America’s employers added a sizzling 517,000 jobs in January, a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.
The Capital Region in the fourth quarter of last year continued to lead the nation’s large metro areas in the proportion of mortgages that were seriously underwater, new data shows.
Managers and executives are starting to feel like they have more authority as the pendulum of who has more leverage swings back toward employers, despite a still-tight labor market, The Wall Street Journal reports.