The unemployment rate in the United States is set to worsen further as businesses are predicted to add fewer workers in the course of this year based on a quarterly Economic Indicator poll by Bankrate. The U.S. unemployment rate is expected to be at 4.6 percent a year from now, according to survey results published…
US Expected to See More Unemployment and Slower Hiring This Year
January 5, 2023
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Business & Marketsbusiness outlookeconomic policieseconomic recessioneconomyFed Rate Hikejob cutsrecessionU.S. unemployment rateUS
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More Americans May Lose Jobs Around Christmas Time
The trend of rising job cuts seen in the past few months could accelerate in December and January, which are usually seen as the peak period of job cuts. An analysis of data from the Bureau of Labor Statistics (BLS) by the Wall Street Journal shows that December usually ranks at the second spot when…
ADP Jobs Report Below Expectations, as Employers Added 127,000 Positions in November
December 1, 2022
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ADP National Employment ReportBusiness & Marketseconomyinflationjobs reportrecessionU.S. unemployment rateUS
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Private sector employment grew in the United States at a slower pace than expected in November, according to the recent ADP National Employment Report. In total, the private sector added 127,000 jobs this month, up 7.6 percent year over year, according to an ADP press release on Nov. 30. This is the smallest job creation number since…
Job Openings Decline in May but Remain at Elevated Levels
July 7, 2022
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Business & Marketseconomic recessioneconomyhigh inflationhiresinflationjob openingsjob vacanciesrecessionU.S. unemployment rateUSUS News
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U.S. employers posted fewer jobs in May, signaling a weakening economy despite the fact that job openings continue to remain at high levels. “On the last business day of May, the number and rate of job openings decreased to 11.3 million (-427,000) and 6.9 percent, respectively. The largest decreases in job openings were in professional…
US Unemployment Claims Fell Last Week To 54-Year Low
Filings for initial unemployment claims in the United States, dropped 5,000 for the first-time last week, for a seasonally adjusted total of 166,000, the lowest level since 1968, according to a report from the Labor Department on April 7. The previous week’s report was revised down from 202,000 to 171,000 claims for the week ending…
US Unemployment Claims Fell Last Week to 53-year Low
Filings for initial unemployment claims in the United States, dropped 5,000 for the first-time last week, for a seasonally adjusted total of 166,000, the lowest level since 1968, according to a report from the Labor Department on April 7. The previous week’s report was revised down from 202,000 to 171,000 claims for the week ending…
Unemployment Claims in US Rise Slightly to 206,000
The Labor Department announced on Dec. 16, that Americans filing for unemployment benefits rose as the labor market hit a slight bump in its recovery from last year’s CCP (Chinese Communist Party) virus pandemic. Jobless claims rose to 206,000 last week by 18,000, bouncing off of the prior week’s 52-year low, which was higher than the estimated…
US Jobless Claims Tick Down to 411,000 as Economy Heals
WASHINGTON—The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving. The Labor Department said Thursday that jobless claims declined just 7,000 from the previous week to 411,000. The number of weekly applications for unemployment aid has fallen steadily this year from about 900,000…
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