In major metro areas, rates are notably higher. New York City leads the country at $270/hour, while other large markets also rank above average, including Chicago ($219/hour), Dallas ($215/hour), and ...

An increasingly opaque US labor market is likely to keep the Federal Reserve from cutting benchmark interest rates until the ...

Unit labor cost growth decreased 1.9% Q/Q in Q3, unrevised from the initial estimate released on Jan. 8, vs. +1.0% in the ...

(Bloomberg) -- Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain. ...

About the author: Marcello Estevão is the managing director and chief economist at the Institute of International Finance. He teaches macroeconomics at Georgetown University. Many observers saw the ...

• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ...