China’s Youth Unemployment Crisis: 1 in 5 Are Out of Work
The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions Recession and Depression Unemployment United States Economy
U.S. employers added 253,000 jobs in April.
The unemployment rate fell to 3.4 percent as the labor market showed enduring strength.
Posted inFederal Reserve System Hiring and Promotion Labor and Jobs Labor Department (US) Layoffs and Job Reductions Shortages Unemployment United States Economy
Job Openings Slipped in March as Labor Market Continued Easing
The ratio of open jobs to available unemployed workers fell to the lowest level since October 2021.
Posted inBiden, Joseph R Jr Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Unemployment United States Economy Wages and Salaries
U.S. Job Growth Eases, but Extends Its Streak
Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a toll. The unemployment rate fell to 3.5 percent.