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labor market

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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Jun 6, 2025

Fed’s Fifth District expands slightly amid uncertainty

The Fifth District economy saw mild growth, with mixed hiring, rising import costs, and steady consumer spending despite economic uncertainty.

FILE - A hiring sign is displayed at a grocery store in Northbrook, Ill., Tuesday, Jan. 21, 2025. (AP Photo/Nam Y. Huh)
Jun 5, 2025

The number of Americans filing for jobless benefits last week rises to highest level in eight months

Unemployment claims rose to 247,000, an 8-month high, as tariff uncertainty and corporate job cuts weigh on the U.S. labor market and economic outlook.

U.S. adds 177K jobs despite trade war, hiring slows
May 2, 2025

U.S. adds 177K jobs despite trade war, hiring slows

U.S. employers added 177,000 jobs in April, beating expectations. Labor market remains resilient despite trade wars, tariffs, and federal job cuts.

FILE - A hiring sign is displayed at a retail store in Buffalo Grove, Ill., Wednesday, Nov. 6, 2024. (AP Photo/Nam Y. Huh, File)
Mar 20, 2025

Applications for jobless benefits inch up, but layoffs remain low, labor market healthy

Slightly more Americans applied for unemployment benefits last week, but layoffs remain historically low. U.S. jobless claims filings rose by 2,000 to 223,000 for the week ending March 15, the Labor Department said Thursday. That’s just less than the 224,000 new applications analysts forecast. Weekly applications for jobless benefits are considered a proxy for layoffs, […]

Fifth District economy has moderate growth, Fed says
Jun 3, 2024

Fed’s Fifth District shows modest economic growth

The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew modestly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released May 29. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions […]

Fifth District economy has moderate growth, Fed says
Mar 12, 2024

Fed’s Fifth District economy stays the course

Economic activity in the Federal Reserve‘s Fifth District was little changed in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released March 6. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions gathered from the nation’s 12 Federal Reserve Banks. It is compiled from […]

Fifth District economy has moderate growth, Fed says
Jan 18, 2024

Fed’s Fifth District economy sees mild expansion

Economic activity in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) expanded mildly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions[...]

Fifth District economy has moderate growth, Fed says
Nov 30, 2023

Fed’s Fifth District economy grows slightly

The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions [&hellip[...]

Fifth District economy has moderate growth, Fed says
Oct 19, 2023

Fed’s Fifth District economy shrinks slightly

The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) contracted slightly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions g[...]

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