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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 ...
The American labor market has cooled from the red hot hiring of 2021-2023. Employers added 180,000 jobs a month in 2024 through November, not bad but down from 251,000 in 2023, 377,000 in 2022 and ...
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 ...
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market, though a slowdown in hiring ...
And this current labor market is also becoming historic: With November’s gains, the US has added jobs for 47 consecutive months, making it the third-longest period of employment expansion on record.
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 applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading into the final stretch of 2024.