These "discouraged" workers are left out of the unemployment rate

Oct 14, 2024
Some unemployed Americans who want to work are discouraged by the job market, so much so that they've paused looking.
About 445,000 Americans fit the federal definition of discouraged worker last month. But many more out-of-work people still feel discouraged.
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The soft job market has a silver lining: Productivity is up, and that helps the economy grow

Sep 26, 2024
We're making and doing more stuff in fewer hours.
Investment in advanced manufacturing is one reason productivity has increased in the U.S. Above, a fiber-optic manufacturing facility in North Carolina.
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What can the Federal Reserve do about rising unemployment?

Aug 14, 2024
Many expect that the Fed will cut interest rates to stimulate the job market — but not everyone thinks that's a good idea.
If Federal Reserve Chair Jerome Powell, above, announces an interest rate cut in September, it could take awhile for that cut to stimulate the labor market.
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What does a normalizing job market look like?

Jul 30, 2024
Economists say the supply of jobs and workers is coming into better balance than during the labor shortages of the pandemic.
From May to June, little changed in terms of job openings, layoffs and quits. Take a birds-eye view though, and the labor market has slowed in the last year.
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Governments at all levels are hiring, and that's boosting the job market

Jul 17, 2024
The public sector is still recovering from pandemic turbulence. Due to upcoming retirements, it may stay active in the labor market for years.
Earlier in the pandemic, governments lost many workers to burnout and private-sector wage offers.
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Have you been texted a suspiciously good job offer?

Jul 11, 2024
One scam that’s been around for a while — but is quickly adapting to new technology — targets job seekers.
Daily earnings ranging from $50 to $10,000? If a suspicious job offer or inquiry sounds too good to be true, it probably is.
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Continuing claims for jobless benefits reach highest point since 2021

Jun 27, 2024
The uptick seems to reinforce a number of recent signals showing moderation in the labor market.
Rising continuing unemployment claims mesh with other recent data. Job openings have been declining, for instance, and so have quits.
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The case for wage insurance to offset future job disruption

There's already unemployment insurance. But new research makes the case for wage insurance as further protection for workers.
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Bad news for the job market could be good news for inflation

Jun 13, 2024
Initial jobless claims hit a 10-month high last week. If that takes pressure off prices, the Federal Reserve might reduce interest rates.
Higher unemployment can contribute to the cooling of inflation, but it comes at the expense of people's livelihoods.
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Child care costs are a big part of why Americans feel inflation still stings

Prices have climbed persistently, yet the service is persistently scarce. That, in turn, hurts kids and undermines the labor force.
Women are working slightly less since 2019, and the extra time is devoted mostly to child care or elder care, said Diane Swonk, chief economist at KPMG.
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