Fed Officials See Unemployment Ticking Up in 2025, but at a Slower Pace
The median unemployment rate will rise to 4.3% in 2025, according to new estimates from the Federal Reserve’s latest Summary ...
U.S. Job Growth Rebounds
The labor market added 227,000 jobs, a big rebound from October, when storms in the Southeast and a major strike disrupted ...
Fed cuts interest rate for third time this year as economic uncertainty looms
The Federal Reserve announced a quarter-point cut to its key interest rate Wednesday, an effort to keep stable what appears ...
Unemployment rate jumps more than a percentage point for Black women in November
The overall labor force participation rate — a measure of the population employed or seeking work — edged lower to 62.5%.
Afro14d
November unemployment rises for African Americans, exceeding all employment groups
Unemployment rate for Black Americans spikes sharply, raising concerns for lasting economic recovery. Biden's statement highlights progress but acknowledges deeper work needed.