These "discouraged" workers are left out of the unemployment rate

Oct 14, 2024
Some unemployed Americans who want to work are discouraged by the job market, so much so that they've paused looking.
About 445,000 Americans fit the federal definition of discouraged worker last month. But many more out-of-work people still feel discouraged.
Scott Olson/Getty Images

As the labor market cools, keep an eye on this number in the jobs report

Oct 3, 2024
It looks at the concentration of job growth. When it's above 50, more industries added jobs than shed them that month.
The monthly jobs report includes an analysis of which sectors added and lost jobs. The Federal Reserve is likely keeping an eye on it.
Joe Raedle/Getty Images

What the Beveridge curve tells us about the Fed's path to a “soft landing”

Jun 14, 2022
If you want to understand the challenge of slowing inflation without damaging the labor market, picture a skateboard ramp.
The Beveridge curve appears when you plot the relationship between unfilled jobs and unemployment — it shows how those two variables move together.
Photo by Mario Tama/Getty Images

Is it possible for unemployment numbers to be too low?

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

Without teen workers, "we'd have to close our doors"

Nov 9, 2021
A hot job market continues to seek out teenagers. But will that hurt their academics and long-term job prospects?
Amid a labor shortage, the teenage employment rates remain high.
Fly View Productions via Getty Images

Why are unemployment rates higher for Black and Hispanic workers?

Jun 22, 2021
Economists point to structural racism and a lack of access to training and transportation among the factors.
Joe Raedle/Getty Images

Real-time proof the job market is recovering

Apr 30, 2021
But it could take more than a year to get back to pre-pandemic levels.
Job postings are strongest in sectors like driving, construction and warehousing.
Johannes Eisele/AFP via Getty Images

For public good, not for profit.

Job creation soars in March

Apr 2, 2021
Employers added 916,000 jobs in March and the unemployment rate fell to 6% as vaccination spreads and the economy reopens.
Jobs at restaurants, hotels and bars are among the more than 900,000 added across many industries.
Jeenah Moon/Getty Images

A year of pandemic unemployment, by the numbers

Mar 11, 2021
Three economists share statistics that depict the depth and length of the COVID-19 recession.
For the past 51 weeks, first-time claims have been higher than at any time during the Great Recession.
Joe Raedle/Getty Images

Fed and Treasury chart path back to "full employment"

Feb 24, 2021
Fed Chair Jerome Powell and Treasury Secretary Janet Yellen peg the actual unemployment rate at around 10%, higher than the official 6.3%.
Federal Reserve Chair Powell testified on Capitol Hill about the U.S. labor market.
Mark Wilson/Getty Images