jobs
A sign seeking job applicants is seen in the window of a restaurant in Miami, Florida, on May 5, 2023. Joe Raedle/Getty Images hide caption toggle caption Joe Raedle/Getty Images A sign seeking job applicants is seen in the window of a restaurant in Miami, Florida, on May 5, 2023. Joe Raedle/Getty Images Twenty years […]
The Black jobless rate climbed sharply in March, with Black women seeing particularly large drops in employment and overall labor-force participation. The overall unemployment rate for Black Americans rose to 6.4%, matching a high last reached in August 2022, from 5.6% in February, according to Labor Department data released Friday. The rate for Black women […]
Another month, another burst of better-than-expected job gains. Employers added 303,000 jobs in March on a seasonally adjusted basis, the Labor Department reported on Friday, and the unemployment rate fell to 3.8 percent, from 3.9 percent in February. Expectations of a recession among experts, once widespread, are now increasingly rare. It was the 39th straight […]
10:02 a.m. ET, April 5, 2024 Most countries would love to have this economy. Why don’t Americans feel better about it? From CNN’s David Goldman A customer shops at a grocery store on February 13 in Chicago, Illinois. Scott Olson/Getty Images The US job market is on fire. With 39 straight months of job growth, […]
The US economy added more jobs than expected in March while the unemployment rate ticked lower, underscoring signs the labor market remains on stronger footing than many economists had predicted. Data from
April 5, 2024, 6:30 a.m. ET April 5, 2024, 6:30 a.m. ET Immigration has been robust over the past two years, creating a flood of potential workers that is both supercharging the job market and leading to surprises and quirks in closely watched economic data. The
(Bloomberg) — Global stocks were mixed as attention turned to US jobs data after Jerome Powell reaffirmed that the Federal Reserve will likely lower rates this year. Most Read from Bloomberg The Stoxx 600 index fluctuated, while US futures climbed and Asian gauges advanced. A measure for the dollar steadied after it saw its biggest […]
By Tom Westbrook SINGAPORE (Reuters) – The dollar was pinned beneath recent peaks on Thursday with traders taking remarks from Federal Reserve Chair Jerome Powell as reassuring on the likelihood of interest rate cuts this year while waiting for the latest U.S. labour market readout. An unexpected slowdown in U.S. services growth also supported cut […]
Charles Richardson, of Baltimore, wipes his eye while discussing his alleged abuse decades ago by a Catholic priest, in Baltimore on Wednesday, Sept. 20, 2023. Black victims have largely been invisible in the Catholic sexual abuse crisis. Richardson recently came forward after the state of Maryland removed the civil statute of […]
Pranay Karkale is spending years of savings and $60,000 in student loans to pursue a master’s degree in the United States, yet he considers himself lucky. At home in India, it’s common to hear about families selling off their land to send children to universities overseas. Karkale was willing to do whatever it took once […]