More Evidence That Jobs Market Is Peaking
Since the robust growth of the economy began to peter out in late 2018, economists, business owners and investors alike have looked to see if the jobs market would begin ...Read Full Story »
Jobs
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The Real Unemployment Rate Is Nearly Double What You Think
The unemployment rate for February was released by the U.S. Bureau of Labor Statistics (BLS). Economists worried that the country added only 20,000 jobs for the most recent period, well ...Read Full Story »
February Unemployment for One Large Group Hit 7%, Almost Double the National Figure
The economy added 20,000 jobs in February, a disappointment by almost any measure. In the past two years, the average monthly job additions have been over 200,000. A silver lining ...Read Full Story »
Weak Payrolls May Have Issues Ahead Other Than Just Weaker Business Trends
Some reports from the U.S. Department of Labor show stronger than expected monthly payroll gains, while others do not. The case for February was the latter. The U.S. economy reported ...Read Full Story »
US Job Losses Topped 76,000 in February, Up 117%
The economy lost 76,835 jobs in February, which was 117% higher than in the same month in 2017. It is another sign that the U.S. expansion, so robust for most ...Read Full Story »
Will 80,000 Seasonal Workers Improve Home Depot’s Customer Service?
Cold, snowy weather is not a harbinger of spring. Seasonal hiring at home improvement stores is, however. Home Depot Inc. (NYSE: HD) announced plans Tuesday morning to hire up to ...Read Full Story »
Why Women Don’t Get Promoted
Nearly half of all entry-level employees at U.S. companies are women. At the top of the food chain, however, less than a quarter of C-suite executives are women. For women ...Read Full Story »
Strong Economy Conundrum: 1 Million More Job Openings Than Available Workers
It turns out that the jobs market can keep improving. In the Job Openings and Labor Turnover Survey (JOLTS), the Bureau of Labor Statistics (BLS) indicated that the number of ...Read Full Story »
20 Strike Sidelined 485,000 People Last Year
Major strikes kept a total of nearly half a million people out of work for some period last year. The Bureau of Labor Statistics listed 20 work stoppages as major ...Read Full Story »
Black Unemployment Is 70% Above National Rate
According to the Bureau of Labor Statistics, the economy added 304,000 jobs in January and the national unemployment rate was 4%. The level for Black Americans was 6.8% which is ...Read Full Story »
January Layoffs Up 21% to 53,000
In a worrying start to the year, major companies laid off 52,988 workers in January, up 20.7% from December and up 18.7% from January a year ago. The data show ...Read Full Story »
Shutdown Squashing Interest in Government Jobs Among Current, Potential Workers
On Friday, federal workers affected by the government shutdown will miss their second paychecks in the 35 days since the lockout began. The shutdown is driving federal employees to look ...Read Full Story »
Lost Manufacturing Jobs Create King-Size Ripple Effects
Last month, the U.S. Bureau of Labor Statistics reported that there were 12.84 million manufacturing jobs in the United States, more than a third below the 80-year high of 19.55 ...Read Full Story »
Number of Women CEOs Rose Significantly in 2018
After two years of relatively flat growth in the number of women CEOs at U.S. companies, 2018 saw a significant increase in both the number and percentage growth of women ...Read Full Story »
Unemployment Drops Below 3% in 10 States
In December, the unemployment rate was 3.9% nationwide, according to new data from the Bureau of Labor Statistics. However, in ten states, it was much lower than that, dropping below ...Read Full Story »
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