In developing economies, however, many young people cannot afford prolonged unemployment and instead take insecure work. Nearly nine in 10 young workers in low-
Unemployment
Fed rate hikes likely even with weakening jobs outlook
While inflation has been too high, the labor market has provided some leeway for the Fed to keep rates higher or maybe even hike.
July’s jobs report fell by 23,000 — and hid a deeper story about who’s leaving the workforce
U.S. payrolls fell 23,000 in July as Hispanic, teen unemployment dropped — but a shrinking labor force drove the decline, not more hiring.
Five Takeaways from the July Jobs Report
The loss of 23,000 jobs in July caught many of us by surprise, but the downward revisions to the prior two months’ data was
July jobs report reveals unexpected loss of 23,000 jobs, missing economists’ forecasts
Friday’s jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Report reveals most Australians don’t feel secure in their jobs
The uncertainty felt by many Australians over job security comes with risks, according to the report, particularly on productivity and retention. ADP reported that
How Weak Jobs Report Could Offer Unexpected Mortgage Boost For Thousands
A weak jobs report could make widely expected Fed’s rate hikes less likely, to the benefit of would-be buyers—but at a cost.
Veterans unemployment stable despite job market cratering in July, report shows
A volatile month of July saw employers shed 23,000 jobs and lay off another 153,000, but the unemployment rate for veterans appeared to stabilize.
Why stocks jumped after a dismal July jobs report
A weaker job market means the Fed might not have to rush to hike rates, but it also paints a poor picture of the
July jobs report: Unemployment rate ticks down despite surprise job losses
A surprise drop in the number of jobs in July still didn’t raise the unemployment rate.The economy lost 23,000 jobs in July, the Bureau