Dec. hiring slows to 50,000 jobs
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The U.S. labor market wrapped up the year with an unemployment rate of 4.4% in December, the BLS reported Tuesday. Economists had expected that unemployment dipped to 4.5% in December—a result that would likely prompt the Fed to keep rates steady at its Jan.
Cyclical unemployment is unemployment driven by the business or economic cycle. It can be important for investors to understand. Read on to learn more.
US employers added fewer jobs than expected in December, capping a yearlong slowdown in the labor market defined by cautious hiring and limited layoffs.
Montana’s unemployment rate rose to 3.3% in November, but the state has continued its record of over four consecutive years with unemployment at or below 3.4%.
Michigan’s unemployment rate once again dropped, but still remains one of the highest nationally. That comes as the national unemployment increased over the same period, from September to November.
Timothy McQuiston, Vermont Business Magazine Vermont initial weekly unemployment claims fell last week following the usual volatile labor activity at the end of holiday season. For the week ending January 3,
Washington saw a slight increase in unemployment rates, with November's rate at 4.6%. Idaho's rate remained at 3.7%, the same as September's report.