Troubling and unusual unemployment numbers for Black Americans are signaling that the U.S. is on its way to a potential recession, economists tell TPM. The latest jobs report from the Bureau of Labor ...

The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data underlying the unemployment rate can help in assessing which labor market ...

The study of unemployment dynamics and hysteresis explores how temporary economic shocks or cyclical downturns may produce enduring effects on unemployment levels, challenging the notion that these ...

Discover how the Great Recession caused shifts in structural unemployment, transforming job markets and leaving lasting economic impacts beyond cyclical trends.

Okun’s Law represents an empirical relationship between changes in an economy’s output and fluctuations in unemployment. Initially formulated in the early 1960s, the law posits that variations in ...

The COVID-19 pandemic has upended the U.S. labor market, with massive job losses and a spike in unemployment to its highest level since the Great Depression. How long unemployment will remain at ...