What’s new in the economy this week
The economy is doing well, with employers adding jobs at a rate higher than usual.
And the economy is adding to its strong fundamentals, with wage growth picking up from a 0.4% decline in the second quarter, according to the Labor Department.
Economists had expected wage growth to slow in the quarter, but the second-quarter figures were revised upward.
The unemployment rate is at a 14-year low of 3.4%.
Jobless claims are at their lowest level since the Great Depression.
But some workers may still be jobless, and the labor force participation rate is still far below its peak of almost 65% in the late 1980s.
But that’s not the only good news for employers this week.
The Fed raised interest rates for the first time in six months, signaling a possible return to a sustained rise in the U.S. economy.
That move comes as markets are still on edge after the Federal Reserve lifted its key interest rate two weeks ago to 0.25%.
And with the economy still struggling to recover from the global financial crisis, the Fed has raised the Fed’s key rate two more times this year.
The economy is growing faster than previously expected, with the Labor Census showing a 4.3% increase in gross domestic product in the first quarter, which accounts for more than a third of the total economic output.
The number of U.K. jobs added last quarter was the highest since March 2011, according the Office for National Statistics, and that was the first increase in three years.
The U.C.I.O. forecast a 4% increase, while the International Monetary Fund forecast a 1.8% increase.
And the unemployment rate was at its lowest level for three years, at 4.6%.
But despite the gains, there are still more than 2 million Americans who are out of work, according.
“The jobs report is a positive sign, but still too little information is available on the impact of the recent changes in policy, and there is still some uncertainty about how well the economy will recover,” said Steve Burtless, chief economist at RBC Capital Markets.
Even so, some economists believe that the Fed will soon raise its benchmark rate to an even higher level.
It will be the second time since October that the central bank has raised its benchmark interest rate.
In October, the central bankers said that the U-turn on interest rates was necessary to help support the recovery.
Fed chair Janet Yellen reiterated her view that the rate should stay low, but said in a speech that “the Fed would likely need to raise rates further.”
The Fed is also watching the global economy closely.
At the beginning of the year, many economists said that if the global economic outlook improves, it would be good for the U, as it could lift exports and the dollar, and help to offset the fallout from the Chinese economy slowing.
However, the Chinese market is showing signs of slowing.
Chinese exports are up only about 3% in July, and consumer confidence has declined for the fifth consecutive month.
China has also been dealing with the fallout of the massive trade war between the U., Japan and South Korea.
Since the end of the first round of the war in September, Chinese exports to the U have fallen nearly 4%.
There are also worries that China may not be able to keep up with demand for steel, automobiles and other high-tech goods in the years ahead.
Economists have been concerned about the trade war, and even though the U and other Asian countries were able to agree on a deal that allows exports to resume, it could take years for that to happen.
Also, the trade talks have dragged on because the U has been holding back its trade surplus to avoid having to pay back billions of dollars in tariffs.
This could lead to the possibility that U.N. sanctions could be imposed on Chinese goods and the U could have to cut its exports to countries like India, Pakistan, Indonesia and others that have high tariffs.