Private sector employment in the United States rose by a forecast-beating 534,000 jobs in November, according to the Automatic Data Processing (ADP) Research Institute, with the solid number coming despite one of the worst worker shortages in decades and rising inflation. The numbers however, show a small decline from October, when companies added 571,000 new positions….
Private-Sector Job Growth Beats Forecasts in November With 534,000 New Positions Added
US Employment Costs Rise Modestly in Fourth Quarter
SILVER SPRING, Md.—Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy. Total U.S. workers compensation rose 0.7 percent in the October-December quarter, an increase over the previous two quarters, the Labor Department…
US Employment Costs Rose Modestly in Fourth Quarter
SILVER SPRING, Md.—Wages and benefits for U.S. workers rose in the last quarter of 2020, putting the entire year in somewhat of a normal range as the pandemic continued to rankle the economy. Total U.S. workers’ compensation rose 0.7 percent in the October-December quarter, an increase over the previous two quarters, the Labor Department said on…
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