Long-term unemployment tumbles in January
The share of workers unemployed for more than six months fell significantly from December, on the back of an unexpectedly strong January jobs report.
The share of workers unemployed for more than six months fell significantly from December, on the back of an unexpectedly strong January jobs report.
The Biden administration misread the rising threat of inflation for a variety of reasons, according to several economists and current and former officials.
The Black unemployment rate dipped to 6.9% in January from 7.1%.