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Unemployment Rate

All articles tagged with #unemployment rate

U.S. Workforce Thins as Experts Debate Why Millions Are Leaving
economy8 days ago

U.S. Workforce Thins as Experts Debate Why Millions Are Leaving

About 1 million Americans left the workforce over the past year, with June’s labor-force participation at 61.5%, the lowest since 2021. The unemployment rate fell to 4.2%, but experts say this drop reflects fewer people seeking work rather than more hiring. Causes are debated, including caregiving, burnout, retirements amid stock-market gains, skills shifts, and return-to-office mandates affecting women and workers with disabilities. A shrinking workforce could slow economic growth and worsen long-term labor shortages.

U.S. labor force participation slides to 50-year low outside Covid era amid June jobs data
economy15 days ago

U.S. labor force participation slides to 50-year low outside Covid era amid June jobs data

June’s unemployment rate fell to 4.2% as the labor force shrank by 720,000, pushing the participation rate to 61.5% — the lowest since March 2021 and, excluding Covid-era data, since 1976. Payrolls rose 57,000, but the household survey showed 507,000 fewer employed and 832,000 more not in the labor force, signaling a substantial exodus from participation. Analysts warn the data could be noisy, but the sharp drop in prime-age participation hints at underlying weakness rather than a straightforward recovery.

June jobs miss: payroll growth slows to 57,000 as unemployment ticks down
economy15 days ago

June jobs miss: payroll growth slows to 57,000 as unemployment ticks down

U.S. nonfarm payrolls rose by 57,000 in June, well below economists’ 113,000 forecast, while the unemployment rate dipped to 4.2% and the labor-force participation rate held at 61.5%. Gains were led by professional/business services, social assistance, and healthcare, but leisure and hospitality fell by 61,000 after May’s surge; April and May payrolls were revised down by a combined 74,000. The report signals a cooling labor market as the year heads toward mid-year.

June Jobs Growth Slows Sharply as Unemployment Edges Down
business15 days ago

June Jobs Growth Slows Sharply as Unemployment Edges Down

The June jobs report shows a cooling labor market: nonfarm payrolls rose by 57,000—well below expectations—while the unemployment rate fell to 4.2% and the labor-force participation rate slipped to 61.5% (a multi-year low). May and April gains were revised down, dampening earlier optimism. Most growth came from professional/business services, health care and social assistance; leisure and hospitality lost 61,000. Average hourly earnings rose 0.3% in the month and 3.5% year over year. The softer payrolls read could influence Fed policy expectations, with investors weighing a potential September move against near-term policy pauses.

May Jobs Rally Surges as Hiring Broadens and Wages Rise
business1 month ago

May Jobs Rally Surges as Hiring Broadens and Wages Rise

U.S. payrolls rose by 172,000 in May, beating expectations, with the unemployment rate steady at 4.3%; gains were broad, led by leisure and hospitality (+70k), local government (+55k), and health care (+35k). Average hourly earnings rose 0.3% for the month and 3.4% year over year. Revisions to prior months improved the picture, and the Fed is likely to hold rates as inflation remains the focus.

A Subtle Rebound: What Friday's Jobs Report Could Signal
economy1 month ago

A Subtle Rebound: What Friday's Jobs Report Could Signal

Economists expect May payrolls to rise around 105,000 with the unemployment rate near 4.3%, signaling a gradual labor-market rebound as hiring broadens beyond healthcare and wage growth slows. AI-driven changes to skills and demographics are shaping the outlook, while Spirit Airlines’ shutdown adds sector headwinds in transportation; unemployment claims stay near historic lows and the breadth of hiring across industries will be captured by the Diffusion Index.

U.S. payrolls rise 115,000 in April as labor market stays resilient amid Iran-war energy shock
economy2 months ago

U.S. payrolls rise 115,000 in April as labor market stays resilient amid Iran-war energy shock

U.S. payrolls rose 115,000 in April and the unemployment rate held at 4.3%, signaling a resilient labor market even as energy prices stay elevated amid the U.S.–Iran conflict. Healthcare led gains, with transportation/warehousing and retail adding jobs, IT fell, and 4.9 million workers were employed part-time for economic reasons; wages rose 3.6% year over year.

economy5 months ago

U.S. Jobless Claims Dip to 209,000 as Insured Unemployment Falls to 1.827 Million

Initial U.S. unemployment claims totaled 209,000 for the week ending Jan 24, down 1,000 from the revised prior week of 210,000. The four-week moving average rose to 206,250. The insured unemployment rate remained at 1.2% for the week ending Jan 17, with 1,827,000 people insured unemployed, down 38,000 from the previous week and the lowest level since Sept 21, 2024.

Wall Street Hits Record Highs Amid Strong Jobs Data and Market Gains
business6 months ago

Wall Street Hits Record Highs Amid Strong Jobs Data and Market Gains

U.S. stocks reached record highs following a mixed jobs report that improved the unemployment rate but showed slower hiring, leading to expectations of delayed Federal Reserve rate cuts. Major gains were driven by tech and housing sectors, despite some declines in auto and consumer goods stocks. Bond yields showed mixed signals, and economic sentiment among consumers appears to strengthen, supporting market optimism.

U.S. Jobs Growth Slows to 50,000 in December, Unemployment Drops to 4.4%
economy6 months ago

U.S. Jobs Growth Slows to 50,000 in December, Unemployment Drops to 4.4%

US job growth in December was weaker than expected with a 50,000 increase, but the unemployment rate fell to 4.4%, indicating a mixed labor market outlook. The year saw the slowest job gains outside of a recession since 2003, reflecting a hiring recession despite strong economic growth and consumer spending. The report influences Federal Reserve interest rate decisions amid ongoing economic uncertainty.

US Labor Market Faces Stagnation and Uncertainty in 2025-2026
economy-and-politics6 months ago

US Labor Market Faces Stagnation and Uncertainty in 2025-2026

The US labor market in 2025 showed signs of slowdown with subdued job creation and a rising unemployment rate, but no signs of a recession. Job growth is expected to remain modest in 2026, with some analysts predicting a jobless expansion, though others see potential for stabilization or growth due to policy changes and economic measures. Overall, rapid job growth of previous years is unlikely to return soon.