And another reason, in case you needed one, that policymakers should avoid a gratuitous recession.
Tag: Unemployment
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China’s Youth Unemployment Crisis: 1 in 5 Are Out of Work
The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.
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U.S. Job Growth Retains Vigor Despite Economic Worries
Employers added 253,000 jobs in April and unemployment fell to 3.4 percent, but the labor market’s strength complicates the Fed’s inflation fight.
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U.S. Job Growth Eases, but Extends Its Streak
Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a toll. The unemployment rate fell to 3.5 percent.
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U.S. Job Growth Eases, but Extends Its Streak
Employers added 236,000 jobs as the Federal Reserve’s interest-rate increases appeared to take a toll. The unemployment rate fell to 3.5 percent.