unemployment

Black Unemployment Over 50% Above National Average

Posted: December 8, 2019 at 6:14 am

The newly released Employment Situation for November, from the Bureau of Labor Statistics, shows that the economy added 266,000 jobs last month and that the unemployment rate dropped to 3.5%, ...
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November Payrolls Surge Much More Than Expected

Posted: December 6, 2019 at 10:00 am

This week's weak payrolls report from ADP had the market bracing for low payrolls numbers on Friday after signaling contraction in manufacturing, commodity producers and retailers. ADP's Mark Zandi even ...
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2019 Job Losses at 4-Year High as Tech, Mining Fire More Workers 

Posted: December 5, 2019 at 11:09 am

The outplacement firm Challenger, Gray & Christmas on Thursday released its job-cuts report for November, showing that a total of 44,569 planned U.S. job cuts were announced in the month. ...
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Unemployment In This American City Is Above 20%

Posted: November 30, 2019 at 8:29 am

The Bureau of Labor Statistics just released its unemployment numbers for America's 389 metro areas for the month of October. The trend was generally positive. Unemployment for the month was ...
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This State’s Unemployment Rate Is 70% Higher Than America’s

Posted: November 20, 2019 at 6:50 am

Once a month, the Bureau of Labor Statistics issues the unemployment rate by state. The jobless figures for many are much different from the national average, which was 3.6% in ...
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Private Sector Job Openings Keep Declining From the 2018 Peak

Posted: November 5, 2019 at 11:45 am

Each month, unemployment and payrolls data from the Bureau of Labor Statistics (BLS) Employment Situation report is followed up by the Job Openings and Labor Turnover Summary. This so-called JOLTS ...
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Black Unemployment Rate 50% Above National Average in October

Posted: November 2, 2019 at 7:51 am

Most experts believe that the October jobs report from the U.S. Bureau of Labor Statistics showed some pressure on the economy due to trade wars, particularly with China. It was ...
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Labor Department Delivers a Goldilocks Unemployment and Payrolls Report for October

Posted: November 1, 2019 at 10:30 am

The Federal Reserve did deliver on its expected quarter-point interest rate cut this week. That was a day ahead of a better than expected gross domestic product report for the ...
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2019 Job Losses at 4-Year High as Tech, Retail Chop More Workers 

Posted: October 31, 2019 at 8:29 am

Outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for October, showing that a total of 50,275 planned U.S. job cuts were announced in the month, ...
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Job Openings and Quits Show Signs of Less Robust Job Market

Posted: October 9, 2019 at 10:50 am

The media reports that recession risks are rising every day. If a recession is going to arrive, it's going to take a major blow to the consumer — and the ...
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Slow Payrolls Gains Still Good Enough to Ease Many Recession Fears

Posted: October 4, 2019 at 9:15 am

After weaker manufacturing and non-manufacturing data inserted some caution in payroll growth this week, and considering a weaker than expected ADP private sector payrolls report, the expectations were low coming ...
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Job Losses in 2019 Highest in 4 Years as Manufacturing and Auto Industries Falter 

Posted: October 3, 2019 at 8:25 am

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for September, showing that a total of 41,557 planned U.S. job cuts were announced last month, ...
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ADP Payrolls Data Shows Some Caution in Jobs Market

Posted: October 2, 2019 at 10:00 am

After a weak ISM Manufacturing report on Tuesday, there had been some concerns that the job market might be taking a hit from the U.S./China trade war and slowing global ...
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Continuing Jobless Claims Remain Near 50-Year Low

Posted: September 26, 2019 at 10:15 am

New claims for unemployment benefits rose by 3,000 in the week ending September 21, according to the weekly report from the U.S. Department of Labor. The seasonally adjusted total rose ...
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How Record Unemployment Could Play Into a Huge Holiday Season

Posted: September 17, 2019 at 3:25 pm

The holiday season is just around the corner, and with that comes the busy period for retailers. An unemployment rate near record lows could prove to be a big catalyst ...
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