Lower Immigration Is Contributing to Labor Market Slowdown, Powell Says

There are many reasons for the cooling labor market, including broader uncertainty about tariffs and the state of the U.S. economy. But another “good part” of the slowdown reflects a decline in the ... Read More

Powell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’

"There’s very little growth, if any, in the supply of workers. And at the same time, demand for workers has also come down quite sharply," the Fed chair said. Read More

America’s job market flashes yet another warning sign about the economy

The US economy added just 22,000 jobs in August and the unemployment rate rose to 4.3%, the highest since 2021. Read More

US economy braces for twin housing, labor market headwinds

The U.S. labor market appears to be deteriorating rapidly just as the country's housing market is also creaking, two negative forces that risk feeding off each other and smothering economic growth. Read More

New data shows the US job market was much weaker than thought in 2024, and this year as well

The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the U.S. economy. Read More

How a Historic Immigration Drop Is Changing the Job Market

In January, WSJ explored how President Trump’s immigration plans would upend the U.S. agriculture industry. Photo: Carlos Barria/Reuters/Etienne Laurent/AFP/Getty Images Last week, Federal Reserve ... Read More

Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot

Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its ... Read More

The U.S. job market is flashing a warning sign you shouldn’t ignore

A surprise revision wiped out June’s job gains, revealing a net loss of 13,000 positions as unemployment hit its highest level since 2017. Read More

These charts show why the US job market is struggling in the 2nd half of the year

Job growth has slowed sharply over the last five months. Tariffs and immigration policy are among factors that have weighed on the labor market. Read More

We're entering a "new normal" in the job market, says Lightcast senior economist

The U.S. labor market is entering a "new normal." With it, the U.S. economy will likely wave goodbye to the days of six-figure payroll reports, 3% unemployment, and 10+ million job openings. In ... Read More