A weakening U.S. labor market is a risk for both the U.S. economy and markets right now. But the most closely watched numbers — the rate of new jobs created, and the official unemployment rate — don’t ...

Losing your job is rarely good. Not being able to find one for months can be disastrous for individuals, and bad for society as well. Yet during the recent recession and the current anemic recovery, ...

As you have probably noticed, the United States’ job market remains very weak even though most economists agree that the longest and deepest recession in more than six decades has likely come to an ...

Higher inflation does not mean lower unemployment. Many assertions about monetary policy are based on the Phillips Curve, illustrated in the following chart, that posits a particular relationship ...

Should you be worried about a recession?

Following this morning's payrolls report, here is a look at how unemployment has trended in recent years. The rate hit a trough of 3.4% early last year, the lowest in more than half a century. Since ...

Job growth has slowed sharply over the last five months. Tariffs and immigration policy are among factors that have weighed on the labor market.

Axios Visuals The U.S. labor market looks to be in a precarious balance, in solid shape for the moment but vulnerable to a rapid worsening. The big picture: That's the implication of the chart above, ...

Chart 2 shows the Romer-Bernstein projections of what would have happened if the stimulus had not passed, but as in Chart 1, those projections were shifted up to reflect a higher starting unemployment ...

This chart tracks the unemployment rate since 2021. In recent months this measure has hit lows last seen in the late 1960s. And this one shows changes in hourly and weekly earnings, along with the ...

As we head into the end of the year, we see that 2024 turned out to be a pretty good year for many economies, especially the U.S. Recessions were mostly avoided, inflation returned to around 2% and ...