unemployment Archives - CFO

U.S. Adds Only 199,000 Jobs in December

U.S. Adds Only 199,000 Jobs in December

Economists see low unemployment and high labor-force participation as signs of labor market strength heading into 2022.

By Matthew Heller | January 7, 2022

Jobs Market Storms Back With 531,000 Gain

Jobs Market Storms Back With 531,000 Gain

“This was a strong employment report that shows the resilience of the labor market recovery from the pandemic."

By Matthew Heller | November 5, 2021

U.S. Adds Only 194,000 Jobs in September

U.S. Adds Only 194,000 Jobs in September

“Employment is slowing when it should be picking up because we’re still on the course set by the virus."

By Matthew Heller | October 8, 2021

Workers Feeling More Hopeful About Jobs

Workers Feeling More Hopeful About Jobs

The NY Fed says the proportion of individuals who reported searching for a job in the past four weeks increased to 24.0% from 19.6% in July 2020.

By Matthew Heller | September 7, 2021

U.S. Economy Adds Only 266,000 Jobs in April

U.S. Economy Adds Only 266,000 Jobs in April

“It turns out it’s easier to put an economy into a coma than wake it up," one economist says.

By Matthew Heller | May 7, 2021

Jobs Market Continues Surge With 916,000 Gain

Jobs Market Continues Surge With 916,000 Gain

With government relief checks and the accelerating vaccine rollout, "there is finally real light at the end of the tunnel."

By Matthew Heller | April 5, 2021

Pre-Pandemic Job Levels Not Happening Until 2023: Economists

Pre-Pandemic Job Levels Not Happening Until 2023: Economists

Still, 82% of NABE panelists forecast real U.S. GDP would return to pre-pandemic recession levels sometime this year.

By Vincent Ryan | March 22, 2021

Senate to Begin Deliberations on Latest COVID-19 Relief Bill

Risk & Compliance

Senate to Begin Deliberations on Latest COVID-19 Relief Bill

The $1.9 trillion relief bill was passed by the House over the weekend.

By Lauren Muskett | March 1, 2021

Unemployment Claims Jump

Unemployment Claims Jump

“This reminds us that the economic crisis has not gone away, far from it, at a time when multiple crises have been vying for our attention.”

By Lauren Muskett | January 14, 2021

U.S. Loses 140,000 Jobs Amid New Lockdowns

U.S. Loses 140,000 Jobs Amid New Lockdowns

The December jobs report shows "the economy’s not just tapping on the brakes, but actually has been thrown into reverse."

By Matthew Heller | January 8, 2021

U.S. Employers Add 638,000 Jobs in October

U.S. Employers Add 638,000 Jobs in October

“We're only half dug out of our hole, and each month's pace of jobs growth has been slower than the last since July."

By Matthew Heller | November 6, 2020

U.S. Job Gains Slow to 661,000 in September

U.S. Job Gains Slow to 661,000 in September

“The pace of jobs recovery apparent in today’s report suggests that we will be counting the employment recovery in years, not months or quarters."

By Matthew Heller | October 2, 2020

Fed Survey: Household Finances Improve, Uncertainty Remains

Fed Survey: Household Finances Improve, Uncertainty Remains

Overall, at least 77% of adults said they were at least “doing OK” in July, up from 72% in April.

By Lauren Muskett | September 22, 2020

Unemployment Dips to 8.4%, Job Gains Slow

Unemployment Dips to 8.4%, Job Gains Slow

The slowing job growth is “a warning that the recovery could go into reverse this fall without further government support.”

By Matthew Heller | September 7, 2020

U.S. Job Gains Slow to 1.8M in July

U.S. Job Gains Slow to 1.8M in July

"The downturn was so big — the hole that was dug was so deep — that it will still take probably at least a couple of years to dig ourselves out."

By Matthew Heller | August 7, 2020