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The number of Americans who filed for jobless claims fell to its the lowest number since the pandemic began in March, better than analysts’ expectations, according to the latest data from the U.S. Department of Labor (DOL) on Thursday (Sept. 3). Get the Full Story Complete...
The Hilton Times Square is the latest victim of the coronavirus pandemic. In a filing with New York’s State Department of Labor, the managing director of the 44-story landmark said it will close permanently next month and 200 jobs will be lost. Get the Full...
The iOS app economy has created nearly 300,000 new jobs since April 2019, “helping to provide opportunities” for business and employment growth even during the COVID-19 crisis, Apple said in a press release. Get the Full Story Complete the form to unlock this article and...
Private-sector employment went up by 428,000 jobs last month, said the ADP National Employment Report. That’s an improvement over the previous month’s 167,000 jobs, but still well below expectations. A survey of economists by Dow Jones had predicted a 1.17 million increase. Get the Full...
A Federal Reserve governor said Tuesday (Sept. 1) that the central bank has to launch initiatives “in coming months” to assist the economy in surmounting the pandemic’s effects, while meeting the pledge of more formidable employment expansion and greater inflation, Reuters reported. Get the Full...
U.S. employment is projected to increase by 6 million jobs over the decade from 2019 through 2029. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Americans made 0.4 percent more money in July than in June, took home 0.2 percent more after taxes and spent 1.9 percent more, according to a preliminary report issued on Friday (Aug. 28) by the federal Bureau of Economic Analysis. Get the Full Story Complete...
Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the CEO of major Big Apple landlord Related Cos. said Thursday (Aug. 27), according to CNBC. Get the Full Story Complete...
