U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates.
The report also showed modest revisions. Job gains for March were revised down by a total of 5,000 jobs to 310,000, the government said, while April's gain also came in slightly lower at 165,000 jobs. The labor market has remained historically tight over the past year, defying economists...
Hiring likely remained healthy last month. Economists expect the March jobs report, out Friday, to show that employers added nearly 193,000 jobs and that the unemployment dipped to 3.8%, according to a survey of forecasters by the data firm FactSet....
The U.S. economy lost 701,000 jobs in March, snapping a decade-long record of employment growth, as strict measures to contain the coronavirus pandemic shuttered businesses and forced Americans to stay at home. It was the first decline in payrolls since September 2010, and the steepest since...
In addition to this, Gallup research found that 37% of all workers would switch jobs for one that allowed them to work off-site for at least some of the time. Poor corporate culture –A recent report from Deloitte states that 72% of US employees would leave their current employer for ...
Instead, the private sector added just 25,000 jobs. Previous months’ reports also saw sharp downward revisions, with March sliding from 208,000 to 186,000 and April going from 160,000 to 123,000. After a rough start to the year, economic data have firmed lately, with strength in housing...
The U.S. added 431,000 jobs in March as the unemployment rate dropped to 3.6%. Friday's jobs report also showed wages grew 5.6% in the past year. Sarah House, a senior economist at Wells Fargo, joined CBS News after the closing bell on Wall Street t
Harris posted(archived) about job creation on X on March 20, 2024: "Nearly 15 million jobs created since President @JoeBiden and I took office." Advertisement: (@KamalaHarris / X) Advertisement: It is true that in January 2021, when Biden took office, 142.9 million people were employed, ...
File - A construction worker wires rebar for a foundation, Friday, March 17, 2023, in Boston. On Friday, the U.S. government issues the August jobs report. Credit: AP/Michael Dwyer By The Associated PressUpdated September 1, 2023 Share WASHINGTON — America...
President Joe Biden called the jobs report “strikingly good news” and asserted that his Republican critics were wrong in their warnings of continued high inflation and a coming recession and layoffs. “Our plan is working,” Biden said, “because of the grit and resolve of the American worker...