Key developments – New data show that in the current sluggish hiring environment, people who lose their jobs are staying unemployed longer, with nearly four in ten exhausting their unemployment benefits before securing new employment. This trend highlights…
Continue reading Unemployment Benefits Run Out for 40% of Job Seekers as Hiring LagsA recent wave of reporting highlights that job seekers are now enduring longer periods of unemployment before securing new positions. One account notes that “people who are unemployed are taking longer to find new jobs” and often see…
Continue reading Unemployment Benefits Exhausted as Job Seekers Face Lengthening Gaps Between Layoffs and Re‑employmentKey developments: Recent data reveal a sharp slowdown in U.S. employment. June’s payroll gains were revised lower, and September saw only 29,000 new jobs—far below August’s 133,000—while several sectors, including financial services and government, posted declines. Unemployment edged…
Continue reading U.S. Job Growth Slows as Labor Market Shows Early Signs of CoolingKey developments: The latest labor reports show a pronounced slowdown in hiring. June’s job growth fell sharply, with revised payroll gains for May and June indicating a cooling labor market, and September added only 29,000 new jobs—far below…
Continue reading U.S. Job Growth Slows as June Hiring Drops Sharply and Labor Participation Hits 5‑Year Low
