Stubbornly high inflation and rising interest rates are creating a pervasive sense of uncertainty among business owners and investors that has left policymakers with few good options. … READ MORE >
Blog
What’s behind the slowdown in construction hiring?
The October jobs report would seem to represent a peak in the construction industry as builders added only 1,000 jobs. But is more at play? … READ MORE >
5 things to know in life sciences: Week of Oct. 31
From the RSV vaccine race to a new product promoting decentralized oncology trials, each week we highlight five things to know in the life sciences industry. … READ MORE >
October data: Manufacturing jobs show little sign of slowing, but openings still elevated
After three months of softening manufacturing payroll data, hiring continued and experienced an uptick in October, according to Bureau of Labor Statistics data released Friday. … READ MORE >
Canada adds a stunning 108,000 jobs in October, reversing decline of prior 5 months
The outsize gain and the resilience of the job market suggest that the Bank of Canada will announce another supersized interest rate hike next month. … READ MORE >
U.S. October jobs report: Strong growth as labor market remains tight
Total employment increased by 261,000 jobs in October, which brought the total gain in employment this year to 4 million positions. … READ MORE >
Initial jobless claims inch down amid tight labor market
New filings for jobless benefits inched down by 1,000 last week from 218,000, remaining near their historical lows, according to government data released Thursday. … READ MORE >
Fed raises its policy rate by 75 basis points as it prepares to slow pace of hikes
The Federal Reserve increased its policy rate by 75 basis points on Wednesday to a range between 3.75% and 4% as it hinted at slowing the pace of its hikes. … READ MORE >
As insurtech investment dips, companies get boost by teaming with traditional insurers
As initial growth expectations come under pressure, insurtechs are partnering with traditional insurers and shifting their focus from disruption to process improvement instead. … READ MORE >
Job openings and manufacturing production grow more than expected
Job openings came in hotter than expected in September, suggesting that the imbalance in the labor market will take longer to resolve than originally anticipated. … READ MORE >