Initial claims for unemployment insurance fell to the lowest level since 1969 — but there are disturbing trends below the surface.
A lot of attention is paid to the headline unemployment rate. But the number of “underemployed” workers also offers clues about the health of the labor market.
A lot of crucial employment reports were expected to come out this week, but the partial shutdown has delayed that.
The government shutdown pushed the report’s release date back by more than six weeks.
We went looking for other labor market data to suss out how healthy the job market really is right now.
Private sector employment fell last month, but wage growth is still on the rise. The unemployment rate is fairly low by historical standards.
Next week's May jobs report is expected to show steady employment growth and continued low unemployment.