employers
Business Owner Highlights Gen Z Struggles in Today’s Job Interviews
A recent survey by Intelligent found that many employers favor older workers and avoid hiring recent college graduates, mainly because they don’t make a good impression during the interviews. To find out why college grads are seen as unprepared for the workforce, NTD spoke with Joel Patterson, founder of the Vested Group, a tech consulting firm.
NTD Business (July 6): US Job Openings Dip to 9.8 Million; Debt Delinquencies Rise, Credit Crunch Ahead?
U.S. job openings slipped a bit in May, but the labor market remains resilient. Employers posted 9.8 million job openings, down from 10.3 million in April, according to the Labor Department Thursday. A new report finds consumer debt delinquencies are on the rise and banks appear ready to tighten their lending standards, making it harder […]
US Employers Added 210,000 Jobs in November, Less Than Half of Estimates
U.S. employers added a paltry 210,000 jobs in November, sharply below consensus forecasts of 550,000, with the underwhelming job creation numbers initially leading Wall Street stock futures to jump in early trading as investors bet it would lead the Fed to slow down with scaling back stimulus, but those hopes faded later in the day […]
US Employers Added 531,000 Jobs in October, Beating Expectations
U.S. employers added over half a million jobs in October, beating market expectations and painting a picture of labor market recovery on more solid footing than the prior month’s dismal job creation numbers pointed to. The Labor Department’s jobs report, released Nov. 5, shows that non-farm payroll employment rose by 531,000 last month, substantially above consensus forecasts […]
OSHA Vaccine Mandate Released; 84 Million Workers Face Jan. 4 Deadline
The Biden administration has released the new rule from the Occupational Safety and Health Administration (OSHA) that requires 84 million private-sector workers to get vaccinated against COVID-19. The administration has also announced its rule from the Centers for Medicare and Medicaid Services (CMS) requiring 17 million health care workers at facilities that receive federal funding to be […]
American Employers Added 194,000 Jobs in September, Far Below Expectations
America’s private employers added fewer than 200,000 jobs in September, sharply undershooting market expectations and painting a picture of labor market recovery that’s on wobbly footing. The Labor Department’s jobs report, released Oct. 8, shows that non-farm payroll employment rose by a paltry 194,000 last month, down from last month’s upwardly revised 366,000 and far below the […]
American Employers Added 235,000 Jobs in August, Far Below Expectations
America’s private employers added just 235,000 jobs in August, significantly undershooting market expectations and fueling speculation that the weak signal in the labor market recovery may lead the Federal Reserve to delay tapering of stimulus. The Labor Department’s jobs report, released Sept. 3, shows that non-farm payroll employment rose by 235,000 in August, down from 943,000 jobs […]
American Employers Hired Far Fewer Workers Than Expected In August: ADP
Private sector employment in the United States rose by 374,000 in August, sharply undershooting consensus expectations of 613,000, according to Wednesday payrolls data from the Automatic Data Processing (ADP) Research Institute. While differences in methodology mean there’s weak correlation between ADP employment data and the Labor Department’s closely watched nonfarm payrolls report, due Friday, the […]
American Employers Added 943,000 Jobs in July
America’s private employers in July added 943,000 jobs—a proxy for new hires—in a sign that the U.S. economy enjoyed a solid burst of job growth as the labor market recovery continues. The Labor Department’s jobs report, released Friday, shows that nonfarm payroll employment rose by 943,000 in July, topping the 850,000 jobs U.S. employers added in June. […]
US Adds 128,000 Jobs as Hiring Remains Resilient Despite GM Strike
Employers across the United States added about 128,000 jobs in October, despite a General Motors strike that caused tens of thousands of workers to be classified temporarily as unemployed, according to Department of Labor statistics released on Friday. The unemployment rate changed little at 3.6 percent, which is near a five-decade low, and average hourly […]
Unemployment falls to 4.3 percent
WASHINGTON (AP)—U.S. employers pulled back on hiring in May by adding only 138,000 jobs. Hiring was still enough to help keep pushing unemployment lower. The Labor Department said Friday that the unemployment rate fell to 4.3 percent from 4.4 percent. But the rate declined mainly because people stopped looking for work last month and so […]