labor market

The labor market, which had shown remarkable resilience for Black workers, is now experiencing a significant shift. After years of steady gains, Black unemployment is surging once more, and experts warn that this time, the situation is distinct from previous downturns. A combination of federal layoffs and the erosion of...

In a recent statement, John Williams, president of the Federal Reserve Bank of New York, expressed his growing concern over the weakening labor market. According to Williams, the current economic data suggests that the labor market is experiencing a slowdown, which could potentially have far-reaching implications for the overall economy....

As the government shutdown continues to cast a long shadow over the nation's capital, policymakers and economists are facing an unprecedented challenge: a jobs report that won't be. For the first time in decades, the Labor Department will not release its monthly employment data, leaving experts to speculate about the...