Economy News Us Economy News Today Unemployment Rate Showing Signs Of Slowdown

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure ... Read More

No unemployment rate for October? Key economic reports to be canceled, delayed and damaged by historic shutdown.

It appears that critical information on U.S. inflation, jobs and unemployment for October may disappear in a data “black hole,” as Trump administration officials say some key economic figures for the ... Read More

Unemployment hits post pandemic high of 5% as economy slows

Unemployment hits post pandemic high of 5% as economy slows - Grim landmark makes a December interest rate cut from the Bank of England a near certainty ... Read More

US unemployment rate rounds up to 4.4% in October, Chicago Fed estimates

The U.S. jobless rate likely edged up in October to the highest in four years as the hiring rate for unemployed workers slowed and the rate of layoffs and other job separations increased, according to ... Read More

US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety

U.S. consumer sentiment slumped to near a 3-1/2-year low in early November as households across the political spectrum worried about the economic fallout from the longest government shutdown in ... Read More

‘Jenga tower’ economy teeters as middle class pulls back spending

This dichotomy between the haves and have-nots isn’t new, but the economic strain is now bleeding from the lowest earners to the middle class, creating an even starker divide that some economists say ... Read More