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...
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“The April employment report throws a bit of cold water on that idea.” Despite the cooldown, economists largely avoided alarm over the potential emergence of a weak jobs market. "The April jobs report feels really good," Mark Zandi, chief economist at Moody's Analytics, sai...
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. ...
April’s employment report will provide a bleak look at the swift collapse of the U.S. economy, which is expected to have lost a record 21.5 million jobs last month and driven the unemployment rate to 16%. The report, released at 8:30 a.m....
Mortgage rates tumbled on Friday to their lowest since April 2023 after aweak jobs reportsent bond yields sharply lower and boosted Wall Street's expectations for an interest rate cut from the Federal Reserve at its September meeting. The average rate for a 30-year fixed mortgage dropped 0....
Apr 12, 2023 1:31 PM CDT Chinese gamers criticize Tencent, NetEase and miHoYo for using 'cheap' AI artAI is accelerating quickly and has already impacted multiple video game illustrator jobs, but Chinese gamers see past the subterfuge and reject AI art.Apr 12, 2023 4:04 PM CDT New Xbox...
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% ...
“The second quarter averages the fewest cuts of the year, according to our historical tracking. With the favorable jobs report from the Bureau of Labor Statistics in March, this could signify companies are slowing down plans to cut workers for the spring and summer months,” said ...