DARK SECRETS: 12 | Vintage Vibes

Nearly 2 Million Americans Have Been Out of Work for Over Six Months, the Highest Toll Since 2021

Long-term unemployment in the US has climbed to its highest level since December 2021, with nearly 2 million out of work for six months or more despite a strong May jobs report.

International Business Times UK · Jun 7

Don't be fooled. JobSeeker's new look is still hiding some nasty business

The core problem remains untouched.

The Canberra Times · Jun 7

Trump Says Black Unemployment Was at a Record Low, Then Admitted He Had 'No Idea Where the H*ll' the Statistic Came From

At a Wisconsin farm event, President Trump claimed Black unemployment was at a historic low, yet admitted uncertainty about the statistic's origin, contradicting federal data showing a higher rate.

International Business Times UK · Jun 7

US added 172,000 jobs in May as labor market shows signs of resilience

Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran war

The Guardian - US · Jun 5

America’s job market has a surprising problem: Nobody’s hiring, nobody’s firing

While unemployment is projected to hold steady at a low 4.3% in May, according to FactSet, the pace of job creation remains significantly slower than the boom experienced in the wake of pandemic lockdowns

The Independent UK · Jun 5

Trump promised deportations would protect American jobs. Brookings said ICE raids have cost the economy over 668,000 of them

A recent study from Brookings found that ICE arrests shocked local economies and drove unemployment.

Fortune · Jun 5

The US just had its highest number of people file for unemployment benefits since the Iran war started

The war in Iran has injected significant uncertainty into the broader US economy and its labor market

The Independent UK · Jun 4

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran

AAP · Jun 4

AI is getting too much of the blame for graduate hiring prospects, and there could be a job perk that is actually behind it all

New York Federal Reserve Bank data shows that graduate unemployment started rising before AI was really a thing.

TechRadar · Jun 3

May Jobs Report Comes In Hot, Keeps Fed Focused on Inflation

The May jobs report was released Friday morning and came in much higher than economists expected..

Kiplinger · Jun 3