U.S. Economy
- Personal Finance
Long-term unemployment tumbles to its pre-pandemic level, helping to ‘mitigate the risks of labor-market scarring’
Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong…
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Is the economy in a recession? ‘What you call it is less relevant,’ says one economist: Here’s ‘what really matters’
‘We should have an objective definition’ Officially, the NBER defines a recession as “a significant decline in economic activity that is…
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The Fed is fighting inflation. So is remote work
Morsa Images | Digitalvision | Getty Images In practice, that reduction can occur in a few ways: Employees may accept…
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Typical job switcher got a pay raise of nearly 10%, study finds
Morsa Images | DigitalVision | Getty Images Many workers who changed jobs recently saw raises from their new paychecks outpace…
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Americans are anxious about a recession as inflation cuts into their spending power
A customer shops in a Kroger grocery store on July 15, 2022 in Houston. Brandon Bell | Getty Images As…
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The federal government had expected $114 billion income on student loans. But it could lose $197 billion, watchdog finds
Designer491 | Istock | Getty Images The U.S. Department of Education is expected to lose close to $200 billion from…
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Are you worried about landing that first job out of college? Here’s a look at the ‘most employable’ degrees
Getting a job after graduation isn’t a given. While the labor market is strong and college grads are still more…
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Is this a recession or not? While it’s ‘not entirely clear,’ here’s what it could mean for American consumers
Americans want to know: Is this a recession or not? Officially, the National Bureau of Economic Research defines recession as “a…
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Considering a job change? Experts explain how to ace that ‘Great Reshuffle’ career move
A record number of workers have quit their jobs, looked for new ones and renegotiated along the way. But with…
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Here’s what the Federal Reserve’s back-to-back 75-basis point interest rate hikes mean for you
What the federal funds rate means to you The federal funds rate, which is set by the U.S. central bank,…
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