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New economic data showed showed hiring in the US labor market continues to slow, but layoffs remain low. Data from ADP Wednesday morning showed 122,000 private payrolls were added in December ...
WASHINGTON (Reuters) -U.S. job openings unexpectedly increased in November while hiring softened, suggesting the labor market continued to slow at a pace that probably does not require the Federal ...
A "Now Hiring" sign is seen at a FedEx location on E 42nd Street on June 7, 2024, in New York City. (Michael M. Santiago/Getty Images) (Michael M. Santiago via Getty Images) Josh Schafer is a ...
“2024 captured a very stable labor market, a labor market where supply and demand were in balance for the first time, post-pandemic,” Nela Richardson, chief economist at payroll company ADP ...
Federal, state and local governments added 33,000; professional business services, 26,000; and manufacturing, 22,000. But retail lost 28,000 jobs after seasonal adjustments, a sign that holiday ...
The US labor market entered a new gear in the second half of 2024. Low-hire, low-fire. "We are in a 'low-hire, low-fire' environment," Bank of America's lead economist Aditya Bhave said in a note ...
The number of Americans filing new claims for jobless benefits fell last week, unwinding nearly half of the jump at the start of the month, indicating that labor market conditions remain fairly ...
New data from the Department of Labor showed 213,000 initial jobless claims were filed in the week ending Nov. 16, down from 219,000 the week prior and below the 220,000 economists had expected.