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News Articles: Unemployment

A "Help Wanted" sign is posted at a restaurant in Los Angeles on Feb. 2, 2023. U.S. employers added 311,000 jobs last month, a number that indicates the labor market remains fairly hot.

Tagged as: 

  • Economy

The job market slowed last month, but it's still too hot to ease inflation fears

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.

March 10, 2023
|
By:
  • Scott Horsley
Are we in a recession right now? Economists are divided.

Tagged as: 

  • Economy

Is the economy headed for recession or a soft landing?

Are we in a recession? It seems like a straightforward question, but the data tells conflicting stories.

February 17, 2023
|
By:
  • Stacey Vanek Smith
Emma Alexander was recently laid off from Goldman Sachs, along with over 3,000 other employees. Although the layoffs were unusually large this year, they are an ever-lurking prospect for people who work in finance.

Tagged as: 

  • Business

It's nothing personal: On Wall Street, layoffs are a way of life

Big companies such as Amazon and Google have recently announced layoffs. On Wall Street, getting cut is always acknowledged as an ever-lurking prospect — but it still stings when it happens.

February 05, 2023
|
By:
  • David Gura
A 'help wanted' sign is displayed in a window of a store in Manhattan, New York City, on Dec. 2, 2022. U.S. employers added an unexpectedly strong 517,000 jobs in January, showcasing the labor market is red-hot. The unemployment rate fell to its lowest level in more than half a century.

Tagged as: 

  • Economy

U.S. employers added 517,000 jobs last month. It's a surprisingly strong number

U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.

February 03, 2023
|
By:
  • Scott Horsley
Bruce Thompson

Tagged as: 

  • Economy

Georgia jobless rate stays flat in December

Georgia’s unemployment rate remained flat at 3% last month, Bruce Thompson, the state’s new commissioner of labor, reported Thursday.

January 20, 2023
|
By:
  • Dave Williams
A "Now Hiring" sign is displayed on a storefront in the Adams Morgan heighborhood in Washington, D.C., on Oct. 07, 2022 .

Tagged as: 

  • Economy

The U.S. job market is still healthy, but it's slowing down as recession fears mount

U.S. employers added 223,000 jobs in December, as the unemployment rate dipped to 3.5%. Despite some high-profile layoff announcements, the overall job market remains tight.

January 06, 2023
|
By:
  • Scott Horsley
Unemployment tends to rise in January, historically one of the busiest months for layoffs.

Tagged as: 

  • Your Money

January is often a big month for layoffs. Here's what to do in a worst case scenario

From calling creditors to announcing your job loss on social media, a solid game plan can make a layoff sting a lot less.

January 03, 2023
|
By:
  • Arezou Rezvani
Wasseem Jday, 31, is unemployed and splits his time between his sister's home and his parents'.

Tagged as: 

  • World

Tunisians are voting in an election critics say could cement a return to autocracy

In Tunisia, 12 years after the revolution, citizens are still asking, "How do you expect me to make a living?"

December 17, 2022
|
By:
  • Leila Fadel,
  • Taylor Haney,
  • and 2 more
A builder sands the body of a guitar at the Fender factory, in Corona, California, on October 6, 2022. Industries sensitive to rising interest rates have been slowing hiring.

Tagged as: 

  • Economy

The U.S. gained 263,000 jobs last month. It's good news for workers, but not the Fed

Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%.

December 02, 2022
|
By:
  • Scott Horsley
Workers attach siding to a house at a new home construction site in Trappe, Maryland, on October 28, 2022. Rising interest rates could mean slowing job growth in construction and manufacturing.

Tagged as: 

  • Economy

U.S. hiring cooled slightly in October. That could help to ease inflation

Hiring slowed modestly in October, as employers added 261,000 jobs. That might take some of the upward pressure off inflation.

November 04, 2022
|
By:
  • Scott Horsley
Federal Reserve Chair Jerome Powell attends a meeting of the International Monetary and Financial Committee in Washington, DC, on Oct. 14. Powell announced another interest rate hike on Wednesday.

Tagged as: 

  • Economy

The Fed orders another jumbo interest rate hike. Many are wondering what's next

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

November 03, 2022
|
By:
  • Scott Horsley
Volodymyr Korchevsky (center) stands with his son Bohdan, 18, and wife, Hanna Korchevska, outside their temporary home in Lviv. The Korchevsky family left the middle-class life they'd built in Mariupol and now months later, jobs gone, savings depleted and unable to afford rent, they are living in what's essentially a short shipping container, sandwiched between others, in a Lviv city park.

Tagged as: 

  • World

Millions of Ukrainians have escaped the war. Many still can't find enough work

Sixty percent of Ukrainians who fled their homes for other parts of the country have lost their jobs, as Russia's invasion has upended industries and destroyed businesses.

November 02, 2022
|
By:
  • Nathan Rott and
  • Claire Harbage
A man walks past a "Now Hiring" sign in New York City on July 8, 2022. Signs that job growth cooled in September could help with uncomfortably high inflation.

Tagged as: 

  • Economy

Stocks sink despite Friday's report that hiring cooled in September

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

October 07, 2022
|
By:
  • Scott Horsley
A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Va., on June 3.

Tagged as: 

  • Economy

The economy added 315,000 jobs, showcasing a labor market that is still strong

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

September 02, 2022
|
By:
  • Scott Horsley
A 'We Want You!' sign is posted at an Ike's Love & Sandwiches store in Los Angeles on July 26.

Tagged as: 

  • Economy

The job market got even better, in a surprisingly positive sign for the economy

U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.

August 06, 2022
|
By:
  • Scott Horsley
  • Load More

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