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Economists polled by Reuters had forecast 230,000 claims for the latest week. They had jumped 17,000 in the prior week. Claims have entered a period of volatility, which could see large swings in ...
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U.S. employers added 227,000 jobs last month, a rebound from a hurricane-impacted slowdown in October, but the unemployment rate ticked back up to 4.2%, the Labor Department's monthly read on the ...
The median-age of male was increased from 34 years old to 37.2 years old. In addition, baby-boomer numbers increased which meant more people over 65 years old, and fewer people who were of labor age. With these numbers, even though the labor force participation rate remained same, the aging in population still could affect and drag the LFPR down.
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Last week, the government reported that U.S. job openings rebounded to 7.7 million in October from a 3 1/2 year low of 7.4 million in September, a sign that businesses are still seeking workers ...
The bill would have amended the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to $10.10 per hour over the course of a two-year period. [168] The bill was strongly supported by President Barack Obama and many of the Democratic Senators, but strongly opposed by Republicans in the Senate and House.
Compared to the prior year, wages rose 4% in November, more than than 3.9% that had been forecast. Meanwhile, the labor force participation rate fell to 62.5% in November, down from 62.6% in October.