U.S. Bureau of Labor Statistics
The jobless rate will soar for months, as millions of workers in deeply wounded industries and in companies trying to preserve cash are pushed off the payroll.
5 days ago
The peak unemployment level of the Great Depression was nearly 25% in 1933. Such a jobless rate may be closer than people think.
6 days ago
The unemployment situation has gone from the best jobs market ever to an atrocious job market faster than any time in history.
7 days ago
24/7 Wall St. has looked at the preliminary expectations for this week's unemployment and payrolls data. Some of the data seem drastic, but some of the absolute percentages and drops are likely to...
10 days ago
It was no secret that the number of jobless claims was going to be bad as the COVID-19 delivered an instant recession to the global economy.
14 days ago
Last Updated: 14 days ago
Early indications are that the Bureau of Labor Statistics unemployment report could show 2 million jobs lost last month.
20 days ago
One thing that most of America has not come to grasp fully is that the jobs market in America is crumbling, as waves of layoffs have started.
21 days ago
Last Updated: 21 days ago
The government will have to forget about interest rates and bond buying for a moment. The proverbial helicopter money drop is going to have to come into play.
24 days ago
Why is a solid jobs report was being ignored early on Friday? Is the assumption that things are going to be much worse in a week, a month and maybe for much longer?
1 month ago
The global growth story has weakened in 2020. The good news, at least so far, is that the U.S. job market largely has been unaffected.
1 month ago
ADP reported a surprising number of private sector payrolls added in January. See how that will affect expectations for Friday's employment report from the Labor Department.
2 months ago
Last Updated: 2 months ago
Some economists have been pointing to cracks in the overall forecast for the jobs market in 2020. One factor that will support at least some of the concerns is the Labor Department's Job Openings and...
2 months ago
The United States has now gone 10 straight years with consistent and consecutive jobs growth, after an in-line jobs report on Friday.
2 months ago
Last Updated: 2 months ago
While the initial Employment Situation report for December from the Bureau of labor Statistics has still not been released, it may not much matter in the job market whether the year-end unemployment...
3 months ago
Last Updated: 3 months ago
America has enjoyed its lowest unemployment in five decades as the national figure has fallen to 3.3% in recent months. According to new data from the Bureau of Labor Statistics, in one city, it was...
3 months ago