Jobs

Black unemployment rate declines in August, even as it rose across the board

The unemployment rate for Black workers slipped in August, bucking the broader trend of a higher overall jobless rate. The…

6 things to know about the job market right now: It’s ‘near-perfect,’ economist says

Both jobseekers and policymakers can take solace in the current state of the U.S. job market, according to labor economists.…

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…

Black unemployment rate ticks lower in July as jobs market remains tight

The unemployment rate for Black workers fell slightly in July as the broader labor market remains tight. Black workers’ jobless…

Here’s where the jobs are for July 2023 — in one chart

The labor market added a smaller-than-expected 187,000 jobs in July, but one sector delivered roughly half of that total. The…

A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact

The notion of technological advancement upending the job market isn’t a new phenomenon. Robots and automation, for example, have become…

CME Group CEO Terry Duffy: Manage your risk because everyone I’ve talked to got Fed ‘dead wrong’

It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…

Twitter laid off most of its workers in Africa last year. They say they’ve been ignored and left without severance

Former Twitter employees in Ghana, who were laid off in November, have been left without severance pay and have not…

Final offer: UK’s Sunak seeks to end strikes with new pay deals

British Prime Minister Rishi Sunak on Thursday sought to end months of crippling public sector strikes by offering teachers, doctors…