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Jobs report

Black unemployment is at a record low, but tight financial conditions could change that

by Kai Ryssdal and Sean McHenry
May 30, 2023
Black men made gains in warehousing and transportation, which tend to offer low wages. A recession could hit workers of color hard, economist Michelle Holder says
The transportation and warehousing sector, where Black men are well-represented, has expanded swiftly since the 2020 downturn. Economist Michelle Holder warns that the next recession could hit workers of color hard.
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The insurance industry is hiring

by Stephanie Hughes
May 5, 2023
Insurance is a growing field right now. Severe weather and widespread worry are among the reasons.
Adverse weather is one reason the insurance industry is booming. For instance, insurers need adjusters to examine the damage caused by floods and tornadoes.
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Race and Economy

Why federal government data under-represent Native Americans

by Savannah Maher
Apr 7, 2023
One of the reasons revolves around issues of racial classification on official documents like the Census.
Complexities with racial categorization on official documents like the Census make it difficult to accurately represent the number of people in Native groups.
Justin Sullivan/Getty Images
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February's rising unemployment rate is actually a positive sign, economists say

by Lily Jamali
Mar 10, 2023
Growth in the number of people looking for work means the unemployment rate is rising for the right reasons, one economist says.
"People think this is a good time to be searching for a job," said Gus Faucher of PNC Financial Services Group.
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If it's the first Friday of the month, there must be a jobs report, right? Wrong.

by Mitchell Hartman
Mar 3, 2023
A rule that makes the underlying data more consistent has delayed February's report by a week.
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I've Always Wondered ...

What the monthly jobs report can — and can’t — tell us about the labor market

by Janet Nguyen
Mar 3, 2023
There are ways to figure out the quality of jobs that are being added to the economy.
We can glean how well paid some jobs are by looking at industry data in the monthly jobs report.
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Jobless claims remain historically low amid Fed's efforts to slow wage growth

by Lily Jamali
Feb 9, 2023
What does this mean for their anti-inflation strategy?
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on Feb. 1, 2023 in Washington, DC.
Kevin Dietsch / Getty Images
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The global economy proves stronger than expected, which is good news for the U.S.

by Mitchell Hartman
Feb 6, 2023
Europe's having a pretty good winter, and other parts of the world aren't doing too badly, either.
The global economy slowed markedly in 2022, and it's expected to weaken further this year. But some patches of the globe are performing better than expected.
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Wage growth slowed in December, pleasing inflation hawks

by Mitchell Hartman
Jan 6, 2023
Earnings have been rising quickly, but the cooler data may restrain the Federal Reserve's rate-hike campaign.
While workers have seen significant pay gains in the past year, real wages are down as a result of inflation.
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According to at least one statistic, the job market seems to be cooling

by Justin Ho
Dec 5, 2022
It's called the diffusion index.
A 'now hiring' sign is displayed in a window of a store in Manhattan on December 02, 2022 in New York City.
Spencer Platt/Getty Images
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