The U.S. economy has added roughly 19 million jobs in four years. But as of the end of 2023, 43 percent of counties still hadn’t regained all the jobs they lost in the early months of the pandemic.
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.
The Jobs Calculator calculates the net employment change needed to achieve a target unemployment rate after a specified number of months. The user can adjust the target unemployment rate, the number of months, and the assumed labor force growth.
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.
There are numerous job reports including weekly jobless claims, Job Openings and Labor Turnover Survey (JOLTS), and the ADP Employment report, but the Employ...
Every month, the U.S. Bureau of Labor Statistics releases a report that looks at the unemployment rate, among other job-related data in the country. But who counts as "unemployed" can be tricky.
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.
Millions of workers are still unemployed or have dropped out of the labor force. What is the likelihood that these people will return to work in the coming year?
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."
US jobless claims fall again as some states end federal aid
WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week — the latest encouraging sign for the rebounding U.S. economy — just as Republican-led states are moving to cut off a federal benefit for the jobless.
U.S. hiring takes big step back as businesses scramble for workers, raw materials
U.S. job growth unexpectedly slowed in April, likely curbed by shortages of workers and raw materials as rapidly improving public health and massive government aid fueled an economic boom.
There’s a good chance that you’ve been to your local grocery store or stopped by your favorite fast food location and noticed signs for hiring bonuses, but why aren't more workers signing up?