The decline in the participation rate is almost entirely due to structural factors and there is little prospect of a rebound in the next few years. The downward trend in the participation rate...

The likelihood of the Fed hiking interest rates before the end of this year tumbled again last week, as the incoming data triggered some sizeable downgrades to estimates of third-quarter GDP growth...

The big news last week was the announcement of the Trans Pacific Partnership (TPP) trade agreement between the US and 11 other countries, which aims to lower trade barriers and set common commercial...

The slowdown in employment growth in August and September will probably delay the first interest rate hike until early 2016, but it doesn’t appear to be the start of a sustained deterioration in...