Tag: employment

March 4, 2022

U.S. employers hired far more workers than expected in February, pushing the labor market closer to maximum employment, but rising headwinds from geopolitical tensions could hurt business confidence and slow job growth in the months ahead. The Labor Department’s closely […]

September 16, 2021

The gulf between record job openings and a lack of people taking those jobs is forcing Wall Street to reassess the pace of the economic recovery. Jobs were gutted during the pandemic and employment growth has been a closely watched […]

September 3, 2021

Hiring slowed sharply in August as employers added a disappointing 235,000 jobs, with COVID-19 surges dampening both consumer demand and Americans’ willingness to return to work. Restaurants and bars, which had been driving record employment gains, shed jobs. The unemployment […]

March 5, 2021

February’s surprisingly strong job growth signals that the economy could be at a pivot point and is about to enter a hiring boom. The economy added 379,000 jobs, well above the 210,000 expected, with most of them in leisure and […]

February 1, 2021

The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Monday. The 10-year outlook said the economic recovery from […]

June 8, 2020

WASHINGTON — The U.S. economy entered a recession in February, a group of economists declared Monday, ending the longest expansion on record. The economists said employment peaked in February and fell sharply afterward, marking the beginning of the downturn. The […]

April 27, 2020

It’s a jungle out there if you’re looking for work as the coronavirus pandemic batters the economy. But employment agency headhunters say there’s still hope if you’re wondering how to keep from going under. Short-term, there are jobs to be […]

October 4, 2019

U.S. stock-index futures on Friday drifted lower ahead of a crucial report on employment that could help to provide the clearest picture yet of the health of a domestic economy that has appeared to be sputtering, with a recent batch […]

August 22, 2019

The European economy saw a slight recovery in August from weak demand caused by trade tensions, according to data released Thursday. IHS Markit said the flash manufacturing purchasing managers index in the eurozone rose to a two-month high of 47 […]

July 15, 2019

The U.S. may have added 224,000 nonfarm jobs in June, and core inflation may have climbed by the fastest amount in more than a year. Economists at UBS still anticipate a half-point cut from the Fed at the upcoming Federal […]

May 2, 2019

The numbers: The productivity of American workers soared in the first quarter and pushed the increase over the past year to the highest level since 2010, a potentially great sign for the U.S. economy. The productivity of American workers increased […]

January 30, 2019

The numbers: Companies in the U.S. added 213,000 jobs in January, ADP reported Wednesday, another strong reading that suggests little letdown in a steadily growing economy. Wall Street economists had forecast an increase of 174,000. ADP trimmed its original estimate […]

November 12, 2018

A healthy job market is the backbone of any thriving city. Across a population, a strong labor market can create a virtuous economic cycle, reducing financial hardship, fueling consumer spending, and attracting new residents. The United States is in the […]

May 30, 2018

The numbers: An early look at U.S. trade patterns in April showed a small drop in the nation’s trade deficit, perhaps another small sign that the economy will grow faster in the second quarter. The trade gap in goods — […]

November 20, 2017

A historic marker used by Wall Street to determine if a recession is coming is flashing red, but there’s probably no need to worry for now about the U.S. economy. What’s caught the attention of investors is a flattening of […]

March 31, 2017

Who is winning the race for jobs between robots and humans? Last year, two leading economists described a future in which humans come out ahead. But now they’ve declared a different winner: the robots. The industry most affected by automation […]

December 12, 2016

DONALD TRUMP promises to deliver 25m jobs over the next decade, 18m more than is forecast today. In our print edition, we have consistently argued that this is infeasible, because America is ageing rapidly: Arithmetic suggests this pledge is fanciful: […]

November 3, 2016

American firms and employees boosted their productivity in the third quarter for the first time in 2016, but the longer-term trend is still a poor one that bodes ill for the U.S. economy. Productivity jumped at an annual 3.1% pace […]

July 7, 2016

This Friday’s jobs report is among the most anticipated in recent memory, with many economists viewing it as a litmus test for the slumping labor market that will help set the path for the Federal Reserve’s interest rate hikes in […]

June 6, 2016

The panic-inducing May jobs report doesn’t connect with the U.S. economy. A major red flag was raised on Friday when the U.S. reported that hiring slowed sharply in May to the lowest level since 2010 and it was the third […]