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Unemployment

All articles tagged with #unemployment

Yields retreat as traders await fresh inflation data
markets3 hours ago

Yields retreat as traders await fresh inflation data

U.S. Treasuries eased as investors braced for a wholesale inflation read (PPI) while parsing a still-robust labor market: 10-year yields around 4.023%, 30-year about 4.675%, and 2-year near 3.452%. Initial unemployment claims for the week ended Feb. 21 came in at 212,000, below expectations of 215,000, signaling resilience despite a solid January payrolls print. Traders expect Friday’s PPI to rise about 0.3% for both headline and core measures, a cooler report that could boost risk appetite for stocks.

AI Doomsday Scenario Spooks Markets
business2 days ago

AI Doomsday Scenario Spooks Markets

A speculative Substack piece from Citrini Research envisions AI agents triggering a 2027–28 downturn: mass white‑collar unemployment, disruption of software and middlemen businesses, a wave of private‑credit defaults and a mortgage crisis, and a 57% S&P crash accompanied by Occupy Silicon Valley protests. While many analysts chalk it up to sensationalism, the scenario raises questions about how AI could reshape demand, jobs, and policy responses in a real economy.

AI Bear Case: A Hypothetical Path to a 40% S&P Selloff
markets3 days ago

AI Bear Case: A Hypothetical Path to a 40% S&P Selloff

MarketWatch summarizes a Citrini Research scenario in which widespread AI adoption disrupts demand and boosts automation, triggering white‑collar job losses and weaker consumer spending. The model envisions a non‑cyclical downturn that could push the S&P 500 down roughly 38–40% from 2026 highs by 2027–28, with ripple effects across bonds, private credit, and housing. The authors stress it’s a scenario‑based exercise, not a forecast.

Fed minutes reveal split on rate path: holding cuts for now, with hikes on the table if inflation persists
economy8 days ago

Fed minutes reveal split on rate path: holding cuts for now, with hikes on the table if inflation persists

Minutes from the January FOMC show a divided committee: most officials favored pausing further rate cuts for now unless inflation clearly slows, while some floated the possibility of hikes if inflation remains above target; the statement was adjusted to reflect a more balanced outlook, and markets price in a potential June cut followed by another move later in the year if disinflation proceeds and labor markets stay resilient.

UK unemployment climbs to five-year high as vacancies lag and redundancies rise
economy9 days ago

UK unemployment climbs to five-year high as vacancies lag and redundancies rise

Official data show the UK unemployment rate rising to 5.2% in December, the highest since early 2021, with redundancies increasing and the number of unemployed per vacancy at a post-pandemic high. Wage growth remains uneven—faster in the public sector and softer in the private sector—and the ONS cautions about interpreting monthly vacancy data. A CIPD survey links hiring cuts to new workers’ rights and higher employer National Insurance costs, while markets price in potential Bank of England rate cuts later this year.

US growth outpaces hiring as job market cools
economy11 days ago

US growth outpaces hiring as job market cools

The US economy is expanding at a robust pace while job openings and hiring have fallen to multi-year lows, leaving some workers unemployed or underemployed despite strong growth. Analysts point to factors like AI-driven efficiency, outsourcing, immigration policy, and fiscal uncertainty as possible causes, with experts cautioning the trend could be temporary or longer-lasting.

California’s booming GDP contrasts with a weak job market
economy17 days ago

California’s booming GDP contrasts with a weak job market

Despite a $4.22 trillion economy, California’s job market weakened in 2025, ranking 37th for job growth after a 0.1% decline (about 11,200 jobs lost). The Bay Area dragged overall growth, with private-sector cuts outpacing government hires, and December 2025 unemployment at 5.5%, the worst in the nation. Nationally, jobs grew 0.4%. Experts cite high hiring costs and regulatory barriers, urging reforms to restore hiring competitiveness.

Trump's December 2025 Economy Watch: Unemployment Edges Down, Data Revisions Stir Debate
politics24 days ago

Trump's December 2025 Economy Watch: Unemployment Edges Down, Data Revisions Stir Debate

BuzzFeed tracks Donald Trump’s December 2025 economy, noting unemployment around 4.4% with sectoral job shifts, while inflation data arrives later and several prior months were revised upward. The piece also cites Trump’s unfounded claim about Democrats manipulating unemployment figures, presenting December as a cautious snapshot of the administration’s economic performance.

Claudia Sahm warns: the economy's signals are shifting beyond the usual alarms
economy26 days ago

Claudia Sahm warns: the economy's signals are shifting beyond the usual alarms

Economist Claudia Sahm argues the economy has quietly shifted: hiring remains weak even as unemployment looks tame, immigration and political pressure are reshaping the labor pool, and traditional recession indicators may no longer signal trouble. She urges policymakers to focus on the labor market rather than relying on the Sahm Rule, warning that institutions like the Fed could drift under political pressure. With AI displacement and a leadership change at the Fed adding uncertainty, the usual toolkit for stimulating demand may not fit the current cycle.

Fed holds rates steady on solid-growth signal
business28 days ago

Fed holds rates steady on solid-growth signal

The Federal Reserve left the federal funds rate at 3.5%–3.75%, saying the economy has been expanding at a solid pace and the job market is stabilizing, with no guidance on when a future move might come. The decision follows last year’s rate cuts and occurs amid political/legal scrutiny of Fed leadership. Two policymakers dissented, preferring a rate cut, while Powell emphasized decisions will be data-driven and that policy remains near neutral.

Trump 2.0: A Mixed Bag of Jobs, Debt, and Border Policy
economy1 month ago

Trump 2.0: A Mixed Bag of Jobs, Debt, and Border Policy

FactCheck.org’s Trump’s Numbers, Second Term lays out a year of data showing a mixed economic picture: job growth slowed and unemployment edged up, but real wages rose and inflation cooled on CPI while the Fed’s preferred PCE index stayed above target; GDP growth is estimated around 1.7–1.8% for 2025. Immigration policy produced a dramatic drop in border apprehensions and near-cessation of refugee admissions; the stock market reached new highs and energy production rose as imports fell. The federal debt rose about 6.7% in the year, deficits remained large, and SNAP participation declined, with housing, crime, and other metrics continuing to evolve. The article presents the numbers without judging credit or blame.