Jobs

US CEO Departures Hit Highest Year-to-Date Total Ever

The number of U.S. CEOs who lost or left their jobs in May rose by 17% compared to the April total. Last month, 114 CEOs left their jobs, compared to ...
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Careful What You Wish For: Weak May Payrolls Meet Lower Revisions for April and March

It has to be an interesting time when the stock market is hoping for slower growth and weaker economic news. That's a recipe that might just tempt Jerome Powell and ...
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ADP Payrolls Report Sets Awful Stage for Labor Department Report

The monthly ADP National Employment Report gets to act as a preliminary view for the U.S. Department of Labor's Employment Situation Report. While the reports are not expected to be ...
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Unemployment in These 3 States Post All-Time Lows

The Bureau of Labor Statistics has released its monthly unemployment numbers by state. The BLS collection and posting of state job statistics began in 1976. Three states had their lowest ...
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These 2 States Have the Lowest Minimum Wage in America

Over the past several days, there has been a rise in the number of marches and demonstrations across much of the country directed toward the need for the government to ...
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Black Unemployment 86% Higher Than US Average

The Bureau of Labor Statistics "Employment Situation" data for April appeared to contain nothing but good news. Unemployment dropped to the lowest level since December 1969, as it fell to ...
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Virtually Everyone In The Midwest City Has A Job, With Only 892 People Out Of Work

The U.S. unemployment level is at its lowest since December 1969. In April, the rate fell to 3.6% as the economy added another 263,000. The jobs situation is better in ...
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April Showers Means More Jobs for the Economy

If you were expecting a weak jobs report, this was the wrong first Friday of the month for you. ADP had telegraphed a very strong private sector payrolls report earlier ...
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Job Cuts Surge More Than 30% in 2019, but It’s Not All Bad News

American-based companies have announced job cuts of 230,433 through the first four months of 2019, up 31% year over year. However, the cuts slowed in April and dropped 34% compared ...
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Black Unemployment Rates at 76% Above National Average

The unemployment rate for black Americans was 6.7% in March, as the overall economy added 196,000 jobs, relatively low, historically, but still higher by 76% than the 3.8% rate among ...
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Is This the Most Obscenely Overpaid CEO in America?

Being the CEO of a S&P 500 company in America is a pretty sweet deal: The average base salary for such a position is more than $10 million a year. ...
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March Payrolls and Unemployment Act as a Goldilocks Report for the Economy

It looks like the fears about the jobs market might have been misguided. All the warning signs were signaling that the jobs market strength was waning, but the Bureau of ...
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Black Americans Are More Likely to Be Unemployed Than Any Other Racial or Ethnic Group

The 2018 fourth-quarter unemployment rate for African Americans was 6.5%, more than double the 3.1% rate among white Americans and the 3.2% rate among Asian Americans. Washington, D.C., had the ...
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Job Cuts in Q1 Hit 10-Year High

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for March showing that a total of 60,587 planned U.S. job cuts were announced last month, ...
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These 6 States Pay the Highest Minimum Wage, and It’s More Than Double the National Rate

More than half the states (29) and the District of Columbia have enacted minimum wage legislation setting workers' pay above the federal minimum of $7.25 an hour. Washington, D.C., currently ...
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