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Ludwig Institute for Shared Economic Prosperity

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Situations

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US labor market shows cooling amid low-hire, low-fire trends

21 clusters · 270 sources · last updated

Latest: US unemployment claims dip to 206,000

The July 2026 U.S. jobs report confirmed unexpected labor market weakness, with nonfarm payrolls decreasing by 23,000 jobs. This significantly missed market expectations of gains between 80,000 and 100,000 and marked the

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US functional unemployment trends

2 clusters · 6 sources · last updated

Latest: US functional unemployment reaches new high

Reports indicate a rise in “functional unemployment” in the United States, a metric that includes individuals seeking to enter the labor market and part-time workers earning less than $26,000 annually before taxes. Dat