U.S. Labor Market Shows Good Progress For This Week

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Last week, the weekly jobless claims dropped as the U.S. jobs market climbed to a 52-year low level reported by the Labor Department. For the week ending Dec. 4, the initial filings for unemployment insurance are 184,000, which is closeContinue Reading

U.S Labor Market Far From Pre-Pandemic Level

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In October the U.S. added 531,000 jobs and became the best month in the labor market. According to data released by the Labor Department, these new job gains were greater than the 450,000 new jobs predicted by economists. Even withContinue Reading

The Labor Market In America Requires More Support

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Last updated on May 12th, 2021 at 12:08 pmNeel Kashkari, president of the Federal Reserve Bank of Minneapolis, said that the April jobs report highlights how far the US has to go in reviving its labor market. Economists are shockedContinue Reading