Economy

All Economy Articles

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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…

Douglas A. McIntyre · 6 years ago

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…

Jon C. Ogg · 6 years ago

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.

Paul Ausick · 6 years ago

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.

Douglas A. McIntyre · 6 years ago