The Petersburg Post

Thursday, Nov 20th, 2025 - The headcount reduction by the federal government reached 97,000 since January, including a further reduction of 3,000 civilian employees in September, according to the nonfarm payroll report for September, released today by the Bureau of Labor Statistics. But this does not yet include the roughly 100,000 civilian employees of the federal government that took the voluntary "deferred resignation" deal in ...

Thursday, Nov 20th, 2025 - Total nonfarm payroll employment increased (+119,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS) reported today. The unemployment rate, at 4.4%, edged up from August's rate of 4.3%. Employment continued to trend up in health care and in social assistance. Federal government continued to lose jobs. In September, health care added 43,000 jobs, about the same as the average ...

Thursday, Nov 20th, 2025 - Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025. Odds of a December rate cut remained low following the release of delayed jobs data . Markets were last pricing about a 35% chance of a quarter-point cut from the Federal Reserve next month, according to the CME FedWatch Tool. That ...

Thursday, Nov 20th, 2025 - By Good news for Walmart might be bad news for the U.S. economy. The nation's largest retailer said Thursday that its profit rose 34%, to $6.1 billion, in its most recent quarter as consumers looked for affordable prices amid rising costs and continued economic uncertainty. Walmart reported a 4.5% increase in sales at stores open for a year or more, a slowdown from the same quarter a year ago. Shoppers also took ...