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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 ...
Take a Look at Trump’s Actual Tariff Math, and You’ll See How Bad It Really Is What the tariff rates Trump rolled out yesterday made clear is that his goal isn’t, ultimately, to bring down ...
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 actual hiring rate — new hires as a percentage of all jobs — has fallen to 2014 levels, when the unemployment rate was much higher, at 6.2%. Economists call it a no-hire, no-fire economy.
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.
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.
WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment ...
That's according to a new report from Oxford Economics which shows that unemployed recent college grads account for 12% of an 85% rise in the national unemployment rate since mid-2023.
Hiring fell slightly from a revised 185,000 in March, above economists' projections of 135,000 jobs. The unemployment rate remained at a low 4.2%, the Labor Department reported Friday.
The number of Americans filing for unemployment benefits last week reached the highest level in a year. On Thursday, the Associated Press (AP) reported that data from the U.S. Bureau of Labor ...
While the unemployment rate remains near a 50-year low, another measure of worker well-being indicates there may be bigger cracks in the labor market. The low unemployment rate, which stood at 4.2 ...