Blog
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Wages Rise at Fastest Pace in Nearly a Decade
The last unemployment report before the midterms is a strong one. Employers added 250,000 jobs in October, above the forecast of 188,000, reports the Wall Street Journal . The unemployment rate itself remained at a five-decade low of 3.7%, per the AP . The influx of new job-seekers in... Go to Source Author:
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Unemployment Rate Parties Like It’s 1969
US employers added just 134,000 jobs in September, the fewest in a year and short of the 180,000 forecast, reports the Wall Street Journal , though the figure was likely lowered by Hurricane Florence. Even so, the unemployment rate fell to 3.7%, the lowest level since 1969. Florence... Go to Source Author:
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How the Fed Might Respond to August’s Strong Jobs Report
Hiring picked up in August as US employers added a stronger-than-expected 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's conflicts with trading partners, per the AP . The Labor Department says the unemployment rate remained 3.9%, near an 18-year low.... Go to Source Author:
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No Experience or Degree? You’re Hired
It's a job-seekers' market, apparently. With unemployment low , the Wall Street Journal reports that employers in a wide range of fields around the US are loosening up on job requirements in order to fill positions. For those without a college degree or experience in a particular field, it means the... Go to Source Author: Newser Editors
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Unemployment Rate Hasn’t Been This Low Since April 2000
May ushered in an 18-year low as far as the unemployment rate goes, with 223,000 jobs added and the jobless rate sinking to 3.8%. That's better than expected: Economists had anticipated a gain of 190,000 jobs and for the unemployment rate to hold at 3.9%. May's... Go to Source Author: Newser Editors
