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(The Center Square) – Illinois employers are bracing for minimum-wage hikes, which may lead to more job cuts around the state. Illinois’ minimum wage is rising from $14 per hour to $15 on Jan ...
The U.S. unemployment rate rose by one-tenth of a percentage point from its April rate to 4.0%. The labor force reached a record high at 6,605,000 — total nonfarm jobs set a record high for the ...
Since the pandemic, Illinois ranks 47th in the country in job growth and last among all neighboring states in job growth rate with only 1,200 more jobs than were available in January 2020, making ...
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.
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on ...
Mar. 8—WILKES-BARRE — Pennsylvania's total non-farm jobs were up 14,800 over the month to a record high of 6,129,900 — the sixth consecutive record high for Pennsylvania's jobs count. Jobs ...
At full employment the unemployment rate will be positive because of the inevitable presence of frictional unemployment. The frictions in the labor market are sometimes illustrated graphically with a Beveridge curve , a downward-sloping, convex curve that shows a fixed relationship between the unemployment rate on one axis and the vacancy rate ...
Sep. 20—WILKES-BARRE — For the 11th consecutive month, Pennsylvania's unemployment rate in August remained unchanged over the month at 3.4%. The rate remained well under the U.S. unemployment ...