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News Articles: Unemployment

The latest employment data for July is bolstering hopes about the economy after employers continued to add jobs at a solid clip.

Tagged as: 

  • Economy

The case for a soft landing in the economy just got another boost

U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.

August 04, 2023
|
By:
  • Scott Horsley
A 'Now Hiring' sign is displayed outside a check cashing shop in Los Angeles on June 2, 2023. Employers added 209,000 jobs last month, slowing down from previous months but still marking respectable growth.

Tagged as: 

  • Economy

The job market is cooling but still surprisingly strong. Is that a good thing?

U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.

July 07, 2023
|
By:
  • Scott Horsley
Construction workers prepare steel for a crane at the site of JPMorgan Chase's new headquarters in New York City on May 18, 2023. Builders added jobs this month despite the headwinds from higher interest rates. It was another indication of the country's strong job market.

Tagged as: 

  • Economy

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know

Employers added a whopping 339,000 jobs last month, a stunningly strong number. Here are some of the key takeaways of the country's red hot labor market.

June 03, 2023
|
By:
  • Scott Horsley
A customer walks by a "Now Hiring" sign posted in front of a store in Novato, Calif., on April 7, 2023. The labor market remains red hot. That's great for workers, but it's bound to reinforce concerns about high inflation.

Tagged as: 

  • Business

The U.S. added 339,000 jobs in May. It's a stunningly strong number

Employers added a whopping 339,000 jobs in May, far above expectations, according to a report from the Labor Department on Friday. The unemployment rate rose to 3.7%, from 3.4% in April.

June 02, 2023
|
By:
  • Scott Horsley
Daily room cleaning used to be standard practice in hotels. But since the pandemic, it's become less so.

Tagged as: 

  • Business

Want your hotel room cleaned every day? Hotel housekeepers hope you say yes

Daily room cleaning used to be standard in hotels. Now, the union UNITE HERE is fighting to bring that back, as hotels have cut back citing worker shortages and changing guest preferences.

May 12, 2023
|
By:
  • Andrea Hsu
A customer walks by a "now hiring" sign posted in front of a store in Novato, Calif., on April 7, 2023.

Tagged as: 

  • Economy

In a surprise, the job market grew strongly in April despite high interest rates

The U.S. job market may be getting a second wind. Employers added 253,000 jobs in April, a modest uptick from the month before. The unemployment rate dipped to 3.4%.

May 05, 2023
|
By:
  • Scott Horsley
A call for employment sign is displayed at a Taco Bell in Austin, Texas, on March 10, 2023. The labor market is slowing as higher interest rates start to filter through the economy.

Tagged as: 

  • Economy

The job market is cooling as higher interest rates and a slowing economy take a toll

U.S. employers added 236,000 jobs in March as hiring slowed from the previous month. Unemployment dipped to 3.5%, from 3.6% in February.

April 07, 2023
|
By:
  • Scott Horsley
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
  • Load More

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