Economy

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Given how the labor market cooled over summer, is the labor market still on thin ice?

In September, 254,000 jobs were added to the US economy and the unemployment rate ticked down very slightly to 4.1%. It's unexpectedly strong, and relieving news for workers after a pretty lackluster summer. But, given how the labor market cooled over summer, is the labor market still on thin ice? And if there were to be a plummet in jobs, could anything be done to speed up the recovery?
- Darian Woods
Out today: The good news and bad news about inflation

Inflation cooled less than expected in September. Consumer prices were up 2.4% from 2024. The government announced that Social Security recipients will get a cost of living increase of 2.5% in 2025.
- Scott Horsley
How Austin, Texas, was about lower the cost of rent

Housing affordability and how best to spur new construction have become election issues. Austin, Texas, has seen a historic building boom that has lowered rents. Is it scalable to other cities?
- Audrey McGlinchy
Mortgage rates have dropped. Should you refinance your home?

Interested in seeing if you can save money on your mortgage? Here’s what to know about refinancing – and how to think about timing.
- Laurel Wamsley
Americans are using AI at fairly high rates. What does this mean for the economy?

A new study finds that Americans have adopted generative AI faster than personal computers and the internet. Does this mean we're about to see a long-awaited increase in productivity growth?
- Greg Rosalsky
How Hurricane Helene could slow down the U.S. economy

Hurricane Milton is headed to Florida's Gulf Coast, already battered by Hurricane Helene. Damage caused by these storms is expected to send ripple effects through the economy that will be felt in people's wallets.
Seattle's new waterfront park applauded by first visitors. But will it fulfill its economic potential?

The long-awaited Overlook Walk opened Friday, linking the Pike Place Market to Seattle's renovated waterfront. Over the weekend, thousands of visitors experienced it for the first time.
- Joshua McNichols
One possible housing crisis solution? A new kind of public housing for all income levels

Maryland's Montgomery County is building mixed-income apartments in which people who can afford to pay market rate allow other renters to pay less. Cities and states nationwide are taking up the idea.
- Jennifer Ludden
Strong September job report shows growing economy

Employers added 254,000 jobs in September and the unemployment rate dropped to 4.1%.
The U.S. saw stunningly strong growth in jobs last month. Here's what to know

U.S. employers added more than a quarter million jobs in September, while the unemployment rate fell to 4.1%. Here's what to know about the data.
- Scott Horsley

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