Insights
The unemployment rate for recent college graduates widened to 2.8% above that of the broader population with college degrees, according to recent data from the Federal Reserve Bank of New York. This figure marks a historical high since the 1990s (excluding the pandemic period), highlighting the ongo...
Insights
The US initial claims have declined by nearly 40,000 from their July peak, but continued claims for unemployment benefits have reached a three-year high, according to data released by the Bureau of Labor Statistics on November 21. Does this indicate that the labor market is beginning to deteriorate?...
Insights
Japan's labor market continued to show tightness in September, according to data released by the Ministry of Internal Affairs and Communications and the Ministry of Health, Labour and Welfare on October 29. The unemployment rate fell to 2.4%, down from 2.5% in the previous month, while the job-to...
Insights
The Federal Reserve released the minutes of the July FOMC meeting on August 21, providing insight into the views of Fed officials on the current economic conditions and outlook: Inflation: Inflation has eased compared to a year ago, with core PCE rising 2.6% year-over-year in June. Alth...
Insights
The U.S. Department of Labor released data on August 8th showing that initial jobless claims for the previous week stood at 233,000, a decrease of 17,000 from the revised figure of the prior week, and better than the market expectation of 241,000. The four-week moving average was 240,750, an increas...