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The decline in job openings reflects a labor market that has slowed back to a pre-pandemic pace after experiencing years of blockbuster growth: The rate of openings as a percentage of total ...
U.S. hiring bounced back in November with employers adding 227,000 jobs as the adverse toll on payrolls from two Southeast hurricanes and worker strikes largely reversed. The unemployment rate ...
The report followed news this week that job openings jumped in August and first-time applications for unemployment benefits remained low in September. ... 525 basis points to the current 5.25%-5. ...
The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Openings ...
Data from the Bureau of Labor Statistics released Friday showed 227,000 new jobs were created in November, just above the 220,000 expected by economists. The unemployment rate increased to 4.2% ...
For decades, most of the job growth in America has been in low-wage, low-skilled, temporary and short-term jobs. The United States simply produces fewer and fewer of the kinds of jobs our parents had. This explains why the rates of “under-employment” among high school and college grads were rising steadily long before the recession.
In 2014, university graduates from the U.S. were often unable to find a job requiring a degree; 44% could only find service jobs such as barista positions that do not require postsecondary education. [1] Underemployment is the underuse of a worker because their job does not use their skills, offers them too few hours, or leaves the worker idle. [2]
The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool. The economy added a staggering 254,000 jobs in September, according to Friday data ...