jobs
Page: 3
Jillian Hiscock, center wearing a white hat, poses for a photo with her friends and family in December. Courtesy Jillian Hiscock While the leisure and hospitality industry added a mere 11,000 jobs in January, the critical service sector registered its 36th consecutive month of job gains. Post-pandemic, services businesses have benefited from Americans’ strong desires […]
8:52 a.m. ET, February 2, 2024 What’s with all the revisions? Friday’s whopper of a jobs number was double expectations, and December’s data was one of several months to get heavily revised. Why are economists’ forecasts frequently so wrong? It’s nearly impossible to say with certainty how much prices rose or how many people were […]
US shale magnate Harold Hamm is leading attempts to lure an increasingly sceptical younger generation to the oil and gas industry as climate concerns and job insecurity dent the attractiveness of the industry for graduates and skilled tradespeople. “We are going to be using oil for the next 50 years and ‘clean burning’ natural gas […]
How are we thinking about the December U.S. jobs report? The December nonfarm payrolls report showed what continues to be a distinctly robust trend in U.S. job and wage growth. Headline employment came in at +216k, above consensus of +175k, up from +173k in November (downwardly revised). Maybe even more important, average hourly earnings increased […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US bucked expectations by adding 216,000 jobs last month, capping a week in which strong economic data led investors to scale back their bets on interest rate cuts. Friday’s non-farm payrolls figure, which was […]
Team USA’s Van Ledger of Lake Placid competes in the FISU Winter World University Games men’s 12.5K biathlon race at Mount Van Hoevenberg on Jan. 19. (Enterprise photo — Parker O’Brien) MIDWAY, Utah — The United States Biathlon Association recently announced its official rosters for five upcoming events. Six were chosen to represent the U.S. […]
When Thomas Wong set foot in the United States Embassy in Beijing this summer for a new diplomatic posting, it was vindication after years of battling the State Department over a perceived intelligence threat — himself. Diplomatic Security officers had informed him when he joined the foreign service more than a decade ago that they […]
The U.S. job market continues to exhibit robust performance, with the creation of nearly 200,000 new jobs in November. This positive trend provides hope for a gentle economic slowdown. According to the Bureau of Labor Statistics, non-farm payrolls increased by 199,000 last month, surpassing the expectations of economists who had predicted around 175,000 new jobs, […]
Stocks closed out the first full trading week of December with a win on Friday as investors assessed the US monthly jobs report in a positive light, embracing the case that the Federal Reserve will start cutting interest rates next year. Stocks turned positive as market watchers saw more evidence of a soft landing for […]
11:19 a.m. ET, December 8, 2023 The return of workers who were on strike helped boost numbers Striking United Auto Workers (UAW) march in front of the Stellantis Mopar facility on September 26, in Ontario, California. Gina Ferazzi/Los Angeles Times/Getty Images The US economy notched another solid month of job growth, with an added lift […]