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Showing posts with the label Jeanna Smialek

Acting Secretary Sonderling statement on May jobs report

Acting Secretary Sonderling statement on May jobs report WASHINGTON – Acting Secretary of Labor Keith Sonderling issued the following statement regarding the May 2026 Employment Situation Report:“President Trump and this Administration once again produced the best month of job creation since taking office, demolishing economists’ expectations. This Administration is proving the cynics wrong and American workers, families, and businesses are winning.The May Jobs Report overperformed on every level, adding 172,000 jobs and marking the third consecutive month of positive payroll growth. Thanks to President Trump, manufacturing jobs are up 25,000 in 2026 and construction jobs have increased by 71,000 since he took office – a true testament to this Administration’s priorities.Under the President’s leadership, American workers are seeing benefits in real time: rising wages, increased affordability, and over 903,000 private sector jobs added. The Department of Labor remains committe...

From Winemakers to Builders, Borrowers Brace for Fallout From Bank Turmoil

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By Jeanna Smialek from NYT Business Day https://ift.tt/tiZE7rS via IFTTT

Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

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By Jeanna Smialek from NYT Business Day https://ift.tt/biM86Co via IFTTT

Why Are Middle-Aged Men Missing From the Labor Market?

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By Jeanna Smialek, Lydia DePillis and Ben Casselman from NYT Business Day https://ift.tt/CGw95tB via IFTTT

Are the Federal Reserve’s Rate Increases Working?

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By Jeanna Smialek from NYT Business Day https://ift.tt/zeQfi3J via IFTTT

Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase

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By Jeanna Smialek from NYT Business Day https://ift.tt/p45zNjY via IFTTT

The Potential Dark Side of a White-Hot Labor Market

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By Jeanna Smialek from NYT Business Day https://ift.tt/KeBmNTw via IFTTT

Biden’s budget focuses on fighting inflation, but that’s mainly a Fed project.

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By Jeanna Smialek from NYT U.S. https://ift.tt/Obvx2qT via IFTTT

Time For a Victory Lap*

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By Jeanna Smialek from NYT Business Day https://ift.tt/mGT0wCF via IFTTT

North Carolina’s Furniture Hub Is Booming. What Comes Next?

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By Jeanna Smialek from NYT Business Day https://ift.tt/3185HFu via IFTTT

Rising Rents Are Fueling Inflation, Posing Trouble for the Fed

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By Jeanna Smialek from NYT Business Day https://ift.tt/3FNiiOa via IFTTT

The Fed prepared to slow support for the economy and worried about supply chain disruption at its last meeting.

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By Jeanna Smialek from NYT Business Day https://ift.tt/3lK7N6p via IFTTT

Inflation Is Popping From Sydney to San Francisco. It May Be a Good Sign.

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By Jeanna Smialek from NYT Business Day https://ift.tt/3tkP2sj via IFTTT