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Employment

2 articles on this topic, newest first.

Why the Fed cannot cut: the triple lock of jobs, oil and AI

Inflation is not the only thing blocking a rate cut. A firm labour market, energy prices back on the rise, and an enormous AI investment cycle are each pushing up the floor under US interest rates by a different route.

Macro

Fewer Layoffs, Fewer Jobs: America's 'Low-Hire, Low-Fire' Trap

A 4.1% unemployment rate makes the US labor market look fine. The hiring and quits rates tell a different story: companies are not cutting people, but they are not adding them either. The first thing to break is not the jobless line. It is the pay ladder for people who already have jobs.

Macro