The participation rate and unemployment rate are both used to gauge the health of the job market but in completely different ways.
December's jobs report showed unexpected strength, with nonfarm payrolls growing by 256,000 and the unemployment rate dropping to 4.1%. Leading indicators like JOLTS and weekly jobless claims hinted ...
Discover what labor costs encompass, their categories—direct and indirect—and why they matter in pricing strategies to maintain profitability.
The Federal Reserve’s not yet ready to cut interest rates, as Chair Jay Powell made clear Wednesday. But the central bank is getting more data that could support rate cuts later this year. The latest: ...
Hiring cooled this fall, according to delayed figures released by the Labor Department Tuesday. Employers added 64,000 jobs ...
Federal Reserve Chair Jerome Powell discusses labor market outlook after the third interest rate cut this year, citing ...
The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...
• The latest employment snapshot from the Bureau of Labor Statistics paints a bleak picture of the current state of the economy under President Donald Trump. • Labor market deterioration: Just 22,000 ...
Labor over inflation has been my mantra since late 2022. Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. This gives us a glimpse of what may happen ...
At Total Tech Summit 2025, three industry veterans gathered to discuss one of the most critical topics facing AV integrators today: labor. From calculating the true cost of a technician to crafting ...
Mortgage rates kept sliding toward 7% as HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conforming loans at 7.25% on Tuesday, below the rate of 7.34% one week ago. At ...
True or false: Labor shortages and high unemployment rates can exist at the same time. True — and surprisingly, it can be a sign of a recovering labor force. Colorado’s unemployment rate in November ...
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