Nonfarm payroll growth revised down by 818,000, Labor Department says
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…
The unemployment insurance program is unprepared for a recession, experts say
Renewed fears of a U.S. recession have put a spotlight on unemployment. However, the system that workers rely on to…
Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.…
Jobless rates fall in July for Asian Americans, bucking the overall trend
The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday…
Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears…
Job seekers are sour on the cooling labor market
Workers are souring on the state of the job market. Job seeker confidence in Q2 2024 fell to its lowest…
Here’s why you may get a smaller pay raise next year
Many workers will see their annual raise shrink next year as the job market continues to cool from its torrid…
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
The unemployment rate for women in white, Black and Hispanic racial groups rose in June in line with the overall…
U.S. economy added 206,000 jobs in June, unemployment rate rises to 4.1%
The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department…
American households have seen their purchasing power increase
Americans have seen their buying power rise for a year amid falling inflation and a strong job market, which might…
