In December 2024, the national, not seasonally adjusted construction unemployment rate was 5.2%, up 0.8% from December 2023, ...
U.S. employers added 143,000 jobs last month, somewhat fewer than forecast, while unemployment fell to 4 percent and hourly earnings rose.
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US job growth slowed more than expected in January, but a 4.0% unemployment rate probably will give the Federal Reserve cover ...
Unemployment varies over time, but it tends to peak during periods of recession and fall during periods of economic health, stability, and GDP growth. The graph below depicts the U.S. unemployment ...
Retail trade and government were also strong, adding more than 30,000 jobs apiece. The gains in health care were broadly in line with the growth rates from 2024. The jump in retail jobs was more ...
Those figures are higher than the drop in white unemployment, which declined by just 0.4 percentage points, as seen in the following chart: Even so, unemployment rates are still elevated for Black ...
Trends in unemployment are the result of underlying movements between those in employment, the unemployed and those who are not part of the labour force. This is visualised in the chart below. The ...
If economies kept expanding, would one expect to see unemployment disappear altogether? Actually this is not the case (see chart); even in the 2000s, when the global economy was prospering (at least ...
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