Browsing: unemployment
US consumer confidence has slumped to its lowest level in 12-1/2 years, Reuters reports, as mounting fears over a weakening labor market weigh on household spending plans.
Washington, DC’s highly educated workforce is confronting a stark reality: strong résumés and advanced degrees no longer guarantee employment, raising urgent questions about the city’s economy.
Despite low headline unemployment, U.S. job seekers face shrinking postings, fierce competition and rising layoffs, exposing a cooling labor market and faltering pandemic-era gains.