Tag Archives: Economists

The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and Pierfrancesco Mei, who tackled the phenomenon of “jobless growth” in an Oct. 13 note. It resonates with what Federal Reserve Chair Jerome Powell memorably described in September as a “low-hire, low-fire” labor market, in which, for some reason, “kids coming out of …

Jobs Report Withheld by Shutdown Leaves Economists Guessing  The New York Times As hiring slows, more Americans are job hunting for months: “It’s going to take a small miracle”  CBS News Millions of Workers Are Left Out of the ‘Low-Hire, Low-Fire’ US Job Market  Bloomberg.com There may not be a jobs report at all this week — so economists are homing in on …

Job fair signage as job seekers arrive at the Appalachian State University internship and job fair in Boone, North Carolina, US, on Wednesday, Oct. 1, 2025. Allison Joyce | Bloomberg | Getty Images Unemployment changed little in September, while layoff and hiring rates both slowed, according to separate labor market reports Thursday. The jobless level barely moved at 4.34%, according …

In what could be the last piece of federal jobs data released this week if the government shuts down, a new report Tuesday showed that the number of available roles remains low for the year, a sign that opportunities continue to dwindle for Americans looking for work. Tuesday’s Job Openings and Labor Turnover Survey showed that the number of available …

New York  —  Americans have more money in stocks than ever before. But while the market’s climb may be inflating their accounts, they are more exposed than ever to a potential market slump. Direct and indirect stock holdings, including in mutual funds or retirement plans, accounted for an all-time high of 45% of households’ financial assets in the second quarter, …

There may be a straightforward solution for another kind of “lock-in effect” paralyzing the nation’s housing market: fix the tax code. Recent analysis from Moody’s Analytics, led by Chief Economist Mark Zandi and Deputy Chief Economist Cristian deRitis, points directly to outdated capital gains tax caps as the culprit that is keeping millions of homes off the market and out …

A government shutdown could begin within days, halting pay for hundreds of thousands of federal workers and delaying services, as lawmakers remain deadlocked over funding past Sept. 30. The financial impact of a shutdown typically depends on the length of the disruption, with each week costing the U.S. economy about $7 billion, according to a new analysis from EY-Parthenon Chief …

US new home sales jump to more than 3-1/2-year high; economists dismiss rise as a fluke  ReutersView Full Coverage on Google News Source link

Donald Trump’s decision to impose a $100,000 (£74,096) fee on H1-B visas for skilled foreign workers could hurt US economic growth, economists have warned. Trump signed a proclamation on Friday introducing the application fee for the H-1B visa, 60 times the current cost, in a move designed to encourage companies to hire more American workers. The increase represents a blow …

The dramatic rise in unemployment among Americans under 25—especially recent graduates—has become one of the most troubling economic headlines of 2025. Recent insights from economists, central bankers, and labor market analysts signal that this appears to be a uniquely American challenge, underpinned by a “no hire, no fire” economy rather than solely by the rapid ascent of artificial intelligence. For …