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Us Job Market

All articles tagged with #us job market

global-economy9 days ago•38 min saved

Dallas-based IIT Kanpur alum faces two-year job drought, weighs return to India

Gautam Dev, a 61-year-old IIT Kanpur alumnus and former software engineer in Dallas, has been unable to secure full-time employment for nearly two years after quitting his job in September 2024. Despite over two decades of IT experience, Dev faces barriers from age bias, long employment gaps, and the shift toward AI roles. He has resorted to gig work, drained his savings, and raised over $9,000 via GoFundMe to cover bills. Now eligible for Social Security benefits in January 2027, Dev is seriously considering returning to India, where he lived before becoming a US citizen, though he is not in a rush to relocate.

via Hindustan Times|

#gig-economy #global-economy #iit-kanpur

economy9 months ago•6 min saved

Fed's 2026 Rate Cuts to Boost Gold and Shake Dollar

The Federal Reserve is expected to cut interest rates more in 2026 due to a weakening US job market and slowing growth, which could boost gold and challenge the dollar, with the next Fed chair's policies playing a crucial role.

via Morningstar|

#economy #fed #gold

economy11 months ago•2 min saved

US Job Market Shows Signs of Cooling Without Collapse

The US job market in October showed signs of slowing with a slight increase in unemployment and fewer job postings, but overall employment remained stable, indicating a gradual slowdown rather than a collapse.

via Axios|

#economy #employment-slowdown #layoffs

economy1 year ago•1 min saved

Powell Signals Potential Rate Cuts Amid US Economic Slowdown

Federal Reserve Chair Jay Powell indicated support for further interest rate cuts as the US job market shows signs of cooling, suggesting a potential shift in monetary policy to support economic growth.

via Financial Times|

#economy #federal-reserve #interest-rates

world1 year ago•6 min saved

US Job Market Woes: Rising Discontent and Survival Strategies

US job seekers face a bleak outlook with high unemployment, widespread scams, and systemic issues like automation and AI filtering, leading to frustration and financial instability despite official statistics suggesting a relatively healthy labor market.

via The Guardian|

#automation #job-search #scams

economy1 year ago•6 min saved

US Long-Term Unemployment Rises to 1.9 Million Amid Job Shortage

The US is experiencing a surge in long-term unemployment, reaching levels not seen since the early pandemic, with over 1.9 million unemployed for six months or more, amid declining job openings, rising inflation, and economic restructuring, which is fueling social tensions and political instability.

via World Socialist Web Site|

#economic-distress #economy #jobless-benefits

economy1 year ago•3 min saved

US Job Market Weakens Significantly in 2024, Largest Revision on Record

New preliminary data reveals the US job market was significantly weaker in 2024 and early 2025 than previously reported, with substantial downward revisions in employment figures across key sectors, raising concerns about economic health and increasing pressure on the Federal Reserve to cut interest rates.

via AP News|

#2024-revisions #economic-outlook #economy

economy1 year ago•1 min saved

US Jobs Report Sparks Concerns of Recession and Rate Cuts

The US job market is gradually deteriorating, indicating a slowdown in employment growth, as reported by the Financial Times.

via Financial Times|

#economic-slowdown #economy #employment

economy1 year ago•9 min saved

US Job Market Shows Signs of Strain Amid Rising Claims

Recent data indicates the US job market is weakening, with rising unemployment claims, slower job creation, and increased layoffs, suggesting a potential economic slowdown ahead of the upcoming jobs report.

via CNN|

#economic-slowdown #economy #job-growth

economy1 year ago•3 min saved

U.S. Job Market Strains and Economic Uncertainty Rise

The US job market is weakening, with July adding only 73,000 jobs, below expectations, and revisions for previous months showing even weaker growth. Factors like tariffs, immigration policies, and economic uncertainty are contributing to a stagnating labor market, characterized by low layoffs but also limited job movement and participation.

via CNBC|

#economy #employment-slowdown #job-growth-revisions

economy1 year ago•0 min saved

US Job Openings Surge in October Amid Steady Labor Market

US job openings increased to 7.74 million in October, up from 7.37 million in September, indicating a stabilization in labor demand as layoffs eased, according to the Bureau of Labor Statistics' JOLTS report.

via Bloomberg|

#economy #job-openings #jolts-report

economy2 years ago•5 min saved

Friday's Jobs Report May Reveal Cooling Labor Market

The upcoming May jobs report is expected to show modest job growth and a continued low unemployment rate, potentially marking the 28th consecutive month of sub-4% unemployment, a streak not seen since the early 1950s. This aligns with the Federal Reserve's goal of achieving a "soft landing" by cooling demand and easing inflation without triggering a recession. Key trends to watch include average hourly earnings, the impact of foreign-born workers, and potential layoffs in public education.

via CNN|

#economy #federal-reserve #inflation

economy2 years ago•3 min saved

US Job Openings Hit 3-Year Low as Market Cools

The U.S. job market has returned to pre-pandemic conditions as the Beveridge Curve, which plots job openings against the unemployment rate, has realigned to its 2018-2019 state. This suggests that inflation can decrease without a significant rise in unemployment. However, inflation remains above the Federal Reserve's 2% target, and the labor market's future stability is still uncertain. Key indicators like the quits rate and monthly payroll growth are also showing signs of normalization.

via Yahoo Finance|

#beveridge-curve #economy #inflation

economy2 years ago•2 min saved

U.S. Job Openings Hit 3-Year Low in April

U.S. job openings fell to 8.059 million in April, the lowest in over three years, indicating a cooling labor market that could aid the Federal Reserve's efforts to control inflation. The ratio of job openings to job-seekers dropped to 1.24, the lowest since June 2021. The Fed is expected to maintain its current policy rate, with potential rate cuts anticipated later in the year if inflation trends downward.

via Reuters|

#economy #federal-reserve #inflation

economy2 years ago•0 min saved

US Job Openings Plummet to Lowest Level in Over 2 Years, Signaling Cooling Labor Market

The number of job openings in the United States has dropped to its lowest level in over two years, signaling a slowdown in the labor market. This decline in job openings reflects a weakening demand for workers amid concerns about the economic outlook and ongoing trade tensions.

via Financial Times|

#economic-indicators #economy #employment