US private sector jobs in April rose by 192,000, surpassing expectations and indicating a strong job market, but annual salary growth in some industries is still low.
Tags: US jobs
US Jobless Rate Surges by 15%; Majority Due to Hurricane Helene and Boeing Strike
The US jobless rate last week has risen by 33,000 to 258,000, exceeding predictions, mostly due to Hurricane Helene and Boeing's temporary furlough for thousands of employees.
US Unemployment Rate Hits 4.3% as July Adds Only 114,000 Jobs
US job growth slowed unexpectedly in July, with only 114,000 jobs added, raising the unemployment rate to 4.3%, the highest since October 2021.
Ohio Chamber of Commerce Rejects $15 Minimum Wage Proposal, Citing Increased Labor Costs
Proposals to raise Ohio’s minimum wage to $15 per hour have failed this year due to insufficient signatures, delaying the initiative to potentially appearing on the ballot in 2025, following opposition from businesses.
US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
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The Biden administration has announced an $11 billion investment in semiconductor-related research and development and a $5 billion fund to launch the National Semiconductor Technology Center.
The administration of President Joe Biden plans to require companies with federal government contracts to disclose compensation ranges in job postings.
US jobs results confirm Fed's expectations and strengthens the dollar. US Dollar is at its strongest in three years against major currencies following the jobs report released on Friday amid growing market expectations that the scaling back the Federal Reserve's stimulus program will come as early as September The U.
Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.
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