Quick Facts

  • 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
  • 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

    Posted at January 8, 2023 | By : | Categories : Quick Facts | 0 Comment
  • 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

    Posted at January 8, 2023 | By : | Categories : Quick Facts | 0 Comment
  • Hiring Is Again Stronger Than Expected

    The latest jobs report came in stronger than expected, which may not be great news for investors hoping the Fed eases up on rate increases. As the AP puts it, "the economy remains a picture of solid job growth and painful inflation." The details: New jobs: Employers added 261,000... Go to Source Author: John Johnson

    Posted at November 5, 2022 | By : | Categories : Quick Facts | 0 Comment
  • 263K Jobs Added Last Month, Plus a Surprise Dip

    America's employers slowed their hiring in September but still added a solid 263,000 jobs—a dose of encouraging news that may mean the Federal Reserve's drive to cool the job market and ease inflation is starting to make progress. Friday's government report showed that last month's job growth was... Go to Source Author:

    Posted at October 8, 2022 | By : | Categories : Quick Facts | 0 Comment
  • US Jobs Streak Now at 20 Months and Counting

    The new monthly jobs report is out, and it shows that employers are continuing to hire, though at a slower pace than in recent months: The number: Employers added 315,000 jobs in August, almost exactly in line with expectations. That's down from 528,000 in July and the average... Go to Source Author: John Johnson

    Posted at September 3, 2022 | By : | Categories : Quick Facts | 0 Comment