Economists have viewed the U.S. labor market as resilient in recent months, but some warn that cracks have started to emerge – including among the country's Black workforce. The unemployment rate for ...
Troubling and unusual unemployment numbers for Black Americans are signaling that the U.S. is on its way to a potential recession, economists tell TPM. The latest jobs report from the Bureau of Labor ...
The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data underlying the unemployment rate can help in assessing which labor market ...
In July, the US unemployment rate fell 0.1% from the month before to 3.9%. The number of unemployed individuals fell by 284,000 to 6.280 million. Many commentators have expressed satisfaction with the ...
Okun’s Law represents an empirical relationship between changes in an economy’s output and fluctuations in unemployment. Initially formulated in the early 1960s, the law posits that variations in ...