U.S. job openings dip to 9.6 million, lowest since 2021
The Labor Department’s Job Openings and Labor Turnover Summary, out Tuesday, showed that layoffs rose to 1.8 million, the highest level since December 2020.
Unemployment
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Black unemployment rate hits record low 5%
Black employment has benefited from the same forces that have helped all workers—a surge in labor market demand coming out of the pandemic fueled by federal stimulus, which has led to one of the fastest job recoveries on record.
U.S. adds 236,000 jobs; unemployment rate sinks to 3.5%
America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation.
U.S. jobless aid claims show weekly decline as layoffs remain low
The labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation.
Indiana’s unemployment rate unchanged in January
Indiana saw gains in the construction; leisure and hospitality; private educational and health services; trade, transportation and utilities; and professional and business service sectors.
U.S. adds robust 311,000 jobs despite Fed’s rate hikes
Nearly all of last month’s hiring occurred in services industries—from restaurants and hotels to retailers and health care companies.
Millions more U.S. workers possibly self-employed than thought
The survey adds to evidence that informal work has been increasingly prevalent in the U.S. economy, a trend further exacerbated by the pandemic, social media and remote work.
Facebook parent to cut thousands of jobs, after CEO predicted no more layoffs
The job eliminations arrive after CEO Mark Zuckerberg sought to reassure workers that he didn’t “anticipate more layoffs” after the company slashed 11,000 jobs—roughly 13 percent of its workforce—in November.
Fed’s Powell: Strong hiring could force further rate hikes
Jerome Powell’s remarks followed the government’s blockbuster report last week that employers added 517,000 jobs in January, nearly double December’s gain. The unemployment rate fell to its lowest level in 53 years, 3.4%.
U.S. filings for jobless aid lowest since April
The job market has withstood aggressive rate hikes by the Federal Reserve as the Fed attempts to cool the economy and bring down inflation.
U.S. filings for unemployment benefits hit four-month low
Employers are holding on to their workers despite the Federal Reserve’s efforts to slow the economy and tamp down inflation.
Weekly U.S. jobless claims climb modestly
About 1.67 million people were receiving jobless aid the week that ended Nov. 26, up 62,000 from the week before. That’s the most in 10 months, but still historically low.
U.S. added 263,000 jobs in November, a strong showing amid tech slowdown
The U.S. labor market showed little sign of slowing last month, maintaining a surprisingly robust pace despite a slowdown in the tech industry.
Applications for jobless benefits show weekly decline
Applications for unemployment benefits are a proxy for layoffs, and viewed with other employment data, shows that American workers are enjoying extraordinary job security at the moment, despite an economy with some glaring weaknesses.
Unemployment claims rise to 240,000, highest since August
The number of Americans applying for unemployment benefits rose last week to the highest level since August but still remains low by historic standards.
Indiana’s unemployment rate rises to 3%
Despite the rate’s increase, the state gained 6,900 private-sector jobs last month, the Indiana Department of Workforce Development reported.
U.S. jobs top forecasts, unemployment up in mixed picture for Fed
The report suggests demand for workers remains robust despite rapid interest-rate hikes and a darkening economic outlook. Layoffs, while rising, are still historically low, and competition to fill millions of vacant positions has driven rapid wage gains.
Weekly applications for U.S. jobless benefits fall slightly
All eyes will now turn to the Labor Department’s October jobs report Friday, the last peek at the state of the economy ahead of the midterm elections.
Indiana unemployment rate unchanged in September
September was the 12th consecutive month in which Indiana had an unemployment rate below 3%.
U.S. jobless claims rise by more-than-expected 219,000
The pickup in claims—if sustained—would suggest lackluster spending in various sectors and uncertainty about the economy’s prospects are prompting some businesses to lay off workers.