Fewer jobless claims filed last week
Jobs data: 238,000 people filed for jobless claims last week, which is down 23,000 from the week before that. ...
US inflation wipes out workers' wage gains
Inflation, Spending: Spike in US inflation rates have almost negated the wage raises received by most workers. However, pay outpaced inflation in the hospitality sector. ...
Unemployment claims reach highest level in three months
Jobless claims: 286,000 people applied for first-time unemployment benefits last week- the highest number since mid-October. ...
Layoffs slightly rise, but stay at pre pandemic levels
Jobless claims, layoffs: Weekly jobless claims which are a proxy for layoffs are below to a 220,000-a-week level that was typical before the coronavirus pandemic. ...
Job growth in New York City slower than the rest of the country
While nearly 6 million jobs have been added to the American job market and the overall unemployment rate has fallen to 4.2 percent, the New York economy finds itself in a rut as opposed to the rest of the country. ...
Job growth in the private sector: 534,000 jobs added in November
Job creation: the private sector added 534,000 jobs in November even amidst the labor shortage in the country ...
Jobless claims level hit lowest since 1969
Unemployment benefits: Jobless claims fell to 199,000 last week; the lowest level since 1969. ...
Bankers expected to get higher bonuses this year
Every year, as tradition, Wall Street Bankers try to negotiate higher bonuses, this year owing to the economic progression, they might actually get bigger cheques. ...
Unemployment rate to hit 50-year low by end of 2022: Goldman Sachs
Unemployment rate: Goldman Sachs told clients that the economic recovery from covid 19 would reaccelerate in the coming quarters, driving the unemployment rate back to a 50-year low by the end of next year ...
531,000 jobs added in October, hiring swells
The country added 531,000 jobs in October- a strong month of growth showing signs of an economy regaining new momentum in the final few months of the year after the coronavirus pandemic surge in the late summer. In addition to the large number of jobs added, the unemployment rate dropped too, from ...
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