Jobs creation rebounded last month with U.S. employers adding 261,000 in October. This resulted in the unemployment rate dropping to 4.1%, its lowest level since December 2000.
However, this was not a totally joyful scenario according to most economists, who expected 315,000 new jobs last month.
Unfortunately, as I shared … Read More
One of the major tools governments are now employing to recruit new jobs, companies and industries is “cash incentives.” This was a major part of Wisconsin’s successful $3 billion recruitment effort of technology giant Foxconn Technology Group that won over other more lucrative recruiting efforts such as Michigan’s 27% … Read More
The Labor Department reported this morning that U.S. employers lost 33,000 jobs last month. This was their first loss in seven years ending a streak of 83 straight months of adding new jobs, which was the longest stretch of job growth ever! Additionally, workers’ wages only gained 12 cents, or … Read More
As I shared in my last article, the Labor Department reported in their most recent jobs report that employer recruiting increased in April with 211,000 new hires. This caused the unemployment rate to fall to 4.4%, its lowest level in nearly a decade! One area that exemplifies this hiring growth … Read More
Yesterday, President Obama signed the 21st Century Cures Act, which not only improved healthcare conditions for most Americans, but also will ramp up R&D (research and development), scientific, engineering, IT (information technology) and manufacturing jobs and technical healthcare breakthroughs. This will create have the side benefit of creating many … Read More
178,000 new jobs created: 74th straight month of jobs creation
American employers hired additional 178,000 non-farm workers in November. This led to the unemployment rate dropping to 4.6%, which was its lowest level in nine years! Additionally, two other jobs reports point to an improved talent and wages picture.
Strong Manufacturing And Technology … Read More
161,000 new jobs created: 73rd straight month of jobs creation.
The Labor Department reported this morning that 161,000 jobs were created last month. This was the 73rd straight month of jobs creation! Additionally, September’s jobs figures were again revised upward to 191,000.
Strong Jobs And Wages Gains
The strong jobs … Read More
Labor Department: Only 38,000 new jobs created.
The Labor Department announced today that hiring decelerated to its slowest pace in more than five years in May. Nonfarm payrolls rose by only a seasonally adjusted 38,000 in May. This was its weakest performance since September 2010. Their revisions also showed employers … Read More
Labor Department: 160,000 new jobs created in April
The overall U.S. jobs market declined in April. This was a strong sign that employers are getting worried that the economy will slow next year.
The Labor Department reported Friday that non-farm payrolls rose by only a seasonally adjusted 160,000 in April. … Read More
Many signs point to a surge in hiring. One of the best metrics confirming this trend is the number of U.S. job openings, which rose to their highest level ever in April (most recent figures) at 5,400,000 according to the Labor Department’s latest Job Openings and Labor … Read More
