Economy

Unemployment Claims Hit Highest Level Since October 2021
Economy
Unemployment Claims Hit Highest Level Since October 2021
June 08, 2023

U.S. unemployment claims reached an almost two-year high last week amid ongoing layoffs. 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 Today....

Advertised Wage Growth Slowed in May, Especially in Software Development
Economy
Advertised Wage Growth Slowed in May, Especially in Software Development
June 07, 2023

Advertised wage growth is slowing in most job categories, with software development being especially weak. 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,...

IMF Director Says Fed ‘Will Have to Stay the Course’
Economy
IMF Director Says Fed ‘Will Have to Stay the Course’
June 05, 2023

An International Monetary Fund (IMF) director said the Federal Reserve may need to do more to slow lending. 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...

Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
Economy
Jobs Data Signal Main Street Small Businesses Foresee Resilient Consumer Demand
June 02, 2023

Uncertainty reigns, but if the spate of jobs reports that marked a busy week of economic data show a trend, it’s that Main Street small businesses are banking on a resilient consumer. Get the Full Story Complete the form to unlock this article and enjoy...

Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
Economy
Macy’s and Dollar General Results Show Inflation’s Bite Is Far-Reaching
June 01, 2023

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Layoffs Rise 20% in May Led by Technology and Retail
Economy
Layoffs Rise 20% in May Led by Technology and Retail
June 01, 2023

There were 80,089 job cuts announced by United States-based employers in May, with the technology sector being hardest hit. 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...

Recovery of Consumer Spending in China Slowed by New Regulations
Economy
Recovery of Consumer Spending in China Slowed by New Regulations
May 29, 2023

Consumer spending in China may be slow to climb back to where it was before COVID. 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...

UK Seeks Cap on Food Prices as Consumers Struggle
Economy
UK Seeks Cap on Food Prices as Consumers Struggle
May 28, 2023

The British government wants supermarkets to cap food prices amid rampant inflation. 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 Today. By...

Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
Economy
Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
May 26, 2023

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