US hiring slowed in December as job losses hit key sectors such as construction, retail and manufacturing, but steady wage growth and a lower unemployment rate pointed to a labour market that remains resilient,

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The number of Americans filing new applications for unemployment benefits increased moderately last week amid relatively low layoffs, though demand for labor remained sluggish, with businesses squeezing more output from their existing workforce.

Fewer Americans sought unemployment benefits last week as employers appear to be holding onto their workers even as the economy has slowed. Applications for unemployment benefits for the week ending Aug. 23 dropped 5,000 to 229,000, the Labor Department ...

The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and Pierfrancesco Mei, who tackled the phenomenon of “jobless growth” in an Oct. 13 note. It resonates with what Federal Reserve Chair ...

Midland recorded the second-lowest unemployment rate in Texas and continued to see growth in its civilian labor force in November, according to the latest report from the Texas Workforce Commission. Midland’s unemployment rate stood at 3.

In all, the economy added an average of 49,000 jobs each month in 2025, registering a significant slowdown from 168,000 jobs added per month in 2024, the BLS said. The fresh data comes two weeks after a blockbuster report on economic growth appeared to rebuke worries about the wider economy prompted by the hiring cooldown.

AI is fueling growth but eroding jobs, pointing to an era of "jobless growth" in the US, Goldman Sachs wrote. Soaring productivity may squeeze workers as companies cut costs to stay efficient. There's at least one benefit to productivity gains: keeping a ...