The Latest Breaking News from Unemployment

The (American) kids aren't alright.

Money usually vanishes slowly bad spending habits, mounting interest, or creeping inflation. But every so often, it doesn’t just trickle away, it gets blasted out of your hands like confetti in a wind tunnel. Life has a way of throwing bizarre curveballs that can flatten even the most responsible budget.…

Qualified candidates struggle in a sluggish market due to Trump tariffs, AI screening and vanishing entry-level roles

According to economist Justin Wolfers, Federal Reserve Chair Jerome Powell is stuck in a policy dilemma created by the trade and tariff policies of President Donald Trump.

The percentage of Americans with a bachelor’s degree or higher is now 37.5%, up from 25.6% in 2000.

In 2025, the rising unemployment rate among Americans under 25, specifically recent graduates, has become a significant economic concern. This problem seems to be uniquely American, stemming from a “no hire, no fire” economy, rather than the advent of artificial intelligence (AI).

"The U.S. labor market experience is peculiar," UBS' Paul Donovan wrote in a UBS note asking, "the kids are alright?"

Over 2 million job seekers used Goodwill's employment services last year—and the charity's CEO says it's gearing up for an influx of unemployed young people, thanks to AI.

The definition of unemployment is restrictive, excluding many people who are not in work. Labour market slack, by capturing additional groups of people without jobs, provides a more comprehensive picture than unemployment alone.

The Fed says the economy will grow and unemployment will decline. So why did it cut interest rates on Wednesday?

Former Treasury Secretary Lawrence Summers cautioned that the United States may be heading into a period of stagflation led by President Donald Trump’s trade and tariff policies, citing the lingering effects of tariffs and rising risks for both unemployment and inflation.