The Federal Reserve’s campaign to rein in the worst inflation in decades will end in a recession. But so long as unemployment remains low, it’s likely inflation will remain the top worry for households even if economic growth stalls.
During an interview aired on Friday’s broadcast of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that he believes there won’t
An analysis from WalletHub revealed that Washington, DC, is at the bottom of the list (Number 51) in most equality categories and overall.
Fed officials revised their views significantly since the March meeting but still seem optimistic about the chances of a soft-landing.
A German state agency has said that it will likely soon be providing over 400,000 more Ukrainian migrants with unemployment benefits over the next few weeks.
Unemployment was up for black women, Hispanic women, black teenagers, and Hispanic teenagers.
Economists had expected the economy to add 323,000 jobs and the unemployment rate to tick down to 3.5 percent.
Sweden’s Minister for Employment and Gender Equality called on migrant women not to have more children than they can support.
President Joe Biden is subsidizing businesses with 35,000 more foreign H-2B visa workers to hire for non-agricultural jobs in the United States even as nearly 12 million Americans remain jobless.
President Joe Biden’s Department of Homeland Security (DHS) will allow businesses to import another 35,000 foreign H-2B visa workers for working and middle class jobs even as 11.7 million Americans remain jobless.
Last week’s unemployment claims were at the lowest level since Richard Nixon’s first year in the White House.
The state agency tasked with processing the influx of unemployment claims in 2020 brought on many workers who had previously been convicted of financial crimes, including embezzlement and identity theft, according to an audit report.
California lawmakers have introduced legislation that would provide unemployment payments to people who are in the country illegally and have lost their jobs.
Almost 20 million American native-born men have been shoved out of the labor force and onto the economic sidelines of their own homeland, as Democrats and business groups demand even more imported foreign workers.
John Paul Mac Isaac says his unemployment claims were repeatedly closed until he sent a letter to Sen. Coons (D-DE) threatening to go public.
Hunter Biden’s “laptop from hell” repairman says his life has been turned upside down and that “Bankruptcy looks like my only option.”
Additional employment means more spending power. In an economy still suffering from supply constraints, that’s a recipe for higher prices.
A group of Senate Republicans has joined Senate Democrats to demand President Joe Biden import more H-2B foreign visa workers to take working-class, blue-collar American jobs.
The unexpectedly strong January jobs report, in the middle of the omicron surge in the coronavirus pandemic, makes it clear that President Joe Biden’s signature spending plan, “Build Back Better,” is unnecessary and arguably inflationary.
President Joe Biden is allowing businesses to import an additional 20,000 foreign workers on the H-2B visas program to take blue-collar jobs in the United States even as 12 million Americans remain jobless and millions more are underemployed.
A group of Republican and Democrat governors is begging President Joe Biden to import more foreign visa workers to take American jobs even as hundreds of thousands of Americans in their states remain jobless.
A study from the Foundation for Government Accountability (FGA) found 40 states require government work permits for teenage job-seekers that have the power to override parental decision-making.
Inflation has nullified increases to wages in Britain last year, with workers experiencing a decline in pay in real terms in November.
Diversity, Inclusion, and Equity? The racial gap in unemployment got much worse in December.
Omicron is likely exacerbating the labor shortage.
States with Republican governors and legislatures are leading Americans back to work quicker than those led by Democrats, according to an analysis of the state-by-state unemployment data from the Department of Labor.
Some hospitals, healthcare providers, and nursing homes would stand to lose up to a third of their workers due to Biden’s vaccine mandate.
One of the kinks in the ongoing supply chain crisis is a shortage of truck drivers and some say that importing foreign workers could help.
According to the report, 4.4 million Americans — three percent — chose to voluntarily leave their place of employment.
Republican governors and legislatures are leading Americans back to work, according to analysis of the state-by-state unemployment data from the Department of Labor.
Joe Biden has two bad ideas now: boosting inflation and hurting job-creation. And he wants to add a third bad idea: increased welfare dependency.
The Federal Reserve said Wednesday vaccine mandates hurting economic employment, which has resulted in exasperating President Biden’s supply chain crisis.
The Jobs Creators Network reacted to President Joe Biden’s terrible jobs report, blaming his “failed policies” and radical agenda for “wrecking small businesses” across the country.
House Minority Leader Kevin McCarthy (R-CA) responded to President Joe Biden’s disappointing September jobs report, blaming the “misguided policies” put up by the congressional Democrats that hurt the U.S. economy.
The president continued to spin the numbers as an improvement, despite a second consecutive month of employment numbers far below expectations of at least 500,000 jobs created.
The September numbers are even worse than the disastrous report from August, showing only 235,000 jobs created.
Six million people in Spain are in severe poverty, a figure that has increased by 50 per cent since 2018 as the pandemic fuels even more economic problems for Spaniards.
The number of Americans filing new claims for unemployment benefits dipped to 326,000 in the week ended October 2, a decline of 38,000 from the previous week.
A 65-year-old Virginia Vietnam veteran has been unable to find work since losing his job as a go-kart mechanic at the start of the pandemic.
United Airlines is planning to fire nearly 600 employees who have refused to get vaccinated against Chinese coronavirus.
