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Wednesday's release shows the US labor market added fewer jobs than initially reported ... since 2020 and the highest unemployment rate, 4.3%, in nearly three years. ... with our forecast of a ...
The U.S. central bank on Wednesday cut interest rates by 50 basis points to the 4.75%-5.00% range, the first reduction in borrowing costs since 2020, which Federal Reserve Chair Jerome Powell said ...
The Labor Department's closely watched jobs data for August is due on Friday, with the unemployment rate forecast to ease slightly to 4.2%. Yellen says US labor market healthy despite slower ...
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
Unemployment rate by jurisdiction. Data for all U.S. states, the District of Columbia [4] and Puerto Rico [5] is from June 2023 and September 2021, respectively. Data for Guam is from September 2019, and data for American Samoa is from 2018. Data for the Northern Mariana Islands is from April 2010 (more than ten years old) it is included but ...
The U.S. economy added 142,000 jobs last month, falling short of forecasts, while the unemployment rate dipped to 4.2%. Private-sector hiring totaled 118,000, but the three-month moving average ...
In April 2010, the official unemployment rate was 9.9%, but the government's broader U-6 unemployment rate was 17.1%. [180] Between February 2008 and February 2010, the number of people working part-time for economic reasons (i.e., would prefer to work full-time) increased by 4.0 million to 8.8 million, an 83% increase in part-time workers ...
In August, the unemployment rate rose to 3.8%, up from 3.5% and the highest since February 2022. Economists had expected unemployment to remain unchanged at 3.5%.