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 ...

Firms usually decide how many workers to employ based on how much income each worker generates for the company after deducting employment expenses. Managers estimate how much income workers generate ...

The key risk for the U.S. economy continues to be a labor market forecast that is “tilted towards a worse outcome,” according to David Mericle, chief U.S. economist at Goldman Sachs.

Labor costs are a big component of the cost of services, and consumer spending on services accounts for nearly half of this economy. The recent slowdown in consumer spending is already starting to ...

The health sector holds many of the best job opportunities for workers in 2025, due to factors like high labor demand and pay, according to a new ranking from job search site Indeed. Health care roles ...

In March, there were 2 million more jobs than people to fill them in Southern states, according to an analysis of Labor Department data by Moody’s Analytics. The surplus of job openings is down by ...

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 laws of supply and demand are in play in any market, wherever people are buying and selling goods and services. The labor market is no different. While we talk about the labor market as if were ...

A tight labor market is increasing demand for teenage workers and boosting their wages to higher-than-usual levels as many teens around the country look for jobs during their summer breaks. The ...

Longtime labor organizer Jane McAlevey has some advice for what workers should demand of employers and union leaders: Don’t sign gag orders and commit to transparency. That’s what McAlevey, the author ...