Opinion | Here’s How to Understand the Next Jobs Report

When the Labor Department released a disappointing employment report for April, it caught many economists by surprise. Most of us had predicted the economy had created around 900,000 jobs and forecast a drop in the unemployment rate of 0.2-0.3 percentage points. This seemed reasonable: Through March and April, most sectors of the economy showed strong […]

Unemployment claims continue to show labor market progress.

Initial claims for state jobless benefits were little changed last week, the Labor Department reported Thursday. The weekly figure was about 425,000, an increase of 6,000 from the previous week. New claims for Pandemic Unemployment Assistance, a federally funded program for jobless freelancers, gig workers and others who do not ordinarily qualify for state benefits, […]

Buckingham Palace banned ethnic minorities from office roles, papers show

The Queen's aides banned "coloured immigrants or foreigners" from working office jobs in the royal household until at least the late 60s, newly unearthed documents show. National Archives files uncovered by the Guardian revealed that they were allowed to work as domestic servants. It comes after Prince Harry and Meghan Markle accused an unnamed member […]

Why It’s Hard to Hire Right Now

Experts weigh in on what’s really going on in the labor market — and what companies can do to attract workers. The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in the news. If you don’t already receive the […]

Signs of Economic Hope Are Growing, Some With Superlatives

The American economic recovery is gathering steam, renewing confidence that a vibrant revival awaits as the pandemic recedes. After months of false starts, evidence is mounting that the economy has definitively turned a corner, with more growth on the horizon. Job gains last month were the strongest since August. There are signs that the snarled […]

Unemployment claims data will shed new light on the economy.

More evidence of the job market’s recovery could emerge Thursday morning when the Labor Department reports the latest data on new claims for unemployment benefits. The increasing pace of vaccinations — combined with the easing of restrictions on business and consumer activity in many states, and the arrival of stimulus funds — has helped lift […]

Opinion | What Biden and F.D.R. May End Up Having in Common

Last week, President Biden issued a robust endorsement of the Protecting the Right to Organize Act, or PRO Act, the most far-reaching pro-union legislation in decades, which would make forming unions easier and make it harder for companies to fight against unionization. So far, he appears poised to deliver on his campaign pledge to “be […]

Opinion | We Need a G.I. Bill for Essential Workers

For far too many American workers, the pandemic has delivered a one-two punch of hardship. The American Voices Project, a national study of the ongoing crisis brought on by the coronavirus, recently interviewed a 26-year-old essential worker about the pandemic’s first punch: “I was working at a gas station, bringing home enough to get me […]

Fed Holds Rates Steady and Signals Continued Wariness

WASHINGTON — Federal Reserve officials made only minor adjustments to their policy statement Thursday, leaving rates unchanged and pledging to act as needed to protect the economy and sustain its recovery from the depths of the pandemic-spurred recession. “Economic activity and employment have continued to recover but remain well below their levels at the beginning […]