Economy

Economy
When Did the Job Market Get So Weird?
January 07, 2023

Depending on who you ask, the latest jobs report was either good, bad, historic, disastrous or something in between. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Economy
Grocery Remains Resilient as Consumers Cut Spending
January 06, 2023

As consumers cut spending amid economic challenges, grocers benefit from the necessity of their products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
US Job Gains Slow to 223K in December Hitting 2-Year Low
January 06, 2023

The U.S. economy added 223,000 non-farm jobs in December. This was ahead of consensus estimates but lower than the average monthly gain of 375,000 recorded for all of 2022, and also marked the fourth consecutive month of declines and the lowest month tally in job...

Economy
US Car Sales Hit Lowest Level in 10+ Years
January 04, 2023

When carmakers release their 2022 sales figures this week, they’re unlikely to bring good news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Report: 2022 Tech Layoffs Exceed Pandemic Job Cuts
January 03, 2023

Tech layoffs in 2022 were nearly double those seen in the sector during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Stressed Consumers Scaling Back Retirement Planning and Funding
January 03, 2023

People living paycheck-to-paycheck are having a hard time setting financial goals, much less achieving them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Will Consumer Confidence Drive Higher Spending at Main Street SMBs?
December 30, 2022

Consumer confidence is improving, but how quickly that translates into stronger spending remains unclear. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Economy
Labor Shortage Being Driven by Higher-Than-Expected Retirement Rate
December 27, 2022

The labor shortage may continue, as many who dropped out of the workforce have retired. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Economy
Semiconductor Companies Cut Jobs as Consumer Demand Weakens
December 27, 2022

Weakening consumer demand for electronics has left semiconductor firms with an oversupply of chips. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...