The Latest Breaking News from Unemployment

At 3.5% the unemployment rate remains near its lowest since the mid-1970s

New labour market data shows the jobless rate holding at 3.5 per cent, with 53,000 jobs added to the economy.

The unemployment rate remains steady at 3.5 per cent, with the creation of an estimated 53,000 jobs in March.

Workers are still in short supply and the labour market is unlikely to reveal signs of loosening as the effects of inflation work through the economy.

“What you're not saying to your child is, ‘This is my fault, and ‘I did something wrong.’”

Following a change in seasonal adjustment calculations, the U.S. Department of Labor on April 6 revised its figure for new applications for U.S. unemployment insurance benefits for the week ending March 25 (the week before the changes were announced) from 198,000 to 246,000—an increase of about 24%. The four-week moving…

Don't believe what you read about sanctions against Russia being ineffective, says Vladimir Milov. He believes they are weakening Putin's grip on power.

Goldman’s David Mericle sees “encouraging news about the prospects for achieving the gentle rebalancing of the labor market needed for a soft landing.”

President Joe Biden keeps seeing good economic news and bad public approval ratings

U.S. payrolls rose at a firm pace last month with the unemployment rate dropping again near record lows, paving the way for the Federal Reserve to increase interest rates at its next meeting.

What you need to know… On Friday the Labor Department reported March nonfarm payrolls, which showed that the U.S. economy added 236,000 jobs, which was near the 238,000 expectation. The unemployment rate ticked lower to 3.5% from 3.6%. The U.S. stock markets were closed on Friday in honor of the...