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Stories Tagged as

Unemployment rate

COVID-19

Weekly unemployment claims start to give a snapshot of COVID-19 layoffs

by Mitchell Hartman
Mar 19, 2020
Many companies are laying off workers. Weekly jobless claims will tell us how many people are now filing for state unemployment benefits.
For the week of March 14, there were 281,000 new claims, the highest level for initial claims since Sept. 2, 2017.
Justin Sullivan/Getty Images
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Divided Decade

Divided Decade: How the financial crisis changed jobs

by Tommy Andres
Dec 19, 2018
The work we do and the way we’re paid is different.
Amy Grady, who ran as an independent for a seat in the West Virginia state Senate, teaches in her classroom at Leon Elementary on Oct. 18, 2018 in Leon, West Virginia.  West Virginia teachers went on strike this year demanding higher pay and better health care.
MICHAEL MATHES/AFP/Getty Images
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Tight labor market, strong holiday sales forecast might force retailers to pay higher wages

by Justin Ho
Oct 4, 2018
On Friday, we’ll get the latest jobs figures for the month of September. Economists are expecting a strong report, with unemployment expected to drop a bit from an already low rate. We’re also getting awfully close to the holiday hiring season, and sales are expected to be pretty strong, too. But with the unemployment rate […]
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Why employers are feeling more pressure to raise pay

by Mitchell Hartman
Sep 7, 2018
New data from the Labor Department show 201,000 new jobs were created in August, which is about average, month-in, month-out, for the past year.  The unemployment rate was unchanged, at 3.9 percent. We’ve been sitting in that low-unemployment ballpark since mid-spring. Average hourly earnings for private sector workers accelerated in August.  They’re up 2.9 percent compared […]
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With unemployment so low, where are the workers coming from?

by Justin Ho
Aug 3, 2018
The U.S. economy created 157,000 jobs in July. The unemployment rate dipped to 3.9 percent. The last time was saw unemployment that low? The year 2000. What does all of this mean for wages? And for businesses looking to hire more workers?
Commuters arrive from Metro North Railroad trains in Grand Central Station in New York October 19, 2016.
TIMOTHY A. CLARY/AFP/Getty Images
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What GDP tells us about the economy

by Kimberly Adams
Jul 26, 2018
GDP growth for the latest quarter is expected to be robust, but that is due in part to some unique elements of the quarter.
KIRILL KUDRYAVTSEV / Getty Images
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Weekly Wrap

4.1 percent is the name of the unemployment rate game

by Amy Scott
Jan 5, 2018
But what about wages?
US President Donald Trump walks to Marine One prior to departing from the South Lawn of the White House in Washington, DC, January 5, 2018, as he travels for a weekend with Republican lawmakers at Camp David in Maryland.
SAUL LOEB/AFP/Getty Images
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For people with disabilities, the unemployment rate is still pretty high

by Sean McHenry
Jul 24, 2017
For people with disabilities, finding a job can be a difficult journey.
Linda Wright (C), 57, attends a job conference for unemployed people with disabilities at Manchester Community College in Manchester, Connecticut.
Christopher Capozziello/Getty Images
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Janet Yellen's job explained in five questions

by Jana Kasperkevic
Mar 15, 2017
The Fed chair is not shy about explaining what is and is not the job of the U.S. central bank.
Interest rates aren't the only thing Fed Chair Janet Yellen is concerned about on daily basis.
Mark Wilson/Getty Images
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What the February jobs report means for the upcoming Fed meeting

by Mark Garrison
Mar 10, 2017
Expect a rate increase.
Federal Reserve Board Chair Janet Yellen speaks at a news conference. The better-than-expected jobs numbers give the Fed another reason to raise interest rates.
Alex Wong/Getty Images
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