Each week following the unemployment report, the U.S. Department of Labor releases its monthly Job Openings and Labor Turnover Summary.
The release of jobs data for August from the U.S. Bureau of Labor Statistics showed unemployment was 8.4% nationwide, another in a line of monthly improvements. The number of people out of work...
Economists have traditionally used three letters to describe an economic recovery. A “V-shaped” one is a sharp decline in gross domestic product followed by a rapid recovery. The process...
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...
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....
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.
Unemployment nationwide remains higher than any month during the Great Recession. Four cities have rates of more than twice the national average.
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.
The Bureau of Labor Statistics reported that initial jobless claims for the week of August 8 fell to less than a million.
The U.S. Bureau of Labor Statistics showed that the number of job openings was little changed in June. Some fear that this may have been the last boost from economic stimulus.
In July, most segments of the population posted an improvement in employment. The rate among Black Americans did not improve much.
The financial markets and Main Street agree that each release of the U.S. Department of Labor's Employment Situation report is one of the most important as a fair measure of the economy.
The U.S. Department of Labor has released its jobless claims report for the week ending August 1. Initial jobless claims fell to less than 1.2 million last week.
The ADP National Employment Report was a serious miss as private sector employment increased much less than expected.
Economists look closely ahead of each monthly unemployment and payrolls report at hiring trends in the private sector and in small businesses.