Laura Ullrich sympathizes with college students looking for work. The director of economic research for the workplace is certainly aware of the problem. His son, a data scientist, is getting his master’s degree this year. He says: “Because of the work I do, the parents of many of his friends and his friends ask me … Read more
Lately Good luck thoughts on how Trump-era policies are driving capitalism away, I argued that markets cannot function without trust, transparency and a shared sense of purpose. Since then, the Administration has taken another step to take the argument to the logical—and downright scary—next step. The Environmental Protection Agency (EPA) did something unusual as a … Read more
Employers are under tremendous pressure to embrace AI and ditch the workforce. Investors and CEOs are obsessed with reducing costs and maximizing opportunities; Every CIO is pushed to come up with an AI plan, to keep pace with competitors. Dreams of AI-driven transformation are everywhere. But leaders should not feel that they have to rush … Read more
The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more
The stock market plunged on Monday morning after the White House announced that it might not be America’s job to reopen the Strait of Hormuz. The S&P 500 rose more than 1.5%, while the Nasdaq rose nearly 2%. In one night, a Wall Street Journal the report indicated that President Trump would be ready to … Read more
The chairman of the Federal Reserve Jerome Powell gave a strong assessment of the health of the American finances on Monday, telling a Harvard economics group that while the national debt of $ 39 trillion is not immediately dangerous, the way the country is in requires urgent attention from the lawmakers. Powell said during a … Read more
In February, the US economy lost 92,000 jobs. Unemployment rose to 4.4%. Economists expected moderate growth. Instead, job losses were concentrated in construction, manufacturing, restaurants, administrative services and health care. But a serious crisis is not a bad month. It’s a structural change that’s been in the works for years. The workforce is shrinking – … Read more
President Donald Trump’s war against Iran is clashing with US bond investors, who have shown little appetite for Treasury securities as they hope the war will end soon. This past week, auctions of two-, five- and seven-year Treasury notes all attracted weak demand, forcing yields higher than expected. That’s a big difference from last month, … Read more
Maybe you know a woman who supports an unemployed man. Maybe you have been that woman. What was once a shamefully quiet secret has become a point of macroeconomic data, and now teh Federal Reserve has receipts. As of the beginning of 2026, women held more paid jobs than men in the United States. This … Read more
Economists are growing more cautious about the economic situation as the conflict in Iran continues. Moody’s Analytics raised its recession outlook for the next 12 months to 48.6%, in line with Goldman Sachs, which now predicts a 30% risk of recession, and EY-Parthenon, which puts the chances of a recession at 40%. The underlying probability … Read more