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 ...

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 ...

The most disruptive technology in human history was almost certainly the wheel. That economic shock, and all the others that followed, give us useful insight into labor market effects of artificial ...

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.

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 ...

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 ...

Last week, Federal Reserve Chair Jerome Powell said the U.S. labor market has entered “a curious kind of balance.” The demand for workers has cooled, yet the unemployment rate has held steady because ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Dallas–Fort Worth is experiencing a surge of ...

Editor’s note: Opinion content is solely the opinion of the writer and not the Daily Journal. The most disruptive technology in human history was almost certainly the wheel. That economic shock, and ...

The most disruptive technology in human history was almost certainly the wheel. That economic shock, and all the others that followed, give us useful insight into labor market effects of artificial ...

Historically, technological advancements have replaced routine tasks, increasing the value of uniquely human skills. AI, like previous technologies, is expected to increase labor demand, but in ...