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Why Today's Optimistic Unemployment Report Is Still Not Great News
In contrast to the gloom that has hovered over the economy since the coronavirus pandemic began, the nation’s employment status actually improved in May, according to the jobs report released today. The unemployment rate dropped to 13.3%, and 2.5 million jobs were added to payrolls. That means April’s unemployment…Read more...
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January 2021 Jobs Report: Outlook for Economic Recovery Dims
With a gain of 49,000 jobs in January, and with few of those in the private...
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Workers Face Permanent Job Losses as the Virus Persists
Soon, a wave of people will have been out of work for more than six months,...
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U.S. job growth slows further in August. What will hiring look like in fall?
Employers add fewer jobs, and unemployment falls to 8.4% from 10.2% — more signs of a...
