Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long-run natural rate. Even so, unemployment has held steady, which raises ...

The economy contracted by 0.3% in the first quarter, according to the official report on GDP. Widespread worry about consumers and businesses postponing purchases and hiring decisions has led ...

The short run in economics refers to a period when at least one factor of production remains fixed, limiting a business’s ...