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Something strange, and potentially alarming, is happening to the job market for young, educated workers. According to the New York Federal Reserve, labor conditions for recent college graduates ...
The Labor Department reported that employers added 139,000 jobs in May while unemployment held steady at 4.2%. The unemployment rate for all college grads was 2.7%, but the rate for those between ...
The labor market differential acts as a proxy for the unemployment rate. When it goes down, it indicates that the unemployment rate is likely going up.
Recent college graduates face rising unemployment as the labor market deteriorates, with tech slowdowns and AI displacement contributing to a 5.8% jobless rate for those aged 22-27.
The number of available jobs in the US unexpectedly increased in April, new data showed Tuesday, a potential indicator that the labor market isn’t yet buckling amid broader economic concerns ...
The Labor Department, citing budget deficits and claiming poor results, said that it was halting contracts on the 99 private-contractor-operated sites under its purview.
The White House hailed Friday’s jobs report for May, and it did beat market expectations with a net gain of 139,000 in payrolls. But there are signs of weakness under the labor-market hood that ...
U.S. employers added 139,000 jobs in May, down from 147,000 in April, the Bureau of Labor Statistics said Friday. 1 That was more than the 125,000 forecasters had expected, according to a survey ...
U.S. job openings rose unexpectedly in April, showing that the labor market remains resilient in the face of uncertainty arising from President Donald Trump’s trade wars.
Following the COVID-19 pandemic, Korea’s unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor ...
Dive Brief: Continuing claims for unemployment benefits rose more than forecast to the highest level since November 2021 as reductions in both hiring and firing suggest the labor market is slowing ...
Analysts polled by The Wall Street Journal are expecting the Labor Department’s report to show that the U.S. added a net 125,000 jobs in May.