Blog
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For Trump, It’s Obviously #1. Others Predict Disaster
Record job growth. Historic low unemployment. Rising wages. Even the Washington Post —hardly President Trump's biggest backer—is breathless over the US economy, but some experts are wondering whether the party can last. First, the good news: Employers tacked on 263,000 new jobs in April and US unemployment sank... Go to Source Author: Neal Colgrass
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Unemployment Is Now at a 50-Year Low
The monthly jobs report is out, and it's another strong one. Employers added 263,000 jobs in April, solidly above expectations of about 181,000, per the AP . What's more, the unemployment rate ticked down to 3.6% from 3.8% and is now the lowest it has been since... Go to Source Author:
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Restaurant Chain Tries ‘Big Thing’ to Entice Workers
A burger chain is grappling with America's tight labor market by trying something new: the four-day work week, Bloomberg reports. Randy Garutti, CEO of Shake Shack Inc, says he hopes to entice workers amid the country's nearly five-decade low in unemployment. "Here in Las Vegas, in some of our Shacks,... Go to Source Author: Neal Colgrass
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Economists Expected 180K New Jobs. Not Even Close
Economists had expected 180,000 new jobs in February. Not even close: Hiring tumbled as US employers added just 20,000 jobs last month, the fewest in nearly a year and a half. The Labor Department says the unemployment rate fell to 3.8% from 4%. Businesses stepped up their... Go to Source Author:
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Unemployment Rate Rises, but That May Be Good News
US employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth, and a partial shutdown of the federal government, per the AP . The figure is far higher than the... Go to Source Author:
