Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. The government shutdown means investors will go without their usual ...
The United States labor market slowed sharply over the summer, according to a recent jobs report from the U.S. Bureau of Labor Statistics. Employers added an average of about 35,000 jobs over three ...
An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...
Lately economists have been vigorously debating the health of America’s labour market. Some argue that the jobs market is weakening, portending a downturn and requiring further interest-rate cuts from ...
(The Center Square) – Last week’s jobs report wasn’t a “good” report, but it wasn’t a collapse either. Payrolls are still growing modestly, and the unemployment rate hasn’t spiked. Even so, the ...
With a young and fast-growing labor force, Africa records high participation rates. Understanding how working-age people engage in the labor market helps clarify their contribution to economic ...
Washington — Gary Cohn, IBM vice chair and former National Economic Council director in President Trump's first term, said Sunday that "we've seen the job market degrade," though he noted that it may ...
Economists warn that cracks have started to emerge in the U.S. labor market – including among the country's Black workforce. The unemployment rate for Black Americans hit 7.5% in July, up from 6.1% a ...
Mohamed El-Erian, Allianz Chief Economic Advisor, warned that the labor market poses the biggest risk to the U.S. economy, despite sticky inflation. The current “low hiring and low firing” environment ...
The U.S. job market cooled further in the past month, based on a raft of recently released reports. But there is no sign of a steep downturn that would suggest an imminent recession.
Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation. Analyzing county-level data from 1990 to 2024 shows that commuting flows may ...