U.S. labor market in 2024: Gradual cooling, conditions now looser than pre-COVID
Take a look at the labor market story in 2024 through Seeking Alpha charts. The labor market showed cooling. Read more here.
Fed Officials See Unemployment Ticking Up in 2025, but at a Slower Pace
The median unemployment rate will rise to 4.3% in 2025, according to new estimates from the Federal Reserve’s latest Summary ...
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears ...
Afro20d
November unemployment rises for African Americans, exceeding all employment groups
The November 2024 jobs report gave President Joe Biden an opportunity to take a victory lap. However, the win was short-lived as the unemployment rate for Black Americans spiked sharply ...
International Monetary Fund14d
Unemployment: The Curse of Joblessness
For example, the relatively high rate of unemployment in Europe compared with the United States is in part attributed to Europe’s stronger unions and stricter labor regulations (see Chart 2). These ...
Forbes22d
November Jobs Report Shows Payrolls Rebound And Unemployment Rate Rise
Despite improving payrolls, a modest rise in the unemployment rate and other data in the employment situation report support the chances of an interest rate cut by the Federal Reserve on December 18.