Blog
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Jobs Report Is Much Better Than Expected
American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped to 4.3%. The Labor Department reported Friday that hiring marked a rebound from the loss of 133,000 jobs in February, the AP reports. The February loss... Go to Source Author:
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Jobs Report Comes in Unexpectedly Weak
American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%, the AP reports. The Labor Department reported Friday that hiring deteriorated from January, in which companies, nonprofits, and government agencies added 126,000 jobs.... Go to Source Author:
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GDP Comes In Much Weaker Than Expected
Economic momentum took a clear hit at the end of last year, with the record-long government shutdown and a slowdown in consumer spending taking the blame. New data from the Commerce Department shows the US economy expanded at a 1.4% annual rate in the fourth quarter—barely more than... Go to Source Author: John Johnson with Newser.AI
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Tight Job Market Births ‘Reverse Recruiters’
Job hunting has gone pay-to-play. The Wall Street Journal reports that as white-collar hiring freezes spread and applicant pools swell, a growing number of candidates are now paying recruiters directly—reversing a system in which employers traditionally footed the bill to find talent. "Reverse recruiters" pitch themselves to job seekers... Go to Source Author: Tim Karan with Newser.AI
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Young Workers’ Job Woes Aren’t All in Their Heads
Landing that first "real" job is getting tougher for new grads—and the data suggests it's not just in their heads. The Washington Post reports that as employers grow more cautious in an uncertain economy and AI reshapes roles, they're increasingly favoring experience over potential. Revelio Labs finds the typical... Go to Source Author: Kate Seamons with Newser.AI
