State of the Labor Market
Commentary, data, analysis and insight into the US and global economy.
Hiring remains steady, but rise in layoffs is reminder that we are not out of the woods.
The US economy lost 140,000 jobs last month, and the unemployment rate is at 6.7%, unchanged from November.
The trend in job postings was 10.6% lower than in 2019 as of December 31, as slow improvement continued.
The trend in job postings was 11.1% lower than in 2019 as of December 11, as slow improvement continued.