jobs News Updates

Hiring dropped from a revised 133,000 in August, the Labor Department reported. The unemployment rose to a still-low 4.2% from 4.1% in August.

U.S. job openings slid to 7.08 million from a revised 7.34 million in July, the Labor Department reported Sept. 29. Openings were the lowest since they hit 6.9 million in March.

Panelists stressed that while carriers that move early can gain a competitive advantage, workforce concerns remain a critical part of implementation.

U.S. job growth in manufacturing, construction and other goods producers is outpacing that of the larger services economy.

Labor Department revisions added 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they’d cut 23,000.

In addition, Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market.

President Donald Trump argued that his economic policies have revived the auto industry and American manufacturing during a July 27 visit to Michigan.

Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months, according to Bureau of Labor Statistics data released July 2.

The figures support the view that the labor market has strengthened after several months of uneven hiring, as job openings have risen and layoffs remain low.

Rivian Automotive is cutting hundreds of jobs as part of a push to reduce costs while it rolls out a new line of electric vehicles.