Unemployment

A "Help Wanted" sign is posted at a restaurant in Los Angeles on Feb. 2, 2023. U.S. employers added 311,000 jobs last month, a number that indicates the labor market remains fairly hot.

Economy

The job market slowed last month, but it's still too hot to ease inflation fears

12:00pm March 10, 2023

by Scott Horsley

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.

Queue Listen Now

Are we in a recession right now? Economists are divided.

Economy

Is the economy headed for recession or a soft landing?

7:01am February 17, 2023

by Stacey Vanek Smith

Are we in a recession? It seems like a straightforward question, but the data tells conflicting stories.

Queue Listen Now

A 'help wanted' sign is displayed in a window of a store in Manhattan, New York City, on Dec. 2, 2022. U.S. employers added an unexpectedly strong 517,000 jobs in January, showcasing the labor market is red-hot. The unemployment rate fell to its lowest level in more than half a century.

U.S. employers added 517,000 jobs last month. It's a surprisingly strong number

10:27am February 03, 2023

by Scott Horsley

U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.

A "Now Hiring" sign is displayed on a storefront in the Adams Morgan heighborhood in Washington, D.C., on Oct. 07, 2022 .

Economy

The U.S. job market is still healthy, but it's slowing down as recession fears mount

9:42am January 06, 2023

by Scott Horsley

U.S. employers added 223,000 jobs in December, as the unemployment rate dipped to 3.5%. Despite some high-profile layoff announcements, the overall job market remains tight.

Unemployment tends to rise in January, historically one of the busiest months for layoffs.

Economy

January is often a big month for layoffs. Here's what to do in a worst case scenario

3:24pm January 03, 2023

by Arezou Rezvani

From calling creditors to announcing your job loss on social media, a solid game plan can make a layoff sting a lot less.

Jday's inability to find work has stalled his life.

Tunisians are voting in an election critics say could cement a return to autocracy

10:05am December 17, 2022

In Tunisia, 12 years after the revolution, citizens are still asking, "How do you expect me to make a living?"

Queue Listen Now

A builder sands the body of a guitar at the Fender factory, in Corona, California, on October 6, 2022. Industries sensitive to rising interest rates have been slowing hiring.

The U.S. gained 263,000 jobs last month. It's good news for workers, but not the Fed

4:38pm December 02, 2022

by Scott Horsley

Hiring slowed slightly in November amid rising interest rates. But the U.S. job market remains unusually tight. Employers added 263,000 jobs in November while unemployment held steady at 3.7%.

Queue Listen Now

Workers attach siding to a house at a new home construction site in Trappe, Maryland, on October 28, 2022. Rising interest rates could mean slowing job growth in construction and manufacturing.

Economy

U.S. hiring cooled slightly in October. That could help to ease inflation

9:59am November 04, 2022

by Scott Horsley

Hiring slowed modestly in October, as employers added 261,000 jobs. That might take some of the upward pressure off inflation.

Queue Listen Now

Federal Reserve Chair Jerome Powell attends a meeting of the International Monetary and Financial Committee in Washington, DC, on Oct. 14. Powell announced another interest rate hike on Wednesday.

The Fed orders another jumbo interest rate hike. Many are wondering what's next

6:03pm November 02, 2022

by Scott Horsley

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

Queue Listen Now

Volodymyr Korchevsky (center) stands with his son Bohdan, 18, and wife, Hanna Korchevska, outside their temporary home in Lviv. The Korchevsky family left the middle-class life they'd built in Mariupol and now months later, jobs gone, savings depleted and unable to afford rent, they are living in what's essentially a short shipping container, sandwiched between others, in a Lviv city park.

Millions of Ukrainians have escaped the war. Many still can't find enough work

5:29pm November 01, 2022

Sixty percent of Ukrainians who fled their homes for other parts of the country have lost their jobs, as Russia's invasion has upended industries and destroyed businesses.

Queue Listen Now