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.
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.
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."
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.
Senate to Begin Deliberations on Latest COVID-19 Relief Bill
The $1.9 trillion relief bill was passed by the House over the weekend.
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.”
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."
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."
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."
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.
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.”