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Stories Tagged as

Unemployment rate

Why are unemployment rates higher for Black and Hispanic workers?

by Nancy Marshall-Genzer
Jun 22, 2021
Economists point to structural racism and a lack of access to training and transportation among the factors.
Joe Raedle/Getty Images
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Real-time proof the job market is recovering

by Mitchell Hartman
Apr 30, 2021
But it could take more than a year to get back to pre-pandemic levels.
Job postings are strongest in sectors like driving, construction and warehousing.
Johannes Eisele/AFP via Getty Images
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Job creation soars in March

by Mitchell Hartman
Apr 2, 2021
Employers added 916,000 jobs in March and the unemployment rate fell to 6% as vaccination spreads and the economy reopens.
Jobs at restaurants, hotels and bars are among the more than 900,000 added across many industries.
Jeenah Moon/Getty Images
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COVID & Unemployment

A year of pandemic unemployment, by the numbers

by Mitchell Hartman
Mar 11, 2021
Three economists share statistics that depict the depth and length of the COVID-19 recession.
For the past 51 weeks, first-time claims have been higher than at any time during the Great Recession.
Joe Raedle/Getty Images
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COVID & Unemployment

Fed and Treasury chart path back to "full employment"

by Mitchell Hartman
Feb 24, 2021
Fed Chair Jerome Powell and Treasury Secretary Janet Yellen peg the actual unemployment rate at around 10%, higher than the official 6.3%.
Federal Reserve Chair Powell testified on Capitol Hill about the U.S. labor market.
Mark Wilson/Getty Images
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COVID & Unemployment

U.S. economy adds 49K jobs as unemployment falls to 6.3%

by Associated Press
Feb 5, 2021
The tepid increase followed a decline of 227,000 jobs in December, the first loss since April.
A waitress takes customers' orders in the outdoor seating area of a restaurant on Jan. 28, 2021 in Los Angeles.
Valerie Macon/AFP via Getty Images
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COVID-19

Will January bring more hiring?

by Samantha Fields
Jan 8, 2021
The latest COVID relief package will have a positive effect on the economy as soon as this month.
A waiter at the outdoor dining area of a restaurant in New York last year.
Spencer Platt/Getty Images
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COVID & Unemployment

Continuing unemployment claims are down, but that doesn't tell the whole story

by Andy Uhler
Nov 5, 2020
No state lets people stay on unemployment benefits for more than 26 weeks.
Unemployment benefits are running out for people who have been out of work for six months.
Spencer Platt/Getty Images
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COVID & Unemployment

The unemployment rate in some neighborhoods is triple the national average

by Jasmine Garsd
Oct 12, 2020
In parts of the South Bronx, the unemployment rate was estimated to be nearly 30% in August. Nationwide, it's a little less than 8%.
Felix Pinzon, an unemployed construction worker, pushes a cart of food donations in May in the Bronx.
Johannes Eisele/AFP via Getty Images
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COVID & Unemployment

Job gains don't paint a clear picture of the recovery

by Sabri Ben-Achour
Oct 2, 2020
The jobs created in September obscure the fact that thousands were lost permanently and millions of people have stopped looking for work.
A restaurant displays a "Now Hiring" sign amid the coronavirus pandemic, on Aug. 4 in Arlington, Virginia.
OLIVIER DOULIERY/AFP via Getty Images
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