Some wins for US labor, but big picture stays tough

Some wins for US labor, but big picture stays tough

This post was originally published on this site Lauded by President Joe Biden and bolstered by recent triumphs at Starbucks, the US labor movement has had reasons to cheer as attention focuses on upcoming unionization votes at Amazon. But those bright spots do not change an overall picture that is...

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U.S. Jobless Claims Fall Amid Tight Labor Market

U.S. Jobless Claims Fall Amid Tight Labor Market

This post was originally published on this siteInitial jobless claims, a proxy for layoffs, fell to a seasonally adjusted 232,000 last week, as Covid-19 cases continued to decline.

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January Jobs Report May Disappoint. It Is Sure to Perplex.

January Jobs Report May Disappoint. It Is Sure to Perplex.

This post was originally published on this siteOmicron’s impact is likely to be reflected unevenly in the data, and normal seasonal patterns may have been upended.

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Full Recovery in Global Labor Market Could Take Years

Full Recovery in Global Labor Market Could Take Years

This post was originally published on this siteThe U.S. labor market is nearing, or may already be, at full employment, but a United Nations agency said that is far from true in many other parts of the world, with the Omicron variant of the Covid-19 virus is likely stretching out...

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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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Record-High Job Openings Persist in Tight Labor Market

Record-High Job Openings Persist in Tight Labor Market

This post was originally published on this siteThere were more than 11 million job openings in early November, according to jobs site Indeed, well above the number of unemployed workers.

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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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Jobless Claims Likely Held Near Low Levels

Jobless Claims Likely Held Near Low Levels

This post was originally published on this siteEconomists expect a Labor Department report to show that filings for unemployment benefits remained near a pandemic low last week as employers contend with a tightening labor market.

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Labor shortage, inflation pose political obstacles for Biden

Labor shortage, inflation pose political obstacles for Biden

This post was originally published on this siteMillions of Americans have yet to return to work after dropping out of the labor market amid the onset of the pandemic, posing serious political obstacles for President Biden as he rushes to cement his economic agenda. Though the U.S. economy…

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Tight Labor Market Keeping Jobless Claims in Check

Tight Labor Market Keeping Jobless Claims in Check

This post was originally published on this siteEconomists estimate unemployment applications fell to near a pandemic low.

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