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 ...
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 ...
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.
International Monetary Fund8d
Unemployment: The Curse of Joblessness
For example, the relatively high rate of unemployment in Europe compared with the United States is in part attributed to Europe’s stronger unions and stricter labor regulations (see Chart 2). These ...