Unemployment

Meanwhile, the unemployment rate stayed at a five-decade low of 3.7 percent.

The number of people without jobs in the United States is expected to remain largely unchanged when the Labor Department reports the official unemployment rate Friday. One thing that could affect those numbers: a pair of hurricanes, Florence and Michael, that hit the Eastern Seaboard back to back. 

America's economic expansion is now the second-longest on record, having already surpassed the boom of the 1960s.

After strong employment growth for the past year, the sector stalled out in August.

And still builders are facing a shortage of skilled and unskilled workers.

You may have heard this phrase: “It’s the economy, stupid. ” And it usually is. Parties in power tend to do better when the economy is humming along, and voters are more likely to give them the boot when the economy’s not doing so hot. With low unemployment, a booming stock market and strong growth, […]

Average hourly pay gains remained modest, increasing 2.7 percent from a year earlier.

This post was updated on July 27 at 7:54 a.m. CT. The Commerce Department has released second-quarter gross domestic product numbers this morning, showing that the U.S. economy grew at an annual rate of 4.1 percent — the fastest pace since 2014. That figure was driven by exporters rushing to get products delivered ahead of […]

One economist shares his theory about why wages might not be growing: companies are just too powerful right now.

Unemployment is as low as it was at the end of the Clinton era, but other measures of job market recovery are still lagging.