The Jobs Openings and Labor Turnover Survey showed postings fell by more than 1.1 million compared to a year ago, and were at 1.3 openings to available workers. The openings rate as a share of the total labor force fell to 5.1%, a decline of 0.2 percentage points. Also, the report indi...
Luis Mora stands in front of the closed offices of the New York State Department of Labor on May 7, 2020 in Brooklyn, New York City. Stephanie Keith | Getty Images April’s jobs report will be horrific, and with the worst job losses ever, it...
a recent jobs report from the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) shows that more employees hung up Zoom and returned to the workplace in April. According to April figures, the number of teleworkers declined to 18.3%, marking a nearly 3% decrease from the prior ...
April jobs report: Unemployment is below 4% for the first time since 2000CNN Money
A 'Mornings with Maria' panel reacts to the March jobs report, the Fed's expected rate cuts, inflation, A.I. stocks and Biden's 2025 budget proposal. Job growth sputtered in April as many industries like manufacturing and leisure and hospitality pulled back on hiring. ...
Today's strong jobs report should help the market sustain its positive momentum of the last two weeks. Driving this market turnaround has been the realization that the U.S. economic recovery was on firmer footing and more than capable of withstanding the
Employers sped up hiring in April, adding a healthy 253,000 jobs in sign the tight labor market continues to propel the U.S. economy despite stubbornly high inflation and banking industry turmoil. Economists had expected payroll gains of 180,000. The nation's unemployment rate fell to 3.4% ...
ATLANTA (AP) — Georgia's unemployment rate continued to hover at a record low of 3.1% in April as more people continued to find jobs. The jobless rate was unchanged from March, when it set a new all-time low. A year ago, 4.3% of Georgia workers were unemployed. More tha...
“It is encouraging to see a strong jobs report amid recession concerns, instability in the banking sector and ongoing layoffs,” said Steve Rick, chief economist at CUNA Mutual Group. “We are hopeful the continued strength of the jobs market and signs of slowing inflation will ease market vo...
However, the April jobs report was surprisingly weak, as the U.S. economyadded a less-than-expected 266,000. The unemployment rate rose slightly to 6.1% as about 430,000 people rejoined the labor force. “Labor force participation is at its highest point since last August and...