On Wednesday, the Labor Department reported that employers posted 11 million job openings in December, an unexpected jump from 10.4 million in November and the largest number since July. There are now about two job vacancies, on average, for every unemployed American. And in response, many ...
WASHINGTON (AP) — U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience. The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July. Economists had expected openings to ...
Compared to layoffs, the steady drop in job openings is a painless way to cool a labor market that has been red hot, easing upward pressure on wages that can lead to higher prices. Hiring likely remained healthy last month. Economists expect the March jobs report, out Friday...
US crude oil futures inched higher on Friday after a solid US jobs report pointed to economic strength and growing oil demand in the world's largest oil-consuming nation. A US Labor Department report showed a fourth straight month of job gains in May, bringing US employment back to pre...
The U.S. jobs market ended 2019 on a sour note, with December's payroll and wage growth missing expectations, according to Labor Department.
Employers added a modest 142,000 jobs, up from a scant 89,000 in July, the Labor Department said Friday. The unemployment rate ticked down to 4.2% from 4.3%, which had been the highest level in nearly three years. Hiring in June and July, though, was revised sh...
The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department. ...
From June through August, the economy added 449,000 jobs, the lowest three-month total in three years. In addition, the government revised down the gains for June and July by a combined 110,000. Friday's report from the Labor Department also showed that ...
Department of Labor - the federal department responsible for promoting the working conditions of wage earners in the United States; created in 1913 Labor Department, DoL, Labor executive department - a federal department in the executive branch of the government of the United States Occupational Safet...
(CN) — The U.S. economy gained 315,000 jobs in August while the unemployment rate unexpectedly rose to 3.7%, according to a Labor Departmentreportreleased Friday. Job market growth last month was not as strongas July– when the economy added a revised 526,000 positions – but it still ...