Jobless Rate news and trends

Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost
Economy // May 08, 2020

The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history. Nonfarm jobs fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent from a half-century low...

Looking Past Jobs And At Interest Rate Hikes (Sooner Rather Than Later?)
Consumer Finance // April 13, 2017

What to make of the jobs and wages data that, newly in the rearview mirror, are harbingers, or not, of things to come on the employment front? To recap, the March jobs report was glaring as a miss versus consensus, at a 98,000 gain, below...

Quick Reads
Jobless Rate Could Drop To 7 Pct By Year’s End, Fed’s Bullard Says

July 09, 2020
St. Louis Federal Reserve President James Bullard put in a vote of confidence for the U.S. economy on Wednesday (July 8), saying that the unemployment rate could fall as low as 7 percent by the end of 2020, according to CNBC. The unemployment rate is currently at 11.1 percent, a post-World War II high for […]

Jobless Rate Hits 14.7 Pct; 20.5M Nonfarm Jobs Lost

May 08, 2020
The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history. Nonfarm jobs fell by 20.5...

Looking Past Jobs And At Interest Rate Hikes (Sooner Rather Than Later?)

April 13, 2017
What to make of the jobs and wages data that, newly in the rearview mirror, are harbingers, or not, of things to come on the employment front? To recap, the...