unemployment

Does a Massive Drop in Job Openings Warn That Solid Employment Has Already Peaked?

Posted: January 17, 2020 at 12:10 pm

Each monthly Employment Situation report from the U.S. Department of Labor shows a broad measure of the jobs market. With unemployment previously reported at a multi-decade low of 3.5%, the ...
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Black Unemployment Rates Nearly 70% Higher Than National Average

Posted: January 11, 2020 at 8:15 am

Job growth slowed in December. Total nonfarm payrolls rose by 145,000 for the final month of 2019. The national unemployment rate was 3.5% once again, among the lowest levels in ...
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Super-Low Unemployment Comes With Some Unintended Consequences

Posted: January 10, 2020 at 10:20 am

There is one serious feat, considering that the recession is now a decade in the past. According to the U.S. Department of Labor, the United States has now gone 10 ...
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The Number One Jobs Issue in 2020: No Qualified Job Applicants to Be Found

Posted: January 9, 2020 at 2:22 pm
Last updated: January 10, 2020 6:00 am

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 ...
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Jobless Rate In This City Tops 20%

Posted: January 5, 2020 at 7:03 am

The Bureau of Labor Statistics just released its unemployment numbers for America’s 389 metro areas for the month of November. The trend was generally positive. Unemployment for the month was ...
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2019 Job Losses Soar at Automakers, Manufacturers, Tech Firms 

Posted: January 2, 2020 at 8:01 am

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for December. A total of 32,843 planned U.S. job cuts were announced in the month, a ...
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Unemployment in This State Is 75% Above National Average

Posted: December 22, 2019 at 8:24 am
Last updated: December 23, 2019 6:35 am

The jobless rate in America has dropped to a five-decade low of 3.5%. In some states, that figure is well below 3%. A notable exception to the trend is Alaska, ...
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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
Last updated: January 6, 2020 12:51 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
Last updated: January 6, 2020 1:04 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
Last updated: January 6, 2020 1:27 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
Last updated: January 6, 2020 1:31 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
Last updated: January 6, 2020 1:32 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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