Economists warn that cracks have started to emerge in the U.S. labor market – including among the country's Black workforce. The unemployment rate for Black Americans hit 7.5% in July, up from 6.1% a ...
Recent college graduates are aggressively hunting for their first job, but they are facing one significant problem: the labor market is deteriorating. Economic research from the Federal Reserve Bank ...
The recent spike in unemployment claims has caught many by surprise, marking a significant deviation from economic forecasts. The increase of 27,000 claims in just one week, as reported by the ...
Unemployment among Black Americans last month reached its highest level in more than three years, in stark contrast to the broader labor market’s resilience. The jobless rate for Black Americans ...
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later. By Ben Casselman As job growth has slowed and unemployment has crept up, ...
The unemployment rate for recent college graduates has jumped as companies try to replace entry-level workers with artificial intelligence. Credit...Lorenzo Matteucci Supported by By Kevin Roose ...
The numbers: Initial jobless claims rose by 27,000 to 263,000 in the week that ended Sept. 6, the Labor Department said Thursday. That’s the highest level since October 2021. Economists polled by the ...
Don’t blame a job market slowdown that many economists say will start to become evident in the June 6 employment report for May solely on uncertainty surrounding President Donald Trump’s tariffs. You ...
Recent college graduates are aggressively hunting for their first job, but they are facing one significant problem: the labor market is deteriorating. Economic research from the Federal Reserve Bank ...