached.
Industrial policy is back in Washington, as a vast semiconductor and science bill gives the government new sway over a strategic industry.
Who’s to Blame for a Factory Shutdown: A Company, or California?
The closing of a meatpacking plant near downtown Los Angeles has left its workers reeling and amplified questions about doing business in the state.
Charities that don't embrace common financial norms tend to outperform their peers
Bucking conventions can be wise. wenmei Zhou/ DigitalVision Vectors via Getty ImagesThe Research Brief is a short take about interesting academic work.
The big idea
Job Openings Fell in June, Suggesting That the Labor Market Is Cooling
Employers appear to be responding to rising interest rates and a slowing economy by reducing open positions.
A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers.
Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.
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