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Jobs Increased 339,000 In May, Unemployment Up  0.3% To 3.7%

Jobs Increased 339,000 In May, Unemployment Up 0.3% To 3.7%

Total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, government, health care, construction, transportation and warehousing, and social assistance. This news release presents statistics from two monthly […]

The jobs data underscores the divide between college graduates and those without degrees.

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The jobs data underscores the divide between college graduates and those without degrees.

  As the economy registered disappointing job growth in September, the divide between those with and without a college education was again stark. Employment for holders of a bachelor’s degree rose by 169,000, and the unemployment rate for that group fell to 2.5 percent from 2.8 percent in August. By contrast, among those with a […]

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September Jobs Report Is Expected to Show an Improvement From August

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September Jobs Report Is Expected to Show an Improvement From August

Economic data on Friday is expected to show that job growth picked up in September but remained suppressed by the latest coronavirus wave, which led Americans to avoid restaurants and travel and made some reluctant to rejoin the work force. Economists surveyed by FactSet expect the report, released by the Labor Department, to show that […]

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A Year After a Jobs Bust, College Students Find a Boom

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A Year After a Jobs Bust, College Students Find a Boom

Seniors and graduates are again in demand as companies revive recruiting, underscoring the economic premium that comes with a diploma. Trevaughn Wright-Reynolds, a senior at Colby College in Maine, expected a lengthy job search when he returned to campus in August. “I wasn’t sure how much interest I was going to get,” he said. “I […]

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How Freelancing Is Changing Work

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How Freelancing Is Changing Work

“When you talk to workers, they don’t want to sign up for a 9-to-5 job,” said Hayden Brown, who runs UpWork, a site that matches freelancers with employers.

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New Report Measures 'Return on Investment' of Various College Degrees

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New Report Measures 'Return on Investment' of Various College Degrees

A new report measures the “return on investment” offered by various higher education programs.

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Many Pandemic Retirees Weren’t Ready. How to Cope if You’re One of Them.

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Many Pandemic Retirees Weren’t Ready. How to Cope if You’re One of Them.

A significant portion of workers who left their jobs since the coronavirus began surging were financially unprepared, research shows.

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McDonald’s Franchise Settles Suit Involving ‘Dog Diaper’ Masks

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McDonald’s Franchise Settles Suit Involving ‘Dog Diaper’ Masks

Workers at a California restaurant said inadequate safety measures, including unsuitable face coverings, were to blame for a Covid-19 outbreak.

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Will the Pandemic Productivity Boom Last?

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Will the Pandemic Productivity Boom Last?

Fewer workers are making more stuff. If it lasts, that’s big news for the economy of the 2020s.

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Wall Street Splashes Cash on Junior Bankers

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Wall Street Splashes Cash on Junior Bankers

A rise in starting salaries could help counter burnout but pandemic precautions might become a more important differentiator.

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