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The 4.1% unemployment rate is already above the central bank's consensus projection for the end of the year, meaning that the job market is deteriorating at an even faster pace than it anticipated.
Unemployment is at a 50-year low. The low rate is not from an unusually high job-finding rate out of unemployment but, rather, an unusually low rate at which people enter unemployment. The low entry ...
We propose that the natural rate of unemployment may have an active role in the business cycle, in contrast to a widespread view that the rate is fairly smooth and at most only weakly cyclical. We ...
A t first glance, the U.S. labor market appears healthy. In April, the official unemployment rate hovered around 4.2%, typically seen as a sign of a strong economy. But the Ludwig Institute for ...
The low unemployment rate, which stood at 4.2% in April, has signaled to economists and investors alike that the U.S. economy remains relatively healthy.
The unemployment rate can’t tell us everything happening in the job market. But the Labor Department is robust and transparent in its calculations.
The central bank slashed the rate by a percentage point late last year as its preferred inflation measure slowed from 5.6% in 2022 to 2.8%, moderately above its 2% goal.
The first jobs report of President Donald Trump's second term Friday showed a troubling rise in the unemployment rate for all veterans from 2.8% in December to 4.2% in January.
Maryland’s job market has reached a historic milestone. The mid-Atlantic state registered a record unemployment rate of 1.6% in September — less than half the national unemployment rate of 3.8 ...