unemployment - Page 2

Initial claims climbed by 5,000 to a seasonally adjusted 245,000, the Labor Department said.

On Friday’s broadcast of CNN International’s “Quest Means Business,” Professor of the Practice of Economic Policy at Harvard University and the Harvard Kennedy School Jason Furman, who served as Chairman of the Council of Economic Advisers under President Barack Obama

Economists had expected the economy to add 230,000 jobs and the unemployment rate to hold steady at the 3.6 percent reported last month.

The March jobs numbers that will be reported out of the Department of Labor on Friday may be some of the most consequential of the post-pandemic era.

The Federal Reserve appears to expect economic growth to come crashing to an abrupt halt later this year.

Economists had forecast a rise in claims to 197,000.

Demand for workers in the U.S. remains red hot.

Consumers are likely to “exercise greater caution” with their spending in the months ahead thanks to high prices and worries that unemployment is poised to rise.

The latest low unemployment numbers and lagging wage gains all point to “more inflation in the pipeline” when workers pinched by high prices demand higher wages and those wages create even more inflationary pressure, explained Breitbart Economics Editor John Carney.

A huge surge in hiring in January defied expectations for the labor market to cool off a bit in the new year.

The layoffs in tech announced over the past month or so have many asking if this is a bellwether for the broader labor market.

Claims for unemployment benefits fall to a four-month low.

A softer labor market will weigh on black and Hispanic employment, Fed officials acknowledged at their December meeting.

The number of people seeking unemployment benefits rose only slightly last week, with the labor market remaining strong despite the Federal Reserve’s efforts to cool the economy and hiring.

Florida’s unemployment rate dropped in November and continues to remain lower than the nation’s, Gov. Ron DeSantis (R) announced Friday.

Lots of headlines about layoffs but no sign of significantly increased job loss in the claims data.

Economists had expected the economy to add 200,000 jobs and the unemployment rate to remain unchanged at 3.7 percent.

On Thursday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Bruce Westerman (R-AR) reacted to jobless claims data showing that continuing unemployment claims hit their highest point since February by stating that this is a worrisome trend in the

A setback for the Fed or a foreshadowing of a soft-landing?

On Wednesday’s broadcast of Bloomberg TV’s “Balance of Power,” Moody’s Analytics Chief Economist Mark Zandi predicted that 2023 “is going to be a pretty tough year” because we won’t “see the full effects of what the Fed’s done for well into”

Florida has experienced 30 consecutive months of job growth, Gov. Ron DeSantis (R) announced on Friday.

On Friday’s broadcast of CNBC’s “Squawk Box,” New Jersey Gov. Phil Murphy (D) stated that he is concerned about the prospects for employment because there are no historical examples “where the Fed has been this aggressive and the economy didn’t

The labor market is still tight enough to support high inflation.

President Joe Biden is set to import nearly 65,000 foreign H-2B visa workers to take blue-collar American jobs as roughly 11.6 million Americans remain jobless.

Jobless claims fall below 200,000 despite the Fed’s efforts to tighten financial conditions.

A rapid rise in unemployment expected next year as the Fed raises rates to fight inflation.

Fed officials now see a much higher unemployment rate and much lower path for GDP growth.

During an interview aired on Thursday’s edition of Comedy Central’s “Daily Show,” Labor Secretary Marty Walsh stated that while “the Fed has said, at some point, having a little bit of unemployment might be good,” he wants “to do everything

During a portion of an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said he believes

The Democratic Party’s pick for Secretary of Labor says CEOs are being victimized by a shortage of immigrant workers.

Economists had expected the economy to add 298,000 jobs and the unemployment rate to hold steady at 3.5 percent.

The Chinese Communist government slapped its bureaucratic panic buttons on Monday, announcing various “task forces” to deal with a crumbling national economy, particularly the record-high 19.9% youth unemployment rate recorded in July.

During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers reacted to recent minutes from the

Unemployment in the Sunshine State has dropped to a historic low as job creation soars.

Early vote tallies in Kenya on Wednesday appeared to show a small lead for current Deputy President William Ruto, an outspoken critic of China’s growing influence in the country.

The American public appears to be underestimating how big of a toll on employment the war on inflation is going to take.