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An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US job growth blows past expectations; unemployment rate falls to 3.8%

U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.

A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US monthly inflation slows; consumer spending surges

U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.

Black Friday shoppers stand in line for a Lululemon store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US fourth-quarter growth revised higher; labor market still strong

The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly fall; labor market gradually cooling

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.