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Social security and SNAP benefits are adjusted every year for inflation. While that tends to be enough in normal years, it’s not enough right now.
Which sectors are the most eager for workers? And are workers ready to commit?
More than 4 million Americans have been unemployed for more than six months. Previous recessions have redefined long-term unemployment.
More Americans are returning to the labor market. But more are also joing the ranks of the long-term unemployed.
The Bureau of Labor Statistics said it might have been undercounting the number of workers classified as “unemployed on temporary layoff.”
The government’s benchmark revisions showed 500,000 fewer jobs were created in 2018 and early 2019 than initially thought.
The report tracks how many jobs are created and what the unemployment rate is, among other things.
What are we talking about when we talk about inflation?
Labor Department data shows average monthly job creation has slowed significantly since 2018.
The report, while an improvement on February, is no cause for elation.