by Jacob Musselman | Dec 16, 2025 | Industry News
The unemployment rate rose to its four-year high of 4.6%, up from 4.4% year over year, according to the Bureau of Labor Statistics. Positively, employers added 64,000 jobs in November. Household survey data for October 2025 were not collected due to the federal...
by Annie Dameworth | Sep 18, 2025 | Industry News
The Federal Reserve reduced interest rates for the first time since December amid the risk of rising unemployment, and announced more cuts would follow in response to the declining labor market. Interest rates decreased by a quarter of a percentage point, from the...
by Annie Dameworth | Jun 6, 2025 | Industry News
Job growth in the U.S. moderated in May despite ongoing economic and policy uncertainty, with the unemployment rate remaining at 4.2%, according to an analysis by the National Association of Home Builder’s (NAHB) Eye on Housing. Over the past 12 months, average hourly...
by Jacob Musselman | Jan 5, 2024 | Industry News
Total payroll employment increased by 216,000 in December, according to the U.S. Bureau of Labor Statistics (BLS). Unemployment rates also remained unchanged at 3.7% and 0.2 points higher than the same point in 2022. December brought on 17,000 more jobs than November,...
by Jacob Musselman | Dec 11, 2023 | Industry News
The U.S. added 199,000 jobs in November, according to a recent survey from the U.S. Bureau of Labor Statistics. The unemployment rate also fell 3.7% during November. The two industries that experienced the biggest gains were health care and government. Employment in...