The jobless rate for young workers has jumped since late 2021 and loan repayment is back on the table. Soon-to-be grads are scrambling.

In “Moving the Needle: What Tight Labor Markets Do for the Poor,” authors Newman and Jacobs advocate letting tight labor markets stay that way.

Growth in the number of people looking for work means the unemployment rate is rising for the right reasons, one economist says.

Employers added a higher-than-expected 311,000 jobs, while unemployment rose from 3.4% to 3.6%.

“It’s clear there have been some shifts in the economy that just make their policies less effective,” says Neil Irwin of Axios.

Continuing claims for benefits fell by 37,000 for the week, according to the latest data from the Labor Department.

Here are the industries that saw the biggest job gains and the ones still falling behind.

Wages increased 1% in Q4. Inflation is also slowing. All that could impact whether — and by how much — the Fed hikes interest rates.

The job market is still tight, so many who’ve lost jobs rejoin the workforce fast. Others aren’t eager to deal with the unemployment insurance system.

A New York Fed survey shows consumers are cutting back. But inflation means they’re paying more for the same stuff.