Unemployment
Is the Unemployment Rate a Deceptive Statistic? | Peter Jacobsen
There is no perfect metric for employment as it relates to the health of the economy as a whole. Context is necessary for determining whether changes in these metrics are good or bad. People think of having less work as a bad thing but, over time, the number of hours worked has decreased pretty consistently over time. You can work less hours today for a better standard of living than people in the prior two centuries. In the context of the last century and a half as a whole, this is a good thing.
Employment_Worksheet_HiringTalent.docx
Worksheet – (Un)employment Related news articles: Small businesses face hiring challenges despite fears of recession (Forbes, February 28, 2023) and No matter the market, there's always a demand for great talent: Here's how to cultivate and keep it (Forbes, April 10, 2023) Summary: This workshee...
Noncyclical Rate of Unemployment | FRED | St. Louis Fed
Graph and download economic data for Noncyclical Rate of Unemployment from Q1 1948 to Q4 2032 about NAIRU, long-term, projection, unemployment, rate, USA, labor underutilization, headline figure, civilian, 16 years +, labor, and household survey.
Americans quit their jobs at a record pace in August
WASHINGTON (AP) — One reason America's employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
U.S. job growth surges most in 10 months, jumping past forecast
U.S. job growth accelerated in June, with payrolls gaining the most in 10 months, suggesting firms are having greater success recruiting workers to keep pace with the broadening of economic activity.Nonfarm payrolls increased by 850,000 last month and the unemployment rate edged up to 5.9 percent,…
Exclusive: Pandemic could cost typical American woman nearly $600,000 in lifetime income
It's not just the loss of current income during the COVID crisis that will hurt millions of women financially, but also reduced future earnings and retirement benefits that will likely follow. As one economist put it, women may "eat the cost of the pandemic for the rest of their working lives."