Unemployment

Unemployment dropped among Hispanic men and women in May but rose for Black workers

The U.S. unemployment rate rose in May, but declined for Hispanic workers, according to the latest nonfarm payrolls report. The…

Payrolls rose 339,000 in May, much better than expected in resilient labor market

The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds,…

Here’s what to watch out for in Friday’s jobs report for May

Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…

The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over

During the past year, the rate at which Americans quit their jobs has steadily declined from a record high back…

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

Unemployment rate sinks in April for Black and Hispanic workers, but holds steady for Asians

The unemployment rate slipped for Black and Hispanic workers in April, but remained stable for Asian American workers. The U.S.…

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday.…

3 indicators the job market is seeing what one economist calls an ‘unambiguous cooldown’

The job market is still hot but is clearly slowing from the scorching levels seen during much of the past…

Lawmakers led by Democrats urge the Fed to halt rate hikes ahead of Wednesday’s announcement

WASHINGTON — A group led by several prominent Democratic lawmakers is calling on the Federal Reserve to halt rate hikes…

Jobless claims edge up to 198,000, higher than expected

Initial filings for unemployment insurance ticked higher last week but remained generally low in a tight labor market. Jobless claims…