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Low unemployment

Is "good news" good news for the economy right now?

by Meghan McCarty Carino
Dec 14, 2023
When inflation was high, good news for workers could be bad news for prices. But it looks like the labor market is in better balance.
Strong labor market data — in other words, good news for workers — could keep the Federal Reserve's interest rate policy where it is, which would be good news for savers but bad news for borrowers.
Win McNamee/Getty Images
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Unemployment just hit an even lower low

by Meghan McCarty Carino
Oct 19, 2023
About 198,000 people filed new claims last week. The drop continues a downward trend, even in the face of higher interest rates.
"We are seeing some labor hoarding," companies hanging on to the workers they have, says Lydia Boussour, senior economist at EY-Parthenon.
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In Louisiana, Maryland and North Dakota, unemployment is at record lows

by Elizabeth Trovall
Sep 28, 2023
The U.S. job market as a whole continues to hum along.
An economist in North Dakota said many restaurants in Fargo stay closed on Sundays and Mondays due to inadequate staffing.
Frederic J. Brown/AFP via Getty Images
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Is it possible for unemployment numbers to be too low?

by Kristin Schwab
Apr 7, 2022
This week jobless claims were at their lowest since 1968. What's the economic downside of too few people looking for work?
The unemployment rate doesn't necessarily paint the whole jobs picture.
Stefani Reynolds/AFP via Getty Images
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