Black Unemployment 86% Higher Than White
The unemployment rate of black Americans was again sharply higher than among white Americans, according to the February data released by the Bureau of Labor Statistics.
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February Employment Numbers Blow Away Expectations
The markets got their February unemployment numbers Friday morning, and they blew away expectations.
The Cost of March Madness: $2.3 Billion per Hour
NCAA March Madness begins next week and millions of working Americans will be sneaking a peek at the games during work hours. This costs employers money, but may also be an opportunity.
February Job Cuts Plunge
The modest level of announced job cuts by large companies in February is historic, according to Challenger, Gray & Christmas.
Strong ADP Payrolls on Wednesday Set Stage for Strong Labor Department Report on Friday
The markets still look closely at the ADP National Employment Report as a barometer for how strong each monthly private sector payrolls report will look.
Women Need One More Degree to Match Men’s Pay
A new study indicates that the pay gap between men and women is closing, but women still have more hurdles to overcome than men even to get close to the same income.
Idle Hands Not Only the Devil’s Workshop; Cost $100 Billion Annually
Involuntary employee idle time costs U.S. companies $100 billion a year. The solution may not be to try to wring more work out of fewer people though.
January Layoffs Up 38% Year Over Year, Down 3% Month Over Month
Outplacement firm Challenger Gray & Christmas reported that January job cuts fell nearly 3% year over year, with more than a third of the losses in the retail sector.
The 5 Best Jobs in America for 2018
What are the best jobs available to job seekers this year? If you're looking, job site Glassdoor has a list of the 50 best jobs for 2018 based on salary, satisfaction, and number of…
2017 CEO Departures Lowest Since 2004
The number of CEOs who left their jobs last year was the lowest since 2004. Many stayed with the company in other roles and many retired. A total of 11 were replaced following allegations…
December Hiring Up 24% Year Over Year: LinkedIn
American workers are generally moving to cities with warmer weather and so are jobs. LinkedIn published its December report Friday morning.
Happy New Year From Allergan: You’re Fired
Botox maker Allergan said Wednesday that it is firing 1,000 employees and eliminating about 400 unfilled job openings as it tries to make good on a promise to cut up to $400 million in…
4.5 Million US Workers Get Wage Increases on January 1
Increases to the minimum wage takes effect in 18 states beginning January 1. Some 4.5 million Americans will get pay increases ranging from $0.04 to $1.00 an hour.
Is Now the Best Time to Be a Temporary Worker and in the Gig Economy?
In a world where the labor force penetration rate is still incredibly low, maybe being a temporary worker is the best idea.
Unemployment and Payrolls Remain Strong in November
The U.S. Department of Labor showed yet another strong payrolls and unemployment report. The official unemployment rate for November is at a 17-year low.