California’s minimum wage is expected to rise to $ 15.50 below inflation

California’s minimum wage is expected to rise to $ 15.50 below inflation

This post was originally published on this site LOS ANGELES – California’s minimum wage will rise to $ 15.50 an hour for employees in all companies, large and small, on January 1, 2023, under an automatic inflation trigger built into state law and never before activated, the governor’s office predicted...

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U.S. Job Growth Was Sturdy in April, Economists Forecast

U.S. Job Growth Was Sturdy in April, Economists Forecast

This post was originally published on this siteEconomists estimate the U.S. economy posted a payroll gain of 400,000 in April, despite rising interest rates, jittery stock markets and growing fears of a slowdown.

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Millions retired early during the pandemic. Many are working again, new data shows.

Millions retired early during the pandemic. Many are working again, new data shows.

This post was originally published on this siteAn estimated 1.5 million retirees have re-entered the U.S. labor market over the past year, making up for most of the excess losses since February 2020, according to an analysis of Labor Department data. Retirees report going back to work due to diminishing...

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Transformed Labor Market Puts Odds of Being Laid Off at Historic Lows

Transformed Labor Market Puts Odds of Being Laid Off at Historic Lows

This post was originally published on this siteNew claims for unemployment benefits are trending at their lowest levels since 1968, underscoring few layoffs in the tightest labor market in half a century.

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Jobless claims rise after hitting lowest level since 1968

Jobless claims rise after hitting lowest level since 1968

This post was originally published on this siteNew weekly applications for jobless aid rose last week after reaching the lowest level since 1968, according to data released Thursday by the Labor Department. In the week ending April 9, seasonally adjusted initial claims for unemployment insurance totaled 185,000, up 18,000 from...

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Jobless claims fall to 166K, lowest level since 1968

Jobless claims fall to 166K, lowest level since 1968

This post was originally published on this site New weekly claims for unemployment insurance fell to the lowest level since 1968 at the end of March, according to data released Thursday by the Labor Department. In the week ending April 2, the seasonally adjusted total of new claims for jobless...

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Biden to highlight administration’s efforts to boost trucking jobs

Biden to highlight administration’s efforts to boost trucking jobs

This post was originally published on this sitePresident Joe Biden on Monday plans to highlight the progress made on his administration’s plan to boost trucking employment in an effort to strengthen U.S.

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March Jobs Report Could Reveal Strong Hiring Momentum

March Jobs Report Could Reveal Strong Hiring Momentum

This post was originally published on this siteEconomists surveyed by The Wall Street Journal estimate that employers added 490,000 jobs in March—which would mark 11 straight months of gains above 400,000, the longest such stretch since 1939.

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Jobless Claims Edge Higher Amid Tight Labor Market

Jobless Claims Edge Higher Amid Tight Labor Market

This post was originally published on this siteNew applications for unemployment benefits, a proxy for layoffs, rose 14,000 last week, indicating a strong labor market in which employers are holding on to their workers.

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Jobless claims fall to lowest level since 1969

Jobless claims fall to lowest level since 1969

This post was originally published on this siteNew weekly applications for jobless aid fell to the lowest seasonally adjusted level since September 1969 last week, according to data released Thursday by the Labor Department.In the week ending March 19, initial claims for unemployment insurance…

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