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unemployment

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U.S. consumers' inflation expectations unchanged in December, survey shows

U.S. consumers' inflation expectations unchanged in December, survey shows

Short-term inflation expectations held steady in December after several months of increases and consumers became more optimistic about their job prospects, according to a survey released by the New York Federal Reserve on Monday. The US consumer inflation expectations remained unchanged at an all-time high of 6% in Dec-21 for

U.S. employment growth misses expectations but unemployment falls to 3.9%

U.S. employment growth misses expectations but unemployment falls to 3.9%

U.S. employment increased less than expected in December amid worker shortages and job gains could remain moderate in the near term as spiraling COVID-19 infections disrupt economic activity, says Reuters.= The US economy added fewer jobs than expected for the second consecutive month as the nonfarm payrolls rose by