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

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 […]

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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Today’s News & Commentary—September 7, 2021

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Today’s News & Commentary—September 7, 2021

It was not a happy Labor Day for millions of Americans, as they abruptly lost the unemployment benefits that had sustained them for as many as 18 months. Three federal programs that boosted jobless benefits by $600/week (later lowered $300/week) will expire this week. The federal programs were more inclusive than traditional state unemployment insurance […]

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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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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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This Is the Job Market We’ve Been Waiting For

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This Is the Job Market We’ve Been Waiting For

The new monthly numbers show job growth not seen in recoveries from the previous three recessions.This post was originally published on this site

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June 2021 Jobs Report: Delta Variant Could Complicate Reopening Plans

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June 2021 Jobs Report: Delta Variant Could Complicate Reopening Plans

A consensus of economists puts the expected gain at more than 800,000, although estimates vary widely.This post was originally published on this site

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Will cutting off federal unemployment benefits shake up the job market?

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Will cutting off federal unemployment benefits shake up the job market?

Economists will dig through Friday’s labor data for signs that people went back to work as they lost emergency pandemic aid in some states.

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Europe’s Pandemic Aid Is Winding Down. Is Now the Best Time?

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Europe’s Pandemic Aid Is Winding Down. Is Now the Best Time?

Governments want vaccinations and a business rebound to carry the economy now, but cutting aid too quickly could create economic aftershocks.This post was originally published on this site

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Australia’s unemployment rate falls to 4.9% but underemployment up as lockdowns take toll

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UnemploymentAustralia’s unemployment rate falls to 4.9% but underemployment up as lockdowns take tollThe economy added nearly 30,000 jobs in June but fewer hours were worked overall as a result of Victoria’s lockdown

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