The number of initial unemployment claims in the United States rose to 264,000 in the week that ended on May 6, which is the highest level since October 2021. Continuing claims also increased by 12,000 to 1.81 million in the week having ended on April 29. This suggests that the labor market is gradually cooling, […]
Despite recession fears, there are more signs that the labor market is still strong. The Bureau of Labor Statistics on Feb. 3 reported that the U.S. economy added 517,000 jobs in January. The surge is a big surprise, more than two times higher than expected. The unemployment rate fell to 3.4 percent, a level the […]
The U.S. economy added 263,000 jobs in November, according to data released from the Labor Department Friday morning. The unemployment rate held steady at 3.7 percent, while employment growth was widespread both in the goods-producing and service-producing sectors. Average hourly earnings have risen 5.1 percent over the past year. NTD spoke with economist Brian Domitrovic […]
The Fed continues its fight against inflation—raising interest rates 75 basis points Wednesday. We talk with an American business to find out if the rate hikes are working. One of America’s big problems is a shrinking middle class. One top economist says America doesn’t even have a middle class anymore. A top Republican is pushing back against President […]
Private sector job growth came up short of expectations for last month, with U.S. companies adding only 132,000 jobs in August. However, a report by the Reshoring Institute shows that about 350,000 jobs are expected to be restored this year. Julia Pollak, chief economist at ZipRecruiter, offers insight on this from a recruiting perspective.
The latest jobs numbers are out. The U.S. economy added 528,000 jobs in July, much more than economists expected. To get an on-the-ground view of the jobs market, NTD spoke with Paul McDonald, senior executive director at human resource consulting firm Robert Half.
A stronger-than-expected jobs report for July has been released. Businesses continue to hire, but what about recession fears? Senate Democrats secure a much-needed vote to pass a huge tax and spending bill. What’s the potential impact to investors if it’s passed? Facebook parent company Meta releases its first bond offering. Is it a good investment? Credit […]
