On Tuesday, Mayor Eric Adams proposed hiring illegal immigrants to make up for the city’s lack of lifeguards, citing their “excellent” swimming abilities.
Read More Eric Adams Says Illegal Migrants Could Help NYC Lifeguard Shortage: ‘They’re Excellent Swimmers’
The number of Americans filing new claims for unemployment benefits held steady at a low level last week.
Read More US labor market still tight; productivity falters in first quarter
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
Read More Fed to hold rates steady as inflation dims hopes for policy easing
U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
Read More US job growth blows past expectations; unemployment rate falls to 3.8%
U.S. private payrolls increased more than expected in March, pointing to continued labor market strength.
Read More US private payrolls post largest gain in eight months in March
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling