Jobless claims up 23K in first week of January

Jobless claims up 23K in first week of January

This post was originally published on this siteNew weekly claims for jobless benefits jumped by 23,000 during the first full week of January, according to data released Thursday by the Labor Department. In the week ending Jan. 8, seasonally adjusted initial claims for&…

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Possible US job boom in December lynchpin to Fed rate hikes

Possible US job boom in December lynchpin to Fed rate hikes

This post was originally published on this site The American economy likely saw strong job gains in the final month of 2021, which could shorten the timeline for the US central bank to raise interest rates. The Federal Reserve has been setting the stage to increase borrowing costs more aggressively...

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Great Resignation: The number of people quitting jobs hit all-time high in November as openings stayed near record

Great Resignation: The number of people quitting jobs hit all-time high in November as openings stayed near record

This post was originally published on this siteThe number of people who quit their job hit a record of 4.5M in November as the Great Resignation rolled on. Job openings stayed high at 10.6M.     

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Job Openings on Track for New High Ahead of Omicron Wave

Job Openings on Track for New High Ahead of Omicron Wave

This post was originally published on this siteThere were 12 million job openings in the U.S. at the end of December, according to estimates. And the number of available workers continues to lag behind job postings.

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Economy, job growth set to slow but remain strong in 2022 as worker shortages persist and inflation, supply snarls ease along with COVID

Economy, job growth set to slow but remain strong in 2022 as worker shortages persist and inflation, supply snarls ease along with COVID

This post was originally published on this siteEconomy, job growth are set to slow but remain strong in 2022 as worker shortages persist and inflation, supply bottlenecks abate along with COVID     

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Jobless Claims Trending Near Historic Lows Despite Omicron Concerns

Jobless Claims Trending Near Historic Lows Despite Omicron Concerns

This post was originally published on this siteEconomists estimate new unemployment applications in the week ended Dec. 18 held just above a five-decade low, but say layoffs could pick up in the weeks ahead.

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Jobless Claims Likely Remained Near Decades Low

Jobless Claims Likely Remained Near Decades Low

This post was originally published on this siteU.S. employers are trying to hold on to their employees, facing a tight labor market as millions of workers quit their jobs.

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Number of Americans quitting jobs reached record high in September

Number of Americans quitting jobs reached record high in September

This post was originally published on this siteThe number and percentage of U.S. workers voluntarily leaving their jobs reached an all-time high in September, according to data released Friday by the Labor Department.Roughly 4.4 million U.S. workers quit their jobs in September and the quits…

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Private payrolls added 571K in October, beating expectations

Private payrolls added 571K in October, beating expectations

This post was originally published on this siteU.S. private sector businesses added 571,000 workers in October, according to a Wednesday report released by payroll processor ADP, beating market expectations.Economists expected U.S. private payrolls to add roughly 400,000 last month as the U.S….

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