The number of U.S. nonfarm jobs grew by 139,000 last month, less than the adjusted 147,000 in April but still more than the 125,000 economists forecasted in a Dow Jones poll.
Tag: jobs
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LAYOFFS UP 47 PERCENT IN MAY FROM A YEAR EARLIER
In May, U.S. businesses announced they plan to drop about 100,000 workers from their payrolls, 47 percent more than were announced in May 2024, outplacement firm Challenger, Gray & Christmas reported in new data.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The number of U.S. workers laid off in May was 47 percent higher than May last year, according to a report by outplacement firm Challenger, Gray & Christmas. The firm reported 93,816 layoffs by U.S. employers in May, up from 63,816 layoffs last May. The total number of job cuts through the end of May was 696,309, an increase of 80 percent from the 385,589 job cuts in the first five months of last year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
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.
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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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