• Strong Jobs Numbers Put Dow in a Sour Mood

    US job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday. But layoffs... Go to Source Author:

    Posted at July 7, 2023 | By : | Categories : Quick Facts | 0 Comment
  • In China, 35 Is an Age to Be Feared

    Forty might be the dreaded age at which you're over the hill, but take comfort: In China, 35 is apparently the age to fear. The New York Times reports on the "Curse of 35," which it calls a "widespread belief" that Chinese workers lose their appeal after 35. Age discrimination... Go to Source Author: Kate Seamons

    Posted at June 29, 2023 | By : | Categories : Quick Facts | 0 Comment
  • Jobs Report Comes in Way Stronger Than Expected

    The new jobs report is out, and it shows that American employers continue to hire workers at a pace that defies expectations, reports the Wall Street Journal . More: New hires: Employers added 339,000 jobs in May, well above predictions of 190,000. Economists keep expecting to see a sharp... Go to Source Author: John Johnson

    Posted at June 3, 2023 | By : | Categories : Quick Facts | 0 Comment
  • Unemployment Hasn’t Been This Low Since 1969

    America’s employers added a robust 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation, and a banking crisis that could weaken the economy. The unemployment rate ticked down to 3.4%, matching a 54-year low from 1969,... Go to Source Author:

    Posted at May 6, 2023 | By : | Categories : Quick Facts | 0 Comment
  • New Jobs Numbers May Keep Pressure on Fed

    America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation, per the AP . The number was above expectations of 208,000. Rate: The unemployment rate rose to 3.... Go to Source Author:

    Posted at March 11, 2023 | By : | Categories : Quick Facts | 0 Comment