Tag: economy
US job openings at 14-year high
U.S. employers advertised the most job openings in nearly 14 years in November, the Labor Department said Tuesday. Employers have been slow to fill their openings for most of the recovery, but that started to change last year as companies ramped up their overall hiring.
Trade, employment data boost U.S. economy’s fundamentals
The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates.
It’s a dirty job trying to unravel the fed’s employment report
Let’s start with the unemployment rate. It’s a nonsense number. It’s a figure that should be written on what is euphemistically called “bathroom tissue.”
Wages stagnate despite improved economy
Unemployment is down to 6.1%, layoffs are way down and 2.5 million jobs were added over the past year, according to The Associated Press. Despite these strong numbers, hourly pay has increased only 2%. The disparity may be due to the number of people searching for full-time employment, experts say.
‘Mediocre’ US economy’s missing link
If this turning point comes, the U.S. may soon see the fortunes of middle- and lower-class workers rising.
U.S. economy, though sluggish, may now be sturdier
Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.
Key ways the US job market has changed since 2007
Fifty-one months after the Great Recession hit in December 2007, the economy is back to 138.5 million jobs, the government said Friday. But 6 1/2 years later, nearly everything about the job market is different.
U.S. soon to recover all the jobs lost in the financial crisis
The U.S. economy is set to recover all the 8.7 million jobs lost in the crisis.
Texas led the nation’s private-sector job growth in April
Once again, Texas led the nation’s private-sector job growth in April, adding 29,080 private-sector jobs, according to monthly estimates released today by ADP payroll processor. The state added a less-than-expected 9,100 total jobs in March, but that number probably will be revised next week.
Americans still sour on the economy despite falling unemployment
Americans’ assessment of the economy appears to be at odds with official unemployment statistics. But looking more deeply at job openings, hires and quits can help explain the disconnect.
Spring expected to usher in strong U.S. job growth
U.S. employment likely rose at its fastest clip in five months in April and the jobless rate probably dropped in a show of strong economic momentum after a gloomy winter.
Tight Job Market in U.S. Cities Prompts Higher Pay
To hire 10 to 15 project coordinators this year, Sabre Commercial Inc. has boosted pay 10 percent and added a 401(k) retirement plan.
Employers add 192,000 jobs in March
Employers added 192,000 jobs in March and the unemployment rate was unchanged at 6.7%.
Upcoming jobs report to show if economy is ready to rock
The U.S. employment report for March is expected to show a bigger pop after mediocre gains in the prior three months. A larger increase would soothe investors and uphold the widely held belief that harsh weather is the cause of slower hiring. Yet another subpar month of job creation would sow fresh anxiety that the pace of economic growth has slowed again.
Employment Growth Will Soon Average 200,000 Jobs
Nonfarm Payrolls will soon exceed an average of 200,000 jobs added as productivity begins to slow.