China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
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China’s economy barely grew in the second quarter from the first and youth unemployment hit a record high in June,...
The high-profile payroll survey could be overestimating job growth because of quirks in how the data are calculated. Source link
The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May. The unemployment rate...
Employers reported a seasonally adjusted 10.1 million job openings in April, up from a revised 9.7 million in March. Source...
Many economists say the problem reflects a jobs mismatch that could defy government solutions for years. Source link
China’s youth unemployment rate rose above 20% for the first time since Beijing began tracking the data five years ago....
Hiring picked up as employers added 253,000 jobs last month. The unemployment rate fell to 3.4%. Source link
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U.S. hiring slightly cooled in March as employers added 236,000 workers. The unemployment rate fell to 3.5%. Source link
The number of job openings fell below 10 million for the first time in nearly two years, a sign that...
Worker filings for unemployment benefits rose to a seasonally adjusted 198,000 last week but were still historically low, showing that...
EconomyOfficials are weighing whether to raise the benchmark federal-funds rate by a quarter-point or a half-point Source link
By Sarah Chaney Cambon and Ray A. SmithFeb. 9, 2023 8:01 am ETListen to article(2 minutes)Interest rates are rising, inflation...
EconomyEconomy Week AheadFed Chairman Jerome Powell to speak at an event in Washington Source link
EconomyU.S. EconomyOfficials seeking to fight inflation could face tricky decisions if wage growth slows and hiring stays strong Source link
EconomyU.S. EconomyU.S. added 517,000 jobs in January, snapping five-month string of slowing employment growth Source link
In December, 826,000 unemployed workers had been out of a job for about 3½ to 6 months, up from 526,000...
Employers added 223,000 jobs in December, the smallest gain in two years Source link