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Stories Tagged as

Unemployment

After a turbulent few months, unemployment filings fall again

by Mitchell Hartman
Nov 15, 2024
Last week, 217,000 people filed new claims for unemployment insurance. Back in the summer and early fall, that number spiked as high as 260,000.
Jobless claims are back down to levels last seen in the spring, signaling low layoffs and a rebound in job gains to come.
Frederic J. Brown/AFP via Getty Images
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What you should know about applying for disaster assistance and unemployment benefits after a hurricane

by Janet Nguyen
Oct 17, 2024
FEMA offers $770 for disasters declared starting this month, but it’s not the only money you can get.
A view of the debris and damage left from Hurricane Milton, which made landfall in Florida last week.
Bonnie Cash/AFP via Getty Images
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Explaining the racial gap in stock market investment

by David Brancaccio , Chris Farrell and Alex Schroeder
Oct 11, 2024
New research finds that inequities in unemployment risk can explain some of the racial gap in stock market investment.
champc/Getty Images
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What are "ghost jobs", and why are so many unemployed workers frustrated with them?

by Kimberly Adams
Aug 26, 2024
They look like legitimate job listings, but they aren't.
If a job posting you're interested in has been up for several months, that's a sign that it may be a "ghost job."
Alex Wong/Getty Images
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What can the Federal Reserve do about rising unemployment?

by Caleigh Wells
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.
Andrew Harnik/Getty Images
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Why the so-called “left behind” bloc might be doing better than you think

by David Brancaccio , Nic Perez and Alex Schroeder
Aug 13, 2024
The Economist digs into data regarding those who lost their jobs in manufacturing.
Above, the Gautier Steel Mill in Johnstown, Pennsylvania, in September 2016. "The traditional Rust Belt states ... actually have had lower unemployment rates than the national average," said The Economist's Zanny Minton-Beddoes.
Dominik Reuter/AFP via Getty Images
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The higher unemployment rate may not be a bad thing this time

by Sabri Ben-Achour
Aug 6, 2024
July's increase was not driven by layoffs. The data reflected the larger number of people who are actively seeking jobs.
More people have entered the job market recently, possibly drawn by a healthy environment for salaries.
ljubaphoto/Getty Images
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Why are stocks cratering around the globe?

by Samantha Fields
Aug 5, 2024
The disappointing July jobs report fed fears of a U.S. downturn, spurring traders to sell. But economic fundamentals are still strong.
When an economic report diverges from forecasts, it can "result in large either upward or downward movements," said Charles Lieberman at Advisors Capital Management.
Spencer Platt/Getty Images
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What does a normalizing job market look like?

by Samantha Fields
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.
Michael M. Santiago/Getty Images
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What is "maximum employment"?

by Samantha Fields
Jul 29, 2024
And why is there no target number to measure it, as there is with inflation —the Federal Reserve's other mandate?
The Federal Reserve is thought to believe that 4% unemployment equates to its goal of maximum employment. But could the jobless rate go even lower without kicking up inflation? Above, Fed Chair Jerome Powell.
Nathan Howard/Getty Images
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