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Posts Tagged: “long-term unemployment“
BLS: Payrolls Crater in Latest Jobs Report
The U.S. labor market took an unexpected step backward in February, shedding 92,000 non-farm payroll jobs after a modest 126,000 gain in January, according to Friday’s Employment Situation release. Headline unemployment barely budged at 4.4 percent, yet 7.6 million Americans remain officially out of work and an increasing share of them are looking for jobs […]
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Jobs Stall: July Payroll Gain Just 73K
The summer labor market is losing momentum. The Bureau of Labor Statistics (BLS) said Friday that non-farm payrolls grew by only 73,000 in July, barely budging overall employment since April and capping two straight months of sharp downward revisions. The headline unemployment rate stayed at 4.2 percent—on paper a healthy figure—yet a closer look shows […]
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