Home Tags Labor Market

Tag: Labor Market

Jobless claims slide to their lowest level since 1969

The number of Americans applying for unemployment benefits fell more than expected last week, hitting the lowest level in nearly 50 years.
City Hall is seen in the distance as construction workers help carry a huge American flag in a march to the Metropolitan Detention Center during one a several May Day immigration-themed events on May 1, 2014 in Los Angeles, California

The jobs report beat in March, but wage gains slowed

The official employment report out Friday showed hiring rebounded last month and that wage growth eased.

We just got another sign the job market may be slowing down

The US private sector created far fewer jobs than expected in March, according to payroll processor ADP.
City Hall is seen in the distance as construction workers help carry a huge American flag in a march to the Metropolitan Detention Center during one a several May Day immigration-themed events on May 1, 2014 in Los Angeles, California

The US just got the latest sign that hiring could continue to slow

Americans were less sure of the economy in early March and saw jobs as harder to get than in previous months.

Recruiters say it hasn’t been this hard to hire people since the dot-com boom of the ’90s

Job recruiters are seeing more and more candidates "ghost" them after agreeing to interviews and even signing HR paperwork.
How minimum wage compares between the companies.l

Here’s how minimum wage compares at Amazon, Walmart, Costco, and more retail giants as companies battle to win over workers

Amazon, Walmart, Costco, and other retail giants are fighting to hire and retain workers. Here's how minimum wage compares at some of the biggest names in retail.

Amazon was under intense political pressure to raise pay — but there’s another obvious reason it’s giving workers more money

When announcing plans to raise Amazon's minimum wage to $15 an hour, chief executive Jeff Bezos portrayed the move as a sort of moral reckoning. But political pressure aside, economists say the company was probably going to have to raise its wages anyway to stay competitive in a tight labor market.
President Donald Trump

A Chicago-area manufacturer is laying off 153 workers and moving to Mexico partly because of Trump’s tariffs

Stack-On Products, a manufacturer of storage goods like gun safes, will lay off 153 workers at its two Chicago area plants in part due to President Donald Trump's tariffs. The Stack-On workers are the latest casualties of Trump's trade fights.
White House Press Secretary Sarah Sanders

Sarah Huckabee Sanders made a bizarre claim about black employment under Trump compared to Obama as a defense against Omarosa’s attacks

Sarah Huckabee Sanders said that African-American employment under President Trump has already tripled what President Obama helped to add in eight years. But, according to official data, nearly 3 million African-Americans gained employment under Obama compared to 700,00 so far for Trump.
President Donald Trump.

Trump’s trade war is already leading to layoffs and pain for American businesses

President Donald Trump's tariffs are starting to take their toll on small businesses. Many firms are being forced to lay off workers to save money because of the increased price of imported goods.