Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed in its quest to tame rapid inflation without causing unemployment to rise […]
Unemployment
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Back to news homeJanuary 2022 Jobs Report: Strong Gains Show Resilient Economy
A record-setting spike in coronavirus cases kept millions of workers at home in January and disrupted businesses from coast to coast. But it couldn’t knock the U.S. job-market recovery off […]
Why the January Jobs Report May Disappoint, and Is Sure to Perplex
The January jobs report is arriving at a critical time for the U.S. economy. Inflation is rising. The pandemic is still taking a toll. And the Federal Reserve is trying […]
Omicron’s Economic Toll: Missing Workers, More Uncertainty and Higher Inflation (Maybe)
Covid-related absences are creating headaches for businesses that were struggling to hire workers even before Omicron. Restaurants and retail stores have cut back hours. Broadway shows called off performances. Airlines […]
December Jobs Report: U.S. Added 199,000 Jobs
“We’re all sort of at the whims of these variants and surges in cases, and it’s hard to know when they might strike,” said Nick Bunker, director of economic research […]
As Beijing Takes Control, Chinese Tech Companies Lose Jobs and Hope
The video platform that laid off Mr. Zhao, iQiyi, had an abysmal quarter, losing about $268 million. Its share prices fell by 85 percent from its high in 2021, reflecting […]
Job Openings Report Shows Record Number of Workers Quit in November
There are signs that the worst of the turbulence was beginning to ease late last year. The number of job openings posted by employers fell in November, the Labor Department […]
More Workers Quit Than Ever in November as U.S. Job Openings Remain Near a Record.
A record number of Americans quit their jobs in November, even as employers found it slightly easier to fill their open positions.More than 4.5 million people voluntarily left their jobs […]
Lingering Virus, Lasting Inflation: A Fed Official Explains Her Pivot
SAN FRANCISCO — Mary C. Daly was in line behind a woman in her neighborhood Walgreens in Oakland, Calif., this fall when she witnessed an upsetting consequence of inflation. The […]
Jobless for a Year? Employment Gaps Might Be Less of a Problem Now.
Some employers regard applicants with long periods of unemployment unfavorably, research shows — even if many are reluctant to admit it.The Status of U.S. JobsThe pandemic continues to impact the […]