Aug 02 Watch 5:28 Economist says Federal Reserve too slow to cut interest rates and weakening the economy By Geoff Bennett, Azhar Merchant The U.S. labor market slowed down in July and looked weaker than expected, creating 114,000 new jobs. The unemployment rate also ticked up to 4.3 percent. It's raising questions about whether the Federal Reserve has waited too long to cut… Continue watching
Jul 16 5 killed in Bangladesh and dozens injured after violent clashes over government jobs quota plan By Julhas Alam, Associated Press Protesters have been demanding an end to a quota reserved for family members of veterans who fought in Bangladesh's war of independence in 1971, which allows them to take up 30% of governmental jobs. Continue reading
Jul 05 Watch 6:28 Jobs report exceeds expectations but unemployment rise signals cooling labor market By Amna Nawaz, Courtney Norris, Murrey Jacobson The U.S. Economy added more jobs than expected last month, the 42nd consecutive month of job growth. But unemployment inched up to 4.1 percent and there were other signs of a cooling labor market. For a deeper look at what… Continue watching
Jul 03 U.S. continuing jobless claims rise for 9th straight week, though unemployment stays historically low By Matt Ott, Associated Press Analysts say that continuing claims rise because many of those who are already unemployed may now be having a harder time finding new work. Continue reading
Feb 02 January hiring gains surprisingly robust By Paul Wiseman, Associated Press The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades. Continue reading
Dec 21 Watch 7:47 The historic struggle between workers and the technology that could put them out of a job By Paul Solman, Diane Lincoln Estes The last year has seen headlines of hope and outright fear around the rapid development of artificial intelligence. It creates questions about whether the innovations can lead to broad gains for everyone or just a select few. Economics correspondent Paul… Continue watching
Oct 06 WATCH: Biden delivers remarks on jobs after employers hire 336,000 new positions By Associated Press President Joe Biden hailed the 336,000 jobs added in September, an unexpectedly robust gain that suggests that many companies remain confident enough to keep hiring. Continue reading
Sep 20 Watch 9:27 Occupational licensing hurts job prospects for people with criminal records By Cat Wise, Sam Weber Being employed has proven to reduce the chances that people who have recently left prison will reoffend. But for many, jobs that require a state license or certificate can be difficult or even impossible to obtain, even as dozens of… Continue watching
Aug 07 Watch 7:15 Future of freight in question after trucking company Yellow files for bankruptcy By Lisa Desjardins, Courtney Norris, Dorothy Hastings Yellow, one of the nation’s largest freight and trucking companies, announced it is shutting down, leading to one of the largest mass layoffs in recent history and potential shipping cost increases. The company is in bankruptcy just three years after… Continue watching
Aug 04 Watch 4:20 Jobs report falls short of expectations but signals recession might be avoided By Geoff Bennett, Courtney Norris The U.S. economy added 187,000 jobs in July, slightly fewer than expected but still a sign of a resilient job market. The report also shows the unemployment rate dipped to 3.5 percent. This comes after several encouraging reports in the… Continue watching