New York Fed’s Weekly Data Points to Slower Recovery
According to the New York Federal Reserve, weekly data suggests that the economic recovery already may be slowing.
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Teenage Unemployment Nearly Double National Average
The Bureau of Labor Statistics released its August jobs report for nonfarm payroll employment. The national figure dropped to 8.4%. The number of unemployed people dropped 2.8 million to 13.6 million. It was good…
Unemployment Is Rapidly Contracting, Yet Many Cracks Remain
Thursday’s sell-off in the stock market may have been profit taking in the market darlings after such massive runs, but there was already a growing fear that Friday’s unemployment report was going to be…
The Unemployment Rate In America’s 389 Cities Two Months Before The Election
The unemployment rate in July was 10.5%, an improvement from each of the two prior months. However, the figure is still above the worst single month of The Great Recession–October 2009. According to the…
What ‘Going to Work’ Will Mean in the Very Near Future
Some of the changes to Americans' work lives brought about by the COVID-19 pandemic have been popular. Others, not so much.
Employers Have Cut 1,963,458 Jobs Through August, Triple 2019 Annual Total
Announced job cuts for the first eight months of this year surpass 2019's 12-month total for last year. Roughly 1.1 million of the cuts are related to the COVID-19 pandemic.
These 7 Cities Had Unemployment Rates Under 5% Last Month
A handful of cities in Utah and Idaho have employment rates less than what is considered full employment.
These Are the States Where Clinton Won the Popular Vote in 2016
Though Donald Trump won the most electoral votes in 2016, Hillary Clinton won the popular vote nationwide by almost 3 million votes.
August Beige Book Details Slowing US Growth
The Fed's August Beige Book offers anecdotal reports indicating continued uncertainty about U.S. economic growth even while the economy shows progress.
Did ADP Just Accidentally Trash the Employment Recovery?
The financial markets just got a small glimpse of what to expect from Friday's key U.S. Department of Labor report on unemployment and payrolls.
Manufacturing Levels Continued to Improve in August
The economy may have fallen into an instant and deep recession in 2020, but economic activity is continuing to come back to life in a major way.
Why These Countries Will Not Have Clean Air Again
The air quality index has been so high for so long that in some nations, it is unlikely to get better. Rather, it almost certainly will worsen.
US Drivers Returning to the Road More Quickly in Red States
Since the COVID-19 pandemic hit the United States in March, miles traveled on U.S. roads and highways have fallen sharply. Driving has picked up more quickly in bed states than in blue ones.
The Layoff Economy Returns
Weekly jobless claims remain high, a sign the companies are cutting workers even as the headlines tout recovery. The layoff economy has returned with a vengeance.
August US Consumer Sentiment Adds 5th Month to String of Lows
The University of Michigan survey of consumer sentiment rose month over month in August but remains sharply lower than a year ago.