Labor department

US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows
US Hiring Hit Rock Bottom In April As Coronavirus Downturn Deepened, JOLTS Report Shows
June 09, 2020  |  Economy

New hiring fell to an all-time low in April as coronavirus lockdowns took a steep toll on economic activity across the United States, according to...

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Strong May US Jobs Report Could Show The Worst Is Over For Hardest-Hit Sectors
Strong May US Jobs Report Could Show The Worst Is Over For Hardest-Hit Sectors
June 05, 2020  |  Economy

Will we look back at today as the turning point in the battle against the pandemic — not in terms of vaccines or flattened curves,...

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Labor Department: Layoffs, Discharges Jump 9.5M In March
Labor Department: Layoffs, Discharges Jump 9.5M In March
May 15, 2020  |  Economy

As the pandemic quickly transformed the labor market, layoffs in the U.S. surged to an all-time high in March. The count of individuals resigning from...

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Headwinds For Economy’s Reopening – If SMBs Can’t Rehire Workers
Headwinds For Economy’s Reopening – If SMBs Can’t Rehire Workers
April 23, 2020  |  SMBs

The cascade of Americans seeking unemployment benefits continues. In the latest tally from the U.S. Labor Department (released on Thursday, April 23), 4.4 million more...

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The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
The Jobs Report, Business Strength – And The Stubbornly Persistent Trade Credit Gap
November 01, 2019  |  Economy

Yes, the jobs report was strong, and yes, there had been a bit of caution coming into the Friday report on the heels of the...

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Amid Trade War, US Job Growth Misses Estimates
Amid Trade War, US Job Growth Misses Estimates
September 06, 2019  |  Economy

The trade war, indirectly, seems to have had an impact on hiring. The latest data from the Labor Department show that in the United States,...

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Labor Department Ruling Classifies Gig Workers As Contractors
Labor Department Ruling Classifies Gig Workers As Contractors
April 30, 2019  |  Gig Economy

Gig economy companies Uber and Lyft just got support from the Labor Department, which ruled a company’s workers who clean homes don’t have to be...

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Jobs Data: Employers, Workers Are Hard To Find
Jobs Data: Employers, Workers Are Hard To Find
March 08, 2019  |  Economy

The data coming out would seem to indicate the labor market is as tight as might be possible. The headline numbers that came out Friday...

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Non-Farm Payrolls Rose By 312K In Dec
Non-Farm Payrolls Rose By 312K In Dec
January 04, 2019  |  Economy

Even amid declines in the financial markets, employers in the United States brought more jobs into the economy in December at the quickest cadence in...

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