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labor market

US jobless claims drop after hitting 4-year high
Sep 18, 2025

US jobless claims drop after hitting 4-year high

U.S. jobless claims fell by 33,000 to 231,000 after spiking to a nearly 4-year high, as weak labor data drives Fed interest rate cuts.

Federal Reserve cuts key rate for first time this year
Sep 17, 2025

Federal Reserve cuts key rate for first time this year

WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and it lowered its short-term rate […]

New data shows the US job market was much weaker than thought in 2024, and this year as well
Sep 9, 2025

New data shows the US job market was much weaker than thought in 2024, and this year as well

WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. The department issues the so-called benchmark revisions every year. […]

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Sep 8, 2025

Fed’s Fifth District sees modest growth

The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.

Hiring stalls with US companies reluctant to expand in an uncertain economic landscape
Sep 5, 2025

Hiring stalls with US companies reluctant to expand in an uncertain economic landscape

Employers added 22,000 jobs in August, down from 79,000 in July, as the unemployment rate rose to 4.3% amid Trump policy uncertainty.

US job openings slip in July, adding to evidence that the American labor market is cooling
Sep 3, 2025

US job openings slip in July, adding to evidence that the American labor market is cooling

Job openings slipped to 7.2M in July, down from 7.4M in June, signaling a cooling labor market as layoffs rose and quits held steady.

OurView: Will AI spell lights out for white-collar workers?
Sep 1, 2025

OurView: Will AI spell lights out for white-collar workers?

Perhaps the greatest symbol of tech companies’ uncanny valley visions for the AI-powered future are dark factories — also called lights-out factories, these AI-managed manufacturing plants are so fully automated that machines perform their work in full or near darkness 24 hours a day, seven days a week, without breaks — and largely without humans. […]

Help wanted sign is displayed at a live music and blues club in Chicago, Thursday, July 24, 2025. (AP Photo/Nam Y. Huh
Aug 1, 2025

US employers slash hiring as Trump advances a punishing trade agenda

U.S. job growth slows as Trump’s tariffs shake business confidence. Unemployment ticks up, job revisions drop sharply, and markets react.

Jobless claims fall to 3-month low, defying tariff fears
Jul 17, 2025

Jobless claims fall to 3-month low, defying tariff fears

WASHINGTON (AP) — The number of Americans filing for unemployment benefits fell last week to the lowest level in three months, a sign that the U.S. labor market remains sturdy despite fears over the impact of widespread U.S. tariffs. The Labor Department reported Thursday that jobless claims for the week ending July 12 fell by […]

The US labor market continues to surprise and the unemployment rate, against the odds, is falling
Jul 3, 2025

The US labor market continues to surprise and the unemployment rate, against the odds, is falling

U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump‘s economic policies. The unemployment rate ticked down to 4.1% from 4.2% in May, the Labor Department said Thursday. Hiring rose modestly from a revised 144,000 in May and beat economists expectations of fewer […]

US job openings in May hit 7.8 million in a continuing display of labor market resilience
Jul 1, 2025

US job openings in May hit 7.8 million in a continuing display of labor market resilience

WASHINGTON (AP) — U.S. job openings rose unexpectedly in May, a sign that the American labor market remains resilien t in the face of high borrowing costs and uncertainty over U.S. economic policy. U.S. employers posted 7.8 million vacancies in May, the Labor Department reported Tuesday, up from 7.4 million in April. Economists had expected a slight […]

US unemployment ticked down, hovering at historically low levels
Jun 18, 2025

US unemployment ticked down, hovering at historically low levels

WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. U.S. jobless claims ticked down from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000. The four-week average of claims, which smooths out […]

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