In the minutes of their mid-December meeting released Wednesday, the officials also underscored that a slowdown in their rate hikes — from four three-quarter point hikes in a row to a half-point increase — "was not an indication of any weakening" in their resolve to bring inflation back down to their 2% target. read more >
The rise in gross domestic product — the economy's output in goods and services — marked a return to growth after consecutive drops in the January-March and April-June periods. read more >
The number of job openings per unemployed worker fell below 2.0 for the first time this year. read more >
Seasonal losses in government educational services more than offset gains in other sectors. read more >
The U.S. jobless rate also didn’t change from May to June, remaining at 3.6%. read more >
The the leisure and hospitality industry posted the largest job gains. read more >
