Jasmine Walker recently graduated and is applying for marketing jobs but hasn’t found one yet.—bbc.com Aaron Diangienda has spent more than a year searching for a suitable job and plans to return to college to complete his sports diploma.—bbc.com Dean Grey, an entry-level software engineer, struggled to find work as the tech market shifted toward … Continue reading Identifying the Type of Unemployment

After cutting interest rates last year, the Fed expected inflation to remain just above its 2% target. Instead, inflation stayed between 3% and 4%, making the Fed’s 3.5%–3.75% policy rate close to zero or negative in real terms. It is the real interest rate that matters for spending decisions.—wsj.com  

Analysts say China’s economy is producing less than it could if labor and capital were fully employed. To close this gap in 2026, China’s economy would need to grow by more than 5.3 percent.—economist.com China’s Real GDP According to the National Bureau of Statistics of China, the country’s annual real GDP reached approximately 140 trillion … Continue reading China’s Output Gap

Walmart’s Thanksgiving meal contains 15 products, six fewer than 2024’s. Items like pecan pie and sweet potato are out, and quantities have decreased—for example, one can of cream of mushroom soup versus two last years. Walmart store brands replace a large proportion of name brands. The meal is 25% cheaper.—cnn.com

The labor market grew in August 2025. The number of workers and the number of people looking for work increased.— bls.gov      

America’s once rock-solid labor market is softening: wage growth for job-hoppers has slowed, and unemployment is rising among fresh university graduates who are struggling to convince employers to take a chance on them. —economist.com  

Rising food prices are a particular concern for central banks in developing countries, where food makes up a larger share of household budgets. —ft.com