Job gains for May exceed expectations amid some signs of weakening
Average hourly wages rose 0.4% from April and 3.9% from a year earlier—a bit higher than forecast.
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American labor market shows resilience with rise in job openings
The Labor Department reported Tuesday that employers posted 7.4 million job vacancies in April, up from 7.2 million in March.
Job openings fell to 7.2 million in March, lowest level since September
Meanwhile, the number of Americans quitting their jobs—a sign of confidence in the economy—rose modestly. And layoffs fell to the lowest level since June.
Another buyout offer hits inboxes of some federal workers
The deal, extended across at least five agencies in recent days, resurrects an option to resign now and be paid through September.
Computer programming ranks among hardest-hit occupations
More than a quarter of all computer programming jobs have vanished in the past two years, the worst downturn that industry has ever seen.
Job openings rose to 7.7M in January
The Labor Department’s Job Openings and Labor Turnover Survey showed that openings rose in real estate, health care, manufacturing and construction.
Lilly cuts undisclosed number of jobs, ‘nothing large scale’
The reductions come at a time of significant growth overall for Lilly. and soon after the announcement of plans to build new manufacturing facilities at four yet-to-be-named U.S. locations.
Slightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low
Some analysts say they expect layoffs ordered by the Department of Government Efficiency to show up in the report in the coming weeks.
Carvana announces 200-job expansion at Plainfield site
Arizona-based used-car retailer Carvana says it intends to add inspection and reconditioning services at its auto auction site in Plainfield to establish what it calls a Megasite.
UPDATE: Biden blocks Nippon’s acquisition of U.S. Steel
Biden’s decision—attributed by other news organizations to unnamed sources—comes just days after Japan-based Nippon proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity.”
Applications for unemployment benefits hold steady, but continuing claims rise to 3-year high
The labor market has hinted at some softening recently but remains broadly healthy and has held up better than many economists predicted considering that interest rates have been elevated for years.
U.S. adds 227,000 jobs in rebound from October slowdown
Friday’s report from the Labor Department report showed that the unemployment rate ticked up from 4.1% in October to a still-low 4.2%.
U.S. job openings rose last month, but hiring slowed
Taken as a whole, Tuesday’s figures suggest that the job market might be stabilizing at a modest level, with hiring moderate but layoffs uncommonly low.
U.S. employers add just 12K jobs as hurricanes, strikes reduce payrolls
The employment report for October also revised down the government’s estimate of the job gains in August and September.
U.S. job openings fall to 3-1/2-year low
The Labor Department reported Tuesday that the number of job openings dropped to 7.4 million in September from 7.9 million in August.
Technology job market status: Better but not great
More than two years into a tech-sector downturn, people in touch with Indiana’s tech job market say they’re seeing signs of better days ahead. But, they add, no one should expect a return to the red-hot job market that preceded the current slump.
Applications for jobless benefits fall, but continuing claims rise to highest level since 2021
The rising level of continuing claims suggests that some who are receiving benefits are finding it harder to land new jobs. That could mean that demand for workers is waning, even as the economy remains strong.
American consumers feeling less confident as concerns about jobs take center stage
The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.7 in September, from 105.6 in August. It was the biggest month-to-month decline since August of 2021.
Sluggish jobs report clears the way for Federal Reserve to cut interest rates
Collectively, Friday’s figures depict a job market slowing under the pressure of high interest rates but still growing.
U.S. job openings fall as demand for workers weakens
The number of job openings has been trending gradually down over the past year. Yet there are still roughly 1.1 job openings for every unemployed person, Wednesday’s report showed.