Nearly one out of 10 people who had a job to go to before the pandemic don't have one now.
Today's jobs report breaks a more than 9-year streak of job gains.
Many companies are laying off workers. Weekly jobless claims will tell us how many people are now filing for state unemployment benefits.
The work we do and the way we’re paid is different.
On Friday, we’ll get the latest jobs figures for the month of September. Economists are expecting a strong report, with unemployment expected to drop a bit from an already low rate. We’re also getting awfully close to the holiday hiring season, and sales are expected to be pretty strong, too. But with the unemployment rate […]
New data from the Labor Department show 201,000 new jobs were created in August, which is about average, month-in, month-out, for the past year. The unemployment rate was unchanged, at 3.9 percent. We’ve been sitting in that low-unemployment ballpark since mid-spring. Average hourly earnings for private sector workers accelerated in August. They’re up 2.9 percent compared […]
The U.S. economy created 157,000 jobs in July. The unemployment rate dipped to 3.9 percent. The last time was saw unemployment that low? The year 2000. What does all of this mean for wages? And for businesses looking to hire more workers?
GDP growth for the latest quarter is expected to be robust, but that is due in part to some unique elements of the quarter.
But what about wages?