unemployment
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Business
US economy added 254K jobs last month — blowing past forecasts
The economy added a whopping 254,000 jobs last month — blowing past forecasts that predicted a modest rise and diminishing…
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Business
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate…
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Business
Jobless claims rise slightly to 230K as employment market continues to cool
The number of Americans filing new applications for unemployment benefits last week rose slightly to 230,000, matching economists’ expectations as…
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Business
Wall Street analysts blast feds over botched release of jobs revision report
Wall Street analysts ripped the federal government after it issued the largest downward revision of jobs data in 15 years…
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Business
Economic recession on the horizon amid upcoming presidential election
Could an economic “Black Swan” of a recession upend the November election? Even before Friday’s shockingly worrisome jobs report (unemployment…
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Business
Redbox shutting down 24K kiosks, after parent company, Chicken Soup for the Soul Entertainment bankruptcy filing
The digital age of movie-watching claimed yet another victim in its years-long fight for viewership domination. Redbox, the once beloved…
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Business
Labor market keeps cooling as applications for unemployment benefits rise
First-time applications for unemployment benefits increased last week, while the number of people on jobless rolls rose further to a…
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Business
US adds 272,000 new jobs in May — stoking migrant controversy
The American labor market continues to show surprising strength — and the latest numbers are sparking fresh controversy over the…
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Business
US job growth slowed to 175K jobs in April
US employers increased their payrolls by 175,000 in April — a notable slowdown from the average 276,000 new jobs per…
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Business
Fresh data on inflation, jobs could force Fed to rethink rate cuts
The Federal Reserve’s path to cutting interest rates later this year just got a bit more complicated thanks to fresh…
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