For example, the current “low” unemployment rate of 4% represents nearly 7 million jobless people looking for work. And for these would-be workers, hearing the labor market is doing well could ...

“People have a recent example of a much better labor market,” said Daniel Zhao, chief economist at Glassdoor, referring to the period between 2021 and 2023 when job creation boomed in response ...

Labor refers to the effort expended by an individual to bring a product or service to the market. Again, it can take on various forms. For example, the construction worker at a hotel site is part ...

AI boosts workplace productivity by enhancing efficiency and reducing skill gaps, though its impact varies by task complexity ...

The Trump administration has given a variety of reasons and mixed messages for ratcheting up the tariffs charged on goods ...

The details of a price gouging ban would only be decided after an election, but there are precedents to draw on.

Broadly speaking, though, the latest report indicates that there's a predictable and ongoing cooling off in the labor market. By comparison, the stock market reaction was jarringly negative ...

Structural unemployment poses a significant challenge in today's evolving job market. Unlike cyclical or frictional unemployment, it stems from technological advancements and skill mismatches, leaving ...

The number of job openings — a measurement of labor market demand — fell to 7.57 million in February, according to the Bureau of Labor Statistics’ JOLTS report released Tuesday.

Employers added jobs in March at a much stronger pace than expected, a sign that the labor market remained solid despite economic uncertainty, government layoffs and market turbulence. The U.S ...

This week, the focus will shift to the labor market, with the March jobs report set for release on Friday. Updates on private payrolls and job openings, as well as activity in the services and ...