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Tag: unemployment

Chaebols and Youth Unemployment in South Korea

Nepal, Morocco, Madagascar, and now South Korea—the youth are not accepting economic hardships quietly. South Korea passed a “public intimidation law” that...

New Hires Fell to 16-Year Low in September

The condition of America’s workforce remains undetermined, as the Bureau of Labor Statistics is currently not operational. The non-farm payrolls report will be...

Exxon Announces Mass Layoffs

Recent data from the Chicago Fed and ADP indicate new hires at a 16-year low. The ADP offered a bit of promising news for large corporations as they managed to...

Moroccan Youth Protests – Gen Z 212

Anti-government protests always begin with the younger generations. Morocco is the latest nation to face a massive youth uprising with nearly a week of ongoing...

Fed Rate Cuts – All About Jobs

The Federal Open Market Committee voted to lower rates by 25 bps at the September meeting, citing “that downside risks to employment have risen.” I reported in...

August CPI – USA

Consumer prices are up 2.9% in August on an annual basis after rising 2.7% in July. CPI doubled from July’s reading at 0.4%, with inflation now sitting at 2.9%....

Weak BLS Data and Rate Cuts

Troubling data from Friday as the US Bureau of Labor Statistics reported that the economy added a mere 22,000 jobs in August. July’s figure was revised to show an...

Unemployed Outnumber Job Openings in US

The number of unemployed Americans now outnumbers available job openings. Data from July show 7.24 million unemployed Americans compared to 7.18 million job...

Bureau of Labor Statistics Data has ALWAYS Been Problematic

Erika McEntarfer, the Bureau of Labor Statistics (BLS) commissioner, has been fired by President Donald Trump due to the weak jobs report. Trump accused the...

Retail and Tech Jobs At-Risk in the US

US employers have reduced their workforce more in the first seven months of 2025 than in all of 2024. The DOGE cuts to the public sector were the primary driver of...