Blog
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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
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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:
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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:
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Latest Jobs Report Pleases the Markets
Hiring cooled off a bit in December from the previous month, though the numbers reflect a still-strong labor market. Another part of Friday's unemployment report—on wage gains—has the stock market in a pretty good mood: Hires: Employers added 223,000 jobs in December, slightly above expectations of 200,... Go to Source Author: John Johnson
