This week’s Report Card finds President Joe Biden in a bind over campus protests, rising unemployment and inflation, and depressing reelection polls. This week’s Report Card finds President Joe Biden in a bind over campus protests, rising unemployment and inflation, and depressing reelection polls. See the entire article on Arizona’s unemployment, or, read more Arizona…
India is on track to become the world’s third-largest economy by 2027, but Narendra Modi faces a pile of problems if he wins a third term in power. India is on track to become the world’s third-largest economy by 2027, but Narendra Modi faces a pile of problems if he wins a third term in…
In April, the unemployment rate sat at 3.9%, up slightly from 3.8% in March, putting the total number of unemployed individuals at 6.5 million. Those who qualify as long-term unemployed — individuals without a job for 27 weeks or more — hovered at 1.3 million, practically unchanged from last month. A lackluster 175,000 jobs were…
Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the U.S. since the 1960s. Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in…
Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the U.S. since the 1960s. Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in…
The April jobs report is expected to show the US labor market grew at a steady but decelerating rate last month, providing little reason for investors to change their view on the Federal Reserve’s … The April jobs report is expected to show the US labor market grew at a steady but decelerating rate last…
U.S. residents filing for first-time unemployment benefits held steady at a seasonally-adjusted 208,000 last week, equaling the revised total of the week before, the Labor Department announced on … U.S. residents filing for first-time unemployment benefits held steady at a seasonally-adjusted 208,000 last week, equaling the revised total of the week before, the Labor Department…
As the economy normalizes from the pandemic, standard economic relationships are reasserting themselves. That means beating inflation will likely require an increase in the U.S. unemployment rate, … As the economy normalizes from the pandemic, standard economic relationships are reasserting themselves. That means beating inflation will likely require an increase in the U.S. unemployment rate,…
The Michigan Unemployment Insurance Agency has agreed to a $55 million settlement after it demanded benefits back from workers during the COVID-19 pandemic. The Michigan Unemployment Insurance Agency has agreed to a $55 million settlement after it demanded benefits back from workers during the COVID-19 pandemic.The preliminary settlement reached April 25 resolves a class-action lawsuit…
U.S. March payrolls topped expectations with the most jobs added in nearly a year and the unemployment rate fell as well. Bloomberg’s Michael McKee breaks down the numbers on Bloomberg TV. U.S. March payrolls topped expectations with the most jobs added in nearly a year and the unemployment rate fell as well. Bloomberg’s Michael McKee…