Employment / Unemployment

U.S. job growth accelerates; layoffs remain elevated

WASHINGTON (Reuters) – The U.S. economy created a record 4.8 million jobs in June as more restaurants and bars resumed operations, but layoffs remained elevated … Read more

U.S. companies not rushing to rehire workers; rising COVID-19 cases threaten recovery

WASHINGTON (Reuters) – U.S. private payrolls increased less than expected in June as reopening businesses showed little urgency to rehire workers and employers announced more … Read more

Fed revisits idea of pledging to keep interest rates low

WASHINGTON (Reuters) – Federal Reserve policymakers are looking at reviving a Great Recession-era promise to keep interest rates low until certain conditions are met, in … Read more