Commentary A small business owner with whom I was speaking raised an odd point. He has many jobs open right now and advertises them. Many people apply and he clicks through on the online portal to offer interviews. Then something odd happens. He never hears from them. Maybe they took some other position. That’s what…
What’s Driving the Labor Market Mess?
July 22, 2022
admin
american workforceAnalysisBusiness & MarketsBusiness ColumnistsJobs Marketlabor force participationlabor marketOpinionrecessionU.S. economyunemploymentunemployment benefits
0 Comment
Labor Market Showing Signs of Cooling, Hourly Earning Increases Slowed: Wells Fargo
The labor market in the United States has cooled down in recent months and dropped to February 2021 levels, according to the Wells Fargo Investment Institute. In a note on Thursday, the bank said that while wage figures are varied, increases to average hourly earnings have slowed down in May after peaking in March. They added that…
Jobless Claims Dip But Stay Higher Than Forecast, Clouding Economic Outlook
New weekly filings for unemployment insurance—a proxy for layoffs—inched down by 3,000 last week, suggesting the labor market remains tight, but the number was far lower than analysts expected, in a possible sign of choppy waters ahead for jobs. First-time filings for unemployment insurance fell to 229,000 for the week ending on June 11, the…
Capitol Report (June 3): ‘Bad Feeling’ About Economy
June 3, 2022
admin
Biden administraitonCapitol ReportcommunismElon MuskEpochTVinflationjob cutsjob reportlabor marketNational SecurityteslaTiananmen Square MassacreUSUS NewsVictims of Communism
0 Comment
President Joe Biden touts May’s jobs report, even as he admits it’s overshadowed by record-high inflation. And as Elon Musk warns about the economy, Biden brushes it off. To break down the latest jobs report, and what to expect in the labor market moving forward, we’ll hear from Bankrate’s chief financial analyst. The Biden administration’s…
Capitol Report (June 3): Biden Bushes Off Musk’s Comment on Economy; Analysis: Inflation to Stay
June 3, 2022
admin
Biden administraitonCapitol ReportcommunismElon MuskEpochTVinflationjob cutsjob reportlabor marketNational SecurityteslaTiananmen Square MassacreUSUS NewsVictims of Communism
0 Comment
President Joe Biden touts May’s jobs report, even as he admits it’s overshadowed by record-high inflation. And as Elon Musk warns about the economy, Biden brushes it off. To break down the latest jobs report, and what to expect in the labor market moving forward, we’ll hear from Bankrate’s chief financial analyst. The Biden administration’s…
Capitol Report (June 3): Biden Brushes Off Musk’s Comment on Economy; Analysis: Inflation to Stay
June 3, 2022
admin
Biden administraitonCapitol ReportcommunismElon MuskEpochTVinflationjob cutsjob reportlabor marketNational SecurityteslaTiananmen Square MassacreUSUS NewsVictims of Communism
0 Comment
President Joe Biden touts May’s jobs report, even as he admits it’s overshadowed by record-high inflation. And as Elon Musk warns about the economy, Biden brushes it off. To break down the latest jobs report, and what to expect in the labor market moving forward, we’ll hear from Bankrate’s chief financial analyst. The Biden administration’s…
Jobless Claims Fall Amidst Tight Labor Market: Labor Department
The number of Americans filing for new unemployment benefit claims has decreased slightly, according to data from the U.S. Labor Department. “In the week ending May 21, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 8,000 from the previous week’s unrevised level of 218,000. The 4-week moving average was 206,750,…
US Labor Market in Spotlight as Weekly Jobless Claims Hit 4-Month High
WASHINGTON—The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, reaching a four month-high and potentially hinting at some cooling in demand for workers amid tightening financial conditions. Still, the labor market remains tight as the report from the Labor Department on Thursday also showed the ranks of the unemployed were…
Jobless Claims Climb Higher In Possible Sign of Labor Market Softening
New weekly filings for unemployment insurance—a proxy for layoffs—have risen above analysts’ expectations to a three-month high, prompting some economists to question whether the tight labor market is heading for a softer patch. First-time filings for unemployment insurance rose by 1,000 to 203,000 for the week ending on May 7, the Labor Department said in…
Job Openings and Quits Hit Record Highs as Hiring Woes Continue
May 3, 2022
admin
Business & EconomyeconomyinflationInvestmentjob openingslabor marketMarketspersonal financequitsUSUS News
0 Comment
A record number of American workers quit their jobs as of the last business day in March while the number of job openings rose to an all-time high, pointing to a tight labor market as businesses struggled to hire enough workers to meet demand. The Labor Department said in its monthly Job Openings and Labor Turnover…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`