US weekly jobless claims reverse prior surge, labor market still softening

The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump, but the labor market has softened as both the demand for and supply of ... Read More

The US now has more unemployed workers than job openings for the 1st time since April 2021 — why this single ‘turning point’ signals trouble ahead

The U.S. economy, already plagued by tariff uncertainty and inflation concerns, received a “jolt” of bad news just days after Labor Day. For the first time since the pandemic era, the monthly Job ... Read More

Job growth stalls: US economy added just 22,000 jobs in August and unemployment rose to highest level since 2021

Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing stagnant. The economy added just 22,000 jobs ... Read More

US unemployment rate near 4-year high as labor market hits stall speed

U.S. job growth weakened sharply in August and the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market conditions were softening and sealing the case for a ... Read More

Veterans Maintain Low Unemployment Rates Despite Hiring Slowdown in Weakening Economy

Veterans maintained a remarkably low unemployment rate in a cooling economy Friday in the first monthly jobs report since President Donald Trump fired the Bureau of Labor Statistics commissioner over ... Read More

Jobs warning bell gets louder as layoffs increase, hiring keeps falling

Job cuts in August soared to the highest level since the pandemic as government cost-cutting, rising inflation and economic uncertainty pushed employers to keep reducing staff. No reinforcements are ... Read More

US Job Growth Slows Sharply in August, Unemployment Rate Ticks Higher

NEW YORK (Reuters) -The pace of U.S. job growth slowed more than expected in August, and the unemployment rate increased, pointing to signs of slowing labor market conditions and boosting expectations ... Read More