US economy added 223,000 jobs in December, lowest monthly increase in two years
The Labor Department said Friday the U.S. economy added 223,000 jobs in December – the lowest monthly increase in two years.
Pastors Reveal Troubled US Economy Is Having Negative Impact on Churches
While some churches across the country are shaking off the financial effects of the COVID-19 pandemic, a new survey of pastors reveals the troubled economy is now having an adverse financial effect on their churches as well.
Final GDP reading shows US economy shrank 0.6% in the spring, cementing start of recession
The U.S. economy shrank for the second consecutive quarter in the three months ended June, according to the final estimate from the Bureau of Economic Analysis, meeting the criteria for a so-called technical recession as raging inflation and higher int…
Inflation so high, millions of Americans struggle to pay for food
A new government report showed millions of Americans are struggling to pay for food, fuel, and rent as US inflation in August remained at 40-year highs, USA Today reports.
US Economy Abruptly Slowing Adding Only 235,000 Jobs
U.S. President Joe Biden suffered another setback Friday as latest data showed the economy slowing abruptly last month, adding only 235,000 jobs.
Key inflation indicator jumps 3.6 percent, fastest rise in 30 years
A key inflation indicator rose 3.6 percent in July from last year — its biggest year-over-year jump in 30 years — as costs continued to build in the US economy, the feds said Friday.