When such rigidities in the labor market lead to a shortage of jobs, it is called structural unemployment and those who are structurally unemployed tend to have longer spells of joblessness, on ...
Instead, the most recent labor data shows unemployment low and steady, clocking in at 4%. Plus, job growth is still ...
US non-farm payrolls in January posted softer-than-expected growth, but the broader profile of the labor market suggests a ...
The January jobs report released on Friday showed continued signs of resilience in the labor market as the unemployment rate unexpectedly fell, wages grew more than expected, and December's ...
Because unemployment follows growth with a delay, it is considered a lagging indicator of economic activity. How sensitive is the unemployment rate to economic growth? That depends on several factors, ...
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