Employers Add 253,000 Jobs in April
WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.
VinFast Cuts About 80 Jobs in North America, Including US CFO
Electric vehicle maker VinFast has cut about 80 jobs in North America, including its U.S. chief financial officer, raising questions about the health of the Vietnamese company ahead of a possible stock listing.
January Hiring Burst Stuns Economists as Market Adds 517,000 Jobs
The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.
Jobless Aid Filings Lowest Since April 2021
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve.
Employers Added 528,000 Jobs in July
WASHINGTON — America’s hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession.
House Panel Approves WIOA Bill
Legislation meant to facilitate access to employment opportunities and training for certain job seekers recently was approved by a U.S. House panel.
US Adds Fewer Jobs Than Forecast; Unemployment Rate Falls
U.S. employers added fewer jobs in December than forecast, while the jobless rate fell below 4% and wages jumped, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest rate liftoff as soon as March.
IHS Markit Services Employment Gauge Dips Into Contraction
A gauge of employment in U.S. service industries pointed to job losses for the first time in almost a decade, adding to signs of a cooling labor market.
Employment Costs Rise 0.7% in First Quarter
U.S. employment costs held up at a steady pace in the first quarter as wages firmed, signaling some buildup of inflationary pressures that could still spur pickups in otherwise-muted price gauges.
250,000 Jobs Added; Pay Growth Fastest Since 2009
WASHINGTON — The final major economic report before the Nov. 6 congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade.