Jobs

Jobless Claims Starting to Pick Back Up

The U.S. Department of Labor Wednesday morning released its reading on weekly jobless claims, which rose by 3,000 to 224,000. The prior week’s reading was revised up 5,000 to 221,000. ...
Read Full Story »

What It Will Take to Lure Women Into the US Labor Force

Compared to our neighbors to the north, the U.S. labor force participation rate is declining. In 2017, 87% of Canada's prime-age workers (ages 18 through 54) were either working or ...
Read Full Story »

Why the Markets Are Hoping for a Weaker Payrolls Report

Friday's unemployment and payrolls report from the U.S. Department of Labor is always important, but fit may have an even higher importance for the markets than previous reports. The market ...
Read Full Story »

October Job Cut Total Is Highest Since July 2015

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for October. It showed that a total of 75,644 job cuts were announced last month, an ...
Read Full Story »

Is Now the Time for Discouraged Workers to Get Back in the Job Market?

With U.S. headline unemployment down to 3.7%, the 5 million workers who have left the labor force and are not counted among the unemployed have a significant opportunity to begin ...
Read Full Story »

The US Trade Deficit With China Has Cost 3.4 Million US Jobs

China was granted admission to the World Trade Organization (WTO) in late 2001 and since then the U.S. annual trade deficit with China increased from $83.0 billion to $375.2 billion ...
Read Full Story »

More Than Half of US Jobs Could Be Automated Over the Next 20 Years

Looking at the effect of automation on today's job market, the impact is being felt most in service and manufacturing jobs. That means fewer jobs for unskilled labor in the ...
Read Full Story »

Why Holiday Hiring Could Hit Record Highs

As the holiday season rolls around, companies have to ramp up their hiring to deal with the increased demand they will inevitably see this time of the year. This year ...
Read Full Story »

25 Best US Cities for Jobs in 2018

There are more jobs available in the United States today than there are people to fill them. The catch is that some locations are better than others, either for jobs ...
Read Full Story »

7.1 Million Job Openings and Not Anywhere Near Enough Workers to Fill Them

It has not gone without notice that hiring and payrolls have continued to rise month after month. Now we have yet one more reading showing just how strong the current ...
Read Full Story »

Tight US Labor Market’s Latest Worker Benefit: Paternal Leave, Help With Childcare Costs

Employers are being forced to get creative in their efforts to attract and keep workers. The U.S. unemployment rate of 3.7% means that nearly every American who wants a job ...
Read Full Story »

US CEOs Still Leaving Their Jobs at a Near-Record Pace

The number of U.S. CEOs who lost or left their jobs in September was the second-highest of the year so far and not far behind the August total that was ...
Read Full Story »

Black Unemployment at 6%

Among the things largely lost in the new jobs report, the Employment Situation Summary for September, is that the unemployment rate for black Americans was 6%. This is what the ...
Read Full Story »

September Job Losses Second-Highest of 2018 on Wells Fargo Cuts

The outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for September, showing that a total of 55,285 job cuts were announced last month. That was ...
Read Full Story »

Unemployment Still High in Several Poor States

The unemployment rate dropped to 3.9% in August, as the economy added 201,000 jobs. The continues a trend of labor improvement that goes back to 10% levels during the Great ...
Read Full Story »