Articles by tag: Job Growth

Economists have sounded the alarm bells of a coming recession for so long that it might surprise some that the U.S. isn’t yet in one. Once again, the jobs market stayed strong in November, with employers adding 263,000 jobs. And the Labor Department said the unemployment rate was at 3.7%, close to the lowest level […]

Watch below as President Joe Biden speaks about the May jobs report and touts progress in job growth and Covid-19 vaccinations in the first months of his administration. He addressed reporters in Rehoboth Beach, Delaware. “The unemployment rate is now below 6% for the first time since the pandemic hit.”   Pres. Biden: Today, we […]

U.S. job openings hit a record high as the number of available positions increased to 8.12 million for the month of April.  Tune in below to watch Bloomberg’s Michael McKee break down the numbers.   McKee: It’s kind of interesting, there’s a lot of inflation fears in markets around the world because labor markets, at […]

(Bloomberg) — U.S. employers added the most jobs in seven months with improvement across most industries in March, as more vaccinations and fewer business restrictions supercharged the labor market recovery. Nonfarm payrolls increased by 916,000 last month and February employment was revised up to a 468,000 gain, according to a Labor Department report Friday. The median estimate […]