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Unemployment claims tick up from pandemic low

Jun 17, 2021
The number of people applying for unemployment benefits rose last week for the first time since April.
Rob Pinney/Getty Images

Why the Fed is taking longer than other central banks to ease COVID relief

Jun 16, 2021
The Fed has a dual mandate to control inflation as well as unemployment, unlike other central banks.
A view of the Federal Reserve building in Washington, D.C.
Karen Bleier/AFP/Getty Images

"The balance of power is shifting": Ritholtz on the future of work and wages

Jun 15, 2021
Investor and columnist Barry Ritholtz says workers are gaining leverage in relations with management, which could lift wages.
Investor and columnist Barry Ritholtz argues that the key to the so-called labor shortage is inadequate pay.
Anna Moneymaker/Getty Images

Will cutting federal unemployment benefits push job growth?

Jun 14, 2021
Four states have now shut off the extra $300 per week in federal unemployment benefits.
courtneyk via Getty Images

Unemployment claims fall for 6th straight week

Jun 10, 2021
Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday.
Justin Sullivan/Getty Images

Forced retirements will lead to prolonged inequality, report says

Jun 7, 2021
Black workers and those without college degrees were forced out of jobs at the highest rates during the pandemic.
Involuntary retirees face a higher risk of falling into long-term poverty, according to research from the Retirement Equity Lab at the New School.
FG Trade via Getty Images

There's a mismatch between jobs that are open and workers searching

Jun 4, 2021
Some unemployed workers may need new skills and training for jobs that are in high demand.
Sectors like manufacturing and logistics are booming, and employers say they desperately need new workers.
Alexander Koerner/Getty Images

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Hiring was solid in May, but again not as high as expected

Jun 4, 2021
The pace of hiring picked up in May, with U.S. employers adding 559,000 jobs, but it missed economists' forecasts.
Justin Sullivan/Getty Images

Unemployment claims drop for 5th week in a row

Jun 3, 2021
The Labor Department said Thursday that jobless claims dropped to 385,000, down 20,000 from the week before.
Jim Watson/AFP via Getty Images

Will drivers come back to Uber and Lyft?

Jun 1, 2021
Many ride-hailing drivers shifted to delivering food during the pandemic and aren't eager to return to transporting passengers.
Ride-hailing companies are offering new incentives to attract drivers.
LPETTET via Getty Images