Blog
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Employers Add Fewer Jobs Than Expected
US employers added 187,000 jobs last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient, per the AP . Hiring was up from 185,000 in June,... Go to Source Author:
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New Jobs Report Suggests Rate Hike Is a Safe Bet
America's employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs in a sign that the economy's resilience is confounding the Federal Reserve's drive to slow growth and inflation, per the AP . The latest evidence of economic strength makes it all... Go to Source Author:
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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:
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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
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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
