There’s good news and bad news these days when it comes to the American labor market. On the plus side, The Wall Street Journal (WSJ) said in a report Saturday (Aug. 23), unemployment is still low, with companies showing little interest in carrying out layoffs....
The latest jobs data indicate that employers added more positions in April than had been expected, and the news may, incrementally, make consumers feel a bit better about their employment prospects. But any uptick in sanguine sentiment, at least on the work front, may not...
America’s employment picture ended the year on a down note, ADP’s latest findings show. “The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” Nela Richardson, chief economist, ADP,...
PYMNTS Intelligence, through the last several months, has taken stock of where consumers are spending, and how they contend with inflation. Among their strategies has been a willingness to trade down, to buy cheaper goods that may be a bit of a tradeoff in quality, but...
December 03, 2024
Earlier this year, PYMNTS Intelligence found that only a minority of workers surveyed — at 20% — said that it was “very or extremely” likely that they’d switch jobs in the next year. At the same time, we noted that 83% of consumers eyed 2024 with concerns about the economy. Only 38% of consumers said […]
February 03, 2024
It seems United States consumers expect little reprieve from inflation-fueled rising prices of goods and services moving into 2024. Although consumers report feeling somewhat better about their current finances, data...
August 25, 2017
There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According to market research provider Gallup’s...
May 05, 2026
The number of hires increased to 5.6 million in March, a figure that was 655,000 higher than the previous month, the Bureau of Labor Statistics (BLS) said in a Job Openings and Labor Turnover Summary (JOLTS) report released Tuesday (May 5). The BLS highlighted 165,000 new hires in professional and business services, 124,000 in accommodation […]
August 24, 2025
There’s good news and bad news these days when it comes to the American labor market. On the plus side, The Wall Street Journal (WSJ) said in a report Saturday...
January 08, 2025
America’s employment picture ended the year on a down note, ADP’s latest findings show. “The labor market downshifted to a more modest pace of growth in the final month of...
September 05, 2024
The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat. So said human resources (HR)...