Tag Archives Labor Department

U.S. Economy Adds Jaw-Dropping 517K Jobs In January; Crushing Expectations
Economy/Finance Zone

U.S. Economy Adds Jaw-Dropping 517K Jobs In January; Crushing Expectations

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The U.S. economy added over half a million jobs in January, blowing expectations out of the water in the first month of the year — revealing that the labor market continues to remain strong despite the Federal Reserve’s aggressive monetary tightening in its fight to tame inflation.

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January Inflation Surges 7.5%, Hitting A New 40-Year High
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January Inflation Surges 7.5%, Hitting A New 40-Year High

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Inflation continues to run red-hot in January, with consumer prices notching another fresh four-decade high — indicating no sign of easing anytime soon and cementing the Federal Reserve’s prospects of aggressively raising interest rate hikes next month to combat the inflationary pressure hurting Americans.

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