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Tag Archives: Unemployment

Jerome H. Powell: Getting Back to a Strong Labor Market

Jerome Powell CARES Act Labor Market border payments

Today I will discuss the state of our labor market, from the recent past to the present and then over the longer term. A strong labor market that is sustained for an extended period

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Eurozone unemployment hits new high

Unemployment in the crisis-stricken euro bloc rose to 12.2% for April, according to Eurostat, the statistics office of the EU. At 24.4%, youth unemployment was double the wider jobless rate and up from 24.3% in March. The problem was most extreme in Greece where almost two-thirds of those under-25 are ...

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