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The unemployment rate is at a modest 4.2%, though that is up from a half century low 3.4% reached in 2023. ... the Fed went ahead and cut its benchmark interest rate for the third time in 2024 ...
On May 8, 2020, the Bureau of Labor Statistics reported that 20.5 million nonfarm jobs were lost and the unemployment rate rose to 14.7 percent in April, due to the Coronavirus pandemic in the United States.
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 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 ...
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.
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 ...
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. Nonetheless, the jobless rate ...
The February jobs report provides an update on the resiliency of the labor market ahead of the Federal Reserve's next policy decision on March 20. February jobs report: US economy adds 275,000 ...