Labor Is a Terrible Guide to Inflation, but Nobody Wants to Admit It

Though investors, economists and policy makers are very attached to employment figures as predictors of inflation,…

Stocks Clinch Weekly Gain Ahead of Labor Day

August jobs report boosts investor hopes for a Fed rate pause.

Job Market Cools but Is Far From Freezing

The pace of hiring is slowing, but employers would rather hang onto their workers than lay…

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they…

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal

The professional-services giant is facing the consequences of aggressive hiring sprees over the past two years,…

China’s Economy Barely Grows as Recovery Fades

China’s economy grew barely in the second quarter compared to the first, and youth unemployment hit…

Jobs Report Keeps Fed on Track to Raise Rates in July

The Federal Reserve is set to raise interest rates later this month to a 22-year high…

Jobs Report Will Show Whether Hot Hiring Cooled in June

A strong labor market has boosted economic momentum and kept pressure on the Fed to raise…

Americans Have Quit Quitting Their Jobs

listen to the article (two minutes) The number of Americans leaving their jobs has decreased since…

China’s Brain Drain Threatens Its Future

Chinese citizens, including many of the wealthy, are eyeing an exit into a new era of…