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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 […]
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 […]
Continue reading …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 […]
Continue reading …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 […]
Continue reading …“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.
Continue reading …A new report measures the “return on investment” offered by various higher education programs.
Continue reading …A significant portion of workers who left their jobs since the coronavirus began surging were financially unprepared, research shows.
Continue reading …Workers at a California restaurant said inadequate safety measures, including unsuitable face coverings, were to blame for a Covid-19 outbreak.
Continue reading …Fewer workers are making more stuff. If it lasts, that’s big news for the economy of the 2020s.
Continue reading …A rise in starting salaries could help counter burnout but pandemic precautions might become a more important differentiator.
Continue reading …