Job openings show sharp decline, but still vastly outnumber available workers
The openings total declined by 455,000 from the upwardly revised March number to 11.4 million in April, according to the Job Openings and Labor Turnover...
The openings total declined by 455,000 from the upwardly revised March number to 11.4 million in April, according to the Job Openings and Labor Turnover...
Treasury Secretary Janet Yellen emphasized that the White House has several strategies that will reduce inflation she conceded is too high for Americans.
San Francisco Federal Reserve President Mary Daly said she backs raising rates aggressively until inflation comes down.
Most of the U.S. has been seeing just "slight or modest" economic growth over the past two months or so, according to a Fed report...
Fed Vice Chair Lael Brainard said it's unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon.
Private sector employment rose by just 128,000 for the month, falling well short of the 299,000 Dow Jones estimate.
Nonfarm payrolls were expected to increase 328,000 in May, according to Dow Jones estimates.
Cleveland Fed President Loretta Mester said she doesn't see evidence that inflation has peaked and is on board with supporting multiple rate increases.
Higher mortgage interest rates are hitting homebuyer affordability hard, and that is showing up in a sharp drop in mortgage applications.