US Labor Market Softens as Payrolls Turn Negative
According to the US Bureau of Labor Statistics (BLS), nonfarm payroll employment declined by 23,000 jobs in July, while the unemployment rate held steady...
Pressure Rises to Raise Rates
You know that Federal Reserve Chairman Kevin Warsh has said his Federal Open Market Committee (FOMC) will deal with inflation. Now, members of that...
US Labor Productivity Accelerates in Second Quarter
The US Bureau of Labor Statistics reported that nonfarm business labor productivity increased 1.4% in the second quarter of 2026. The gain reflected a...
Technology Industry Continues to Lead US Layoffs
The July 2026 Challenger, Gray & Christmas report showed that US employers announced 62,075 job cuts, up 35% from June's 45,849 and nearly 140%...
Census Report Shows Continued Strength in America’s Manufacturing Base
The US Census Bureau reported that new orders for manufactured goods fell 0.3% in June to $656.5 billion, marking the second consecutive monthly decline....
