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Category Unemployment

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

The Federal Reserve cut its benchmark interest rate by 25 basis points on Wednesday, lowering the federal funds rate to 4.00%–4.25%. Policymakers s...
U.S. Added Just 22K Jobs in August as Unemployment Rate Rose to 4.3%

U.S. Added Just 22K Jobs in August as Unemployment Rate Rose to 4.3%

The soft numbers not only cement the case for a Fed rate cut later this month, but likely put a 50 basis point move on the table versus the previou...
U.S. Added 139K Jobs in May, Roughly In Line With Forecasts

U.S. Added 139K Jobs in May, Roughly In Line With Forecasts

The unemployment rate remained steady at 4.2%, also matching economist forecasts.
A Pre-Consensus Lift Amidst Lingering Recession Whispers

A Pre-Consensus Lift Amidst Lingering Recession Whispers

Following weeks of turbulence, a shift in sentiment sparked a notable crypto rally coinciding with CoinDesk's Consensus conference in Toronto, crea...
Rise of the Machines: African Students Fear AI Will Steal Their Jobs

Rise of the Machines: African Students Fear AI Will Steal Their Jobs

African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces techno...