Articles by tag: Jobs Report
After weeks dotted with interest rate hikes, mortgage rate oscillation, and dropping energy prices, U.S. businesses and consumers finally got a fresh look at the nation’s inflationary climate and whether or not monetary policy is having its intended effects. On August 10, the Bureau of Labor Statistics released the most recent consumer price index for…
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Employment Report Shows Spikes in Hospitality, Healthcare Jobs
In this week’s economic minute, the June 2022 employment situation report showed positive job gains across the economy. Plus, indications that a recession may be staved off in the short term, but the economy isn’t out of the mud quite yet. The BLS reported 372,000 non-farm payrolls, or jobs, added in June 2022. That’s a…
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Despite Strong Employment Month, the Hospitality Sector Still Has Work to Do
3 Key Points: When pandemic started hospitality sector cut jobs, now demand is increasing and businesses aren’t able to hire as quickly to meet demand. Hospitality sector needs to look within and reexamine how they can make a better workplace Employers need to find ways to make work-life balance better to help keep employees…
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Today in B2B: A Major Partnership ‘Kicks Off’
Here are the top B2B headlines for Monday, Dec. 9. As one might expect given the time of year, we once again start with the retail industry. We’re not talking about the hottest gift of the season but how that item gets from point A to point B in time for the holidays. The…
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October Jobs Report: Leisure and Hospitality Lead the Way
The October Jobs Report was released by the United States Bureau of Labor Statistics on Friday. The government reported that U.S. payrolls increased by 128,000, beating the expectation of 75,000 from economists. Leading the way was the leisure and hospitality sector, which alone contributed 61,000 new jobs in October. Of that total, 48,000 jobs are…
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July Job Report Reveals Records and Reservation
U.S. labor force participation reached a record high in the month of July. Unemployment remained at 3.7% according to the latest jobs report from Bureau of Labor Statistics, released Friday, Aug. 2. Wages also increased 3.2% overall, an increase from June. Approximately 164,000 Non-farm payroll additions were made in July, while private-sector payrolls modestly under-preformed…