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
