Unemployment

One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs

The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current…

Here’s what to watch in Friday’s big October jobs report

Apologies if you’ve heard this one before, but the jobs market is slowing down. No, really. Aside from the long-standing…

Private sector payrolls rose 113,000 in October, less than expected, ADP says

Private sector payroll growth increased modestly in October but missed expectations, in a potential sign that the employment picture could…

Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown

Job growth was stronger than expected in September, a sign that the U.S. economy is hanging tough despite higher interest…

JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning

JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…

Here’s what you need to know about the big jobs report Friday

A strong jobs market could equal a weak stock market if current trends hold up. Friday’s nonfarm payrolls report will…

Unemployment rate unexpectedly rose to 3.8% in August as payrolls increased by 187,000

The unemployment rate rose sharply in August, as the summer of 2023 neared a close with a job market in…

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…

July jobs report: U.S. payroll growth totaled 187,000, lower than expected

Job growth in July was less than expected, pointing to a slower pace in the U.S. economy though perhaps not…