Page 2 - Us Job Market

US job growth: Payrolls seen hitting at least 200,000 for a fourth month

Average hourly earnings are projected to climb 4.1 per cent from the same month last year, the smallest annual advance since mid-2021

US job growth surpass expectations in December; wages rise solidly

Average hourly earnings rose 0.4% in December after gaining 0.4% in the prior month. That raised the year-on-year increase in wages to 4.1% from 4.0% in November

US job openings rise slightly to 9.6 mn, sign of strength in job market

Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the US job market remains strong even as the US Federal Reserve attempts to cool the economy. Layoffs fell to 1.5 million from 1.7 million in August, more evidence that workers enjoy an unusual degree of job security. The number of Americans quitting their jobs a sign of confidence they can find better pay elsewhere was virtually unchanged. The September openings are down from a record 12 million in March 2022 but remain high by historical standards. Before 2021 when the American economy began to surge from the COVID-19 pandemic monthly job openings had never topped 8 million. Unemployment was 3.8 per cent in September, just a couple of ticks above a half century low. Openings were up by 141,000 at hotels and restaurants, which have struggled to attract and keep workers since the COVID-19 pandemic struck in early 2020. The Federal Reserve's inflation fighters would like to see

US job openings top all forecasts as white-collar positions jump in August

The number of available positions increased to 9.61 million from a revised 8.92 million in July, the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey, or JOLTS

US companies added more jobs in July than expected, up 324,000: ADP

Wage growth continued to decelerate. Workers who stayed in their jobs experienced a 6.2% pay increase in July from a year ago, the slowest since November 2021

US economy adds 236,000 jobs in March amid signs of market cooling

The jobless rate for March slid slightly to 3.5 per cent from February's 3.6 per cent, the data showed

US jobs top forecasts, wages pick up in labor market despite Fed aggression

US employers added more jobs than expected in October while wages rose firmly, underscoring the resilience of the labor market despite the Federal Reserve's aggressive efforts to cool it down.

US weekly jobless claims rise to 262,000, highest since Nov 2021

Initial jobless claims in the US last week rose to 262,000, hitting a new high since November 2021, the US Labour Department reported

US job cuts up in April, rising 2nd month straight as employers study risks

Job cuts in the United States rose for a second month in a row in April as employers assessed costs and the growing risk of inflation in a labor market that has mostly seen record demand for workers over the past year, employment tracker Challenger, Gray & Christmas Inc showed on Thursday.US employers announced 24,286 cuts in April, a 14% increase from the 21,387 tracked in March and up 6% from the 22,913 cuts monitored in April 2021, the firm's latest monthly report showed. It was also the first time in a year when job cuts were higher than the corresponding month a year earlier."Job cut plans appear to be on the rise, particularly as companies assess market conditions, inflationary risks, and capital spending," Andrew Challenger, senior vice president of Challenger, Gray & Christmas, Inc, said in the company's report. "Despite this, job openings are still at record highs. Workers who are being cut will have lots of opportunities and will likely land quickly."While job ...

US initial jobless claims drop to new pandemic low amid labor shortage

The four-week moving average, a method to iron out data volatility, decreased by 15,000 to 2,84,750, according to the report.

US employment: Jobless claims fall to 326,000, first drop in four weeks

The number of Americans applying for unemployment benefits fell last week, another sign that the US job market and economy continue their steady recovery from last year's coronavirus recession.

US weekly jobless claims fall more than forecast to fresh 13-month low

Continuing claims for ongoing state benefits rose slightly in the week ended April 24.

US companies add most number of jobs in seven months, ADP data shows

All but one industry saw payroll improvements

US unemployment claims tick up to 745,000 as layoffs remain high

This is a sign that many employers continue to cut jobs despite a drop in confirmed viral infections

US weekly jobless claims fall marginally as labour market recovery stalls

Claims remain above their 665,000 peak during the 2007-2009 Great Recession, though they are below the record 6.867 million reported last March when the pandemic hit the United States

US weekly jobless claims edge down as labor market recovery stalls

The number of Americans filing new applications for unemployment benefits inched down last week, consistent with a recent stalling in the labor market recovery.

Fed's Powell calls for broad national drive to full employment

The United States remains about 9 million jobs short of where it was a year ago

Raging Covid cases expected to have restrained US labour market in December

The US economy likely created fewest jobs in seven months in December or even shed workers as the country buckled under onslaught of Covid, marking the start of what is expected to be a bleak winter

US weekly jobless claims hit three-month high due to Covid-19 restrictions

The number of Americans filing first-time claims for jobless benefits unexpectedly rose last week as a relentless wave of new Covid-19 infections hobbled business operations

US weekly jobless claims surge to a three-month high amid Covid pandemic

The number of initial jobless claims in the US increased to reach 853,000 last week, the highest since mid-September, the Labour Department reported