unemployment

How to Fill the 7.35 Million Job Openings in America

Posted: August 6, 2019 at 11:20 am

After last week's unemployment and payrolls report for July, the U.S. Department of Labor has released its monthly Job Openings and Labor Turnover Survey. The report is for June, as ...
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Black Unemployment Rates 82% Higher Than White

Posted: August 3, 2019 at 8:30 am

Most experts believe that the July jobless report showed some pressure on the economy due to trade wars, especially with China. The unemployment rate was steady at 3.7% compared to ...
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Will July Employment Report Lift Hopes of Further Fed Rate Cuts?

Posted: August 2, 2019 at 9:45 am

Friday's key economic data point came from the Bureau of Labor Statistics (BLS) employment situation report for July. The unemployment rate remained unchanged at 3.7% and the U.S. economy added ...
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So Far in 2019, US Has Lost 43% More Jobs Than This Time Last Year

Posted: August 1, 2019 at 9:33 am

Outplacement firm of Challenger, Gray & Christmas on Thursday released its job-cuts report for July. It shows that a total of 38,845 planned U.S. job cuts were announced last month, ...
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ADP Sets Soft Trend for Friday’s Payroll Report From the Labor Department

Posted: July 3, 2019 at 10:20 am

Each month's ADP employment report gets to act as a preview and bias-setting event for the U.S. Department of Labor's report on payrolls and national unemployment. The numbers are never ...
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Small Biz Employment Trends Soften in June, but Wage Pressures Continue to Rise

Posted: July 2, 2019 at 10:10 am

It's still too soon to call the U.S. Department of Labor's unemployment situation report due this Friday, but the Paychex and IHS Markit report called the Small Business Employment Watch ...
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Careful What You Wish For: Weak May Payrolls Meet Lower Revisions for April and March

Posted: June 7, 2019 at 10:00 am

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

Posted: June 5, 2019 at 10:25 am

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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Consumer Confidence Unwavering Despite China Trade War

Posted: May 29, 2019 at 9:20 am

Despite trade tensions with China in the past few weeks, consumer confidence is relatively high, according to the Conference Board. In fact, the numbers are near an 18-year high after ...
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April Showers Means More Jobs for the Economy

Posted: May 3, 2019 at 10:10 am

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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Why Friday’s Employment Report Has to Be Strong

Posted: May 1, 2019 at 1:55 pm

It is an interesting time in the financial markets. The U.S. stock indexes are basically at or close to all-time highs, but the Federal Reserve tilted its tightening bias to ...
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Weekly Jobless Claims and Retail Sales Bring Stocks Back Up on Thursday

Posted: April 18, 2019 at 9:25 am

Thursday will mark the start of a three-day weekend for millions of Americans who will be out for Good Friday, but the economic reports and earnings are coming out either ...
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Black Unemployment Rates at 76% Above National Average

Posted: April 6, 2019 at 8:30 am

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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March Payrolls and Unemployment Act as a Goldilocks Report for the Economy

Posted: April 5, 2019 at 9:50 am

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

Posted: April 4, 2019 at 10:47 am

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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