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Faster Economic Growth, Weaker Hiring Seen by Harriet Torry and Anthony DeBarros

William Attardi on October 13, 2025

Prospects for U.S. economic growth are looking up, as investment in artificial intelligence booms and risks around tariffs diminish, according to economists surveyed by The Wall Street Journal. Even as the economists have raised estimates for economic growth, they have lowered prospects for jobs. Behind the strange dichotomy: Employers are reluctant to hire given political uncertainty and rising costs, even as their investment, especially in AI, is boosting productivity and economic growth.  That slower job growth, however, won’t translate into notably higher unemployment, because the Trump administration’s crackdown on immigration is reducing the supply of workers. Economists expect the jobless rate to hover around 4.5% over the next year. It was 4.3% in August.  tCTlJoMg7sMgno0naAXk-WSJNewsPaper-10-13-2025.pdf

US Labor Market Remains Resilient, Unemployment Rate Falls

William Attardi on July 3, 2025

The job gains were significantly larger than expected and the unemployment rate ticked down in May. S. employers added 147,000 jobs in June and beat economists’ expectations of fewer than 118,000 new jobs as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. The unemployment rate ticked down to 4.1% from 4.2% in May, the Labor Department said Thursday. US Labor Market Remains Resilient, Unemployment Rate Falls – tEDmag

US Unemployment Hovers at Historically Low Levels

William Attardi on June 22, 2025

 The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday. The number of Americans collecting unemployment benefits the week of June 7 slid to 1.95 million. Weekly unemployment claims are a proxy for layoffs and mostly have stayed within a healthy band of 200,000 to 250,000 since the economy recovered from a brief but painful COVID-19 recession in 2020, which temporarily wiped out millions of jobs. US Unemployment Hovers at Historically Low Levels – tEDmag

The First Edition of the Encyclopedia Britannica Is Published on Dec. 10, 1768  The Encyclopedia Britannica, the oldest continuously published and revised work in the English language, was first made available to the public in Edinburgh, Scotland. This monumental work, which would go on to become a cornerstone of knowledge, marked the beginning of a publication that has influenced generations of scholars, students, and curious minds around the world.  The Encyclopædia Britannica was the brainchild of Colin Macfarquhar, a Scottish printer and bookseller, and Andrew Bell, a Scottish engraver. Together, they sought to create an authoritative, comprehensive, and accessible work that would encapsulate the growing body of knowledge of their time.  What began as a small printing project in Edinburgh grew into one of the most influential reference works in the world, providing access to knowledge and intellectual insight for generations, helping to shape the way we think about history, science, culture, and the world around us. Today, the Encyclopedia Britannica is regarded as one of the most influential reference works in the world. Our personal library to help us learn.  I hear  something better is coming along………