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While some economists are expecting the unemployment rate to fall to 3.8% in March, that prediction should be taken with a grain of salt — the forecast for the February unemployment rate was 3.7%.
The Labor Department's closely watched employment report on Friday also showed the unemployment rate rising to 3.9% from 3.8% in March amid rising labor supply. Financial markets boosted the odds of a
The unemployment rate was forecast to remain at 4.1%. ... Stocks slid Friday as the jobs report added to fears that the US economy is weakening. The Dow fell by more than 900 points, or 2%, in mid ...
Monetary policy: The Federal Reserve conducts monetary policy, adjusting interest rates to move the economy towards a full employment target of around a 5% unemployment rate and 2% inflation rate. The Federal Reserve has maintained near-zero interest rates since the 2007–2009 recession, in efforts to boost employment.
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
Previously, she made the case that the US economy was already in a recession despite continuing to grow in 2023 and 2024, pointing to continued weakness in the job market. Read the original ...
The BMI takes the sum of the inflation and unemployment rates, and adds to that the interest rate, plus (minus) the shortfall (surplus) between the actual and trend rate of GDP growth. In the late 2000s, Johns Hopkins economist Steve Hanke built upon Barro's misery index and began applying it to countries beyond the United States. His modified ...