Congressional Budget Office Projects Lower Inflation, Higher Unemployment Into 2025
WASHINGTON (AP) — The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment […] read more >
by Associated Press -
Labor Market Stays Sturdy: US Employers Add 199,000 Jobs in November
The unemployment rate has now remained below 4% for 22 straight months, the longest such streak since the late 1960s. read more >
Thankful, and Hoping for the Best (Editorial)
Despite predictions, the U.S. may get through this year without a recession. read more >
The Power Dynamic in Labor Has Shifted. But For How Long?
Despite historic strikes and record contract negotiations this year, there's a lot stacked against labor organizers today. read more >
by Associated Press -
Labor Market Stays Strong as Jobless Claims Hit Lowest Level in Nearly 8 Months
U.S. applications for jobless claims fell by 20,000 to 201,000 for the week ending Sept. 16, the Labor Department reported Thursday. That's the lowest figure since the last week of January. read more >
by Associated Press -
State Unemployment Rate Ticks Up to 2.7%
It's the first increase since October. Meanwhile, Arkansas’ labor force participation rate was unchanged. read more >
Fewer Americans Apply for Jobless Benefits as Labor Market Keeps Humming Along
The number of Americans applying for jobless benefits fell last week by 10,000, to 230,000 the week ending August 19, the Labor Department reported Thursday. read more >
by Associated Press -
A Soft Landing? Maybe! (Editorial)
The year is half over and the widely predicted recession has yet to arrive. read more >
State Unemployment Rate Falls to New Low of 2.7%
It was the eighth consecutive month of employment gains in the state. read more >
US Employers Added a Surprisingly Strong 339,000 Jobs in May
Friday's report from the government reflected the job market's resilience after more than a year of rapid interest rate increases by the Fed. read more >
by Associated Press -
State Unemployment Hits Record Low of 2.8%
The labor force rose by 2,945 from March to April, increasing for the seventh straight month. read more >
Hot Employment Market Shows Signs of Cooling
While hiring remained strong in April, the government lowered its hiring figures for February and March. read more >
by Associated Press -
Weekly US Jobless Claims Highest Since 2021, but Companies Avoid Getting Caught Short-Handed
Applications for jobless aid for the week ending May 6 rose by 22,000 to 264,000, the Labor Department said Thursday. That's up from the previous week's 242,000 and is the most since November of 2021. read more >
by Associated Press -
More Americans File for Jobless Claims; Layoffs Remain Low
Jobless claims in the U.S. for the week ending March 25 rose by 7,000 to 198,000 from the previous week, the Labor Department said Thursday. read more >
by Associated Press -
US Jobless Claims Inch Down as Labor Market Remains Tight
The four-week moving average of claims, which flattens out some of week-to-week volatility, fell by 250 to 196,250, remaining below the 200,000 threshold for the ninth straight week. read more >
by Associated Press -
Applications for US Jobless Aid Rise by Most in 5 Months
Layoffs remain historically low as the labor market continues to be largely unaffected by the Federal Reserve's interest rate hikes. read more >
by Associated Press -
Applications for Jobless Aid Up Last Week, but Still Low
It's the third straight week that the four-week moving average has been below 200,000 and the ninth straight weekly decline. read more >
US Applications for Jobless Benefits Lowest in 15 Weeks
The four-week moving average of claims, which softens some of the week-to-week volatility, fell by 1,750 to 212,500. read more >
by Associated Press -
Small Businesses to Tackle Long List of Challenges in 2023
A looming recession, still high (although easing) inflation and labor woes are just some of the issues. read more >
Cooler Hiring and Milder Pay Gains Could Aid Inflation Fight
America's employers added a solid 223,000 jobs in December, but last month's gain was the smallest in two years. read more >
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