The outlook for the Federal Reserve and US interest rates is dominated by three main themes this year: falling inflation, the outlook for the labour market and the arrival of Kevin Warsh as chair in ...
Net immigration averaged approximately 1 million people per year during the 2010s. Not anymore.
Overall, a stable pace of wage growth should support consumer spending this year. Immigration restrictions are holding back the supply of labor and putting upward pressure on wages, Duy said, but that ...
Monthly payroll employment growth has been high post-pandemic, with 205,000 jobs added per month on average in 2023. Recent studies show that increases in net immigration led to significant increases ...
The following information was released by the Federal Reserve Bank of San Francisco: Payroll job growth has slowed significantly in the past year. Slower job growth is typically associated with rising ...
Forbes contributors publish independent expert analyses and insights. Stuart Anderson writes about immigration, business and globalization. The U.S. Department of Labor Building in Washington, D.C.
This is a particularly challenging time for developing and presenting a balanced view of the economic outlook and its implications for investors. This is partly due to dramatic changes in trade, ...
After last week’s weaker-than-expected payrolls release, the Fed will likely lower policy rates at the next FOMC meeting in September. Although concerns over a slowdown in labor demand have gained ...
The jolt to business as usual from the COVID-19 pandemic was followed by a mass exodus of workers from the labor force. The Great Resignation saw 47.8 million Americans quitting their jobs in 2021, ...