Elon Musk resigned as a special government employee with the Department of Government Efficiency last week, coinciding with the end of his 130-day term.
Tag: jobs
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COLLEGE GRADUATES IN THE U.S. ENTER A TOUGH JOBS MARKET AMID CONCERNS ABOUT THE WIDER LABOR MARKET
With graduation season in full swing, graduates across the U.S. have been having difficulty landing their first jobs out of school—from entry-level positions to even internships, which economists say could be a signal of a softening labor market.
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U.S. ECONOMY ADDS 177,000 JOBS IN APRIL
U.S. employers took on an additional 177,000 nonfarm workers last month, signaling “a healthy state of balance” in the labor market, The Wall Street Journal said. The unemployment rate held steady at 4.2 percent.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. economy added 151,000 jobs in February, the U.S. Bureau of Labor Statistics reported on Friday. Employment was up in health care, financial activities, transportation and warehousing, and social assistance.
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U.S. ECONOMY ADDS 151,000 JOBS IN FEBRUARY; UNEMPLOYMENT TICKS UP
American businesses hired another 151,000 nonfarm employees in February and joblessness edged up from 4.0 percent in January to 4.1 last month. January’s total of new jobs was revised downward to 125,000.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Nearly one hundred companies are expected to lay off employees in March, according to a report in the Economic Times.
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CLAIMS FOR JOBLESS BENEFITS ROSE IN MID-FEBRUARY
For the week ending 22 February, new claims for unemployment benefits rose to 242,000, an increase of 22,000 from the week before and the most in a single week since early October, the U.S. labor department reported.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The federal government laid off 200,000 probationary employees and fixed-term contract employees throughout various federal agencies as President Donald Trump works to reduce government waste.
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JOB GROWTH AND UNEMPLOYMENT SLOW DOWN IN JANUARY
The U.S. economy created 143,000 nonfarm jobs last month, less than half of the 307,000 created in December, according to the Bureau of Labor Statistics’ upwardly revised December figure.
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U.S. ECONOMIC BRIEFS
In the week ending 18 January, jobless workers filed 223,000 new claims for unemployment benefits, compared to 217,000 the week before.
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