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Job hunting in China's slowing economy

Aug 15, 2022
The unemployment rate is high among young Chinese graduates. What does it take a get a job in such a tough economy?
A busy Shanghai job fair in 2018. Since then, unemployment among 16- to 24-year-olds has steadily climbed, reaching 19.9% last month.
Charles Zhang/Marketplace

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

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

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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

U.S. economy adds 49K jobs as unemployment falls to 6.3%

Feb 5, 2021
The tepid increase followed a decline of 227,000 jobs in December, the first loss since April.
A waitress takes customers' orders in the outdoor seating area of a restaurant on Jan. 28, 2021 in Los Angeles.
Valerie Macon/AFP via Getty Images