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The Bureau of Labor Statistics released its August jobs report for nonfarm payroll employment. The national figure dropped to 8.4%. The number of unemployed people dropped 2.8 million to 13.6...
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The release of jobs data for August from the U.S. Bureau of Labor Statistics showed unemployment was 8.4% nationwide, another in a line of monthly improvements. The number of people out of work...
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Economists have traditionally used three letters to describe an economic recovery. A “V-shaped” one is a sharp decline in gross domestic product followed by a rapid recovery. The process takes a...
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The unemployment rate in July was 10.5%, an improvement from each of the two prior months. However, the figure is still above the worst single month of The Great Recession–October 2009. According...
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Some of the changes to Americans' work lives brought about by the COVID-19 pandemic have been popular. Others, not so much.
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Announced job cuts for the first eight months of this year surpass 2019's 12-month total for last year. Roughly 1.1 million of the cuts are related to the COVID-19 pandemic.
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Unemployment nationwide remains higher than any month during the Great Recession. Four cities have rates of more than twice the national average.
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A handful of cities in Utah and Idaho have employment rates less than what is considered full employment.
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The financial markets just got a small glimpse of what to expect from Friday's key U.S. Department of Labor report on unemployment and payrolls.
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Weekly jobless claims remain high, a sign the companies are cutting workers even as the headlines tout recovery. The layoff economy has returned with a vengeance.
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The economic disaster brought on by COVID1-19 has caused millions of people to lose their jobs. Unemployment nationwide was 10.2% in July, worse than any month in the Great Recession. In one state,...
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Unemployment in the United States will remain high for months, if not longer. Utah is fortunate to have a job market dominated by industries that are likely to continue to thrive.
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Car parts retailer AutoZone said Thursday that it plans to hire 20,000 people at its U.S. stores and distribution centers.
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The Bureau of Labor Statistics reported that initial jobless claims for the week of August 8 fell to less than a million.
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The American jobless rate saw a sharp improvement in July. However, one group fared much worse.
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