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Search results for: “ Recession”
Economy Still in a Recession 75% of U.S. Says
26/09/2011 Comments Off on Economy Still in a Recession 75% of U.S. Says
Although it officially ended in 2009, 75% of the U.S. population says the economy is still in a recession and 60% don’t think the economy will improve soon, according to a recent Gallup poll. American’s are the least optimistic about the future than they have been in 20 years, according to Gallup. In 1991-1992, About 80% […]
Continue reading …The decline of job creation at new establishments
01/06/2023 Comments Off on The decline of job creation at new establishments
By Haley Klundt and Kevin Cooksey “Creative destruction” is often said to be one of the main drivers of economic growth.1 New businesses, innovative ideas, and modern technology replace outdated processes and production to support healthy economic systems. Similarly, the creation and destruction of businesses and jobs provided by those businesses facilitate robust and resilient […]
Continue reading …US adds 194,000 September jobs in another month of disappointing growth
08/10/2021 Comments Off on US adds 194,000 September jobs in another month of disappointing growthUS economyUS adds 194,000 September jobs in another month of disappointing growthDelta variant and tight labor market holding back hiringEconomists had expected about 500,000 new jobs Dominic Rushe@ …
Continue reading …As jobs day dawns, the Fed sweats tension between full employment and prices.
08/10/2021 Comments Off on As jobs day dawns, the Fed sweats tension between full employment and prices.
Federal Reserve officials are likely to keep a keen eye on Friday’s employment report, as their two jobs — trying to foster full employment while also keeping a lid on inflation — increasingly prove to be a balancing act. Jerome H. Powell, the Fed chair, and his colleagues have been pumping $120 billion into markets […]
Continue reading …A Year After a Jobs Bust, College Students Find a Boom
07/10/2021 Comments Off on A Year After a Jobs Bust, College Students Find a BoomSeniors 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 …Wall Street courts, then skirts, disaster as Evergrande bonds loom large
24/09/2021 Comments Off on Wall Street courts, then skirts, disaster as Evergrande bonds loom large
MANHATTAN (CN) — A rollercoaster of gains and losses rollicked Wall Street this week in an unexpected echo of the wild swings of early 2020, when the Covid-19 pandemic first struck. It began Monday with the Dow Jones Industrial Average falling 614 points — which was an improvement from the point that day when it […]
Continue reading …American wage and job growth to chill this fall, warm by year-end
20/09/2021 Comments Off on American wage and job growth to chill this fall, warm by year-end
American wage growth in 2021 has been the most robust in 20 years, spurred by economic reopening as workers get vaccinated, according to economic research group The Conference Board. But that may be about to change. That spurt of American wage growth may be about slow despite continued labor shortages in some businesses and the […]
Continue reading …Investors tread water, surprised by retail sales and inflation
17/09/2021 Comments Off on Investors tread water, surprised by retail sales and inflationMANHATTAN (CN) — Major U.S. indices did not move much from last week, despite some good news creeping through the usual soup of economic data. By the week’s end, the Dow Jones Industrial Average closed only 24 points lower than last Friday. The S&P 500 and Nasdaq fared similarly, gaining some early in the week […]
Continue reading …California adds nearly 50% of new US jobs in August
17/09/2021 Comments Off on California adds nearly 50% of new US jobs in AugustSACRAMENTO, Calif. (CN) — California’s unemployment rate remains stubbornly high at 7.5% but its months-long hiring spree continues as the state accounted for nearly half of the nation’s new jobs in August. Buoyed by big gains in the government and leisure and hospitality sectors, California employers added 104,000 new jobs —more than any state — […]
Continue reading …US Employment Forecast At 0.7% Annual Growth 2020-2030: BLS
08/09/2021 Comments Off on US Employment Forecast At 0.7% Annual Growth 2020-2030: BLS
Sept. 8, 2021 — The US employment forecast calls for 0.7 percent annual growth with the total number of jobs expanding by 11.9 million jobs from 153.5 million to 165.4 million during the 2020–30 decade, the U.S. Bureau of Labor Statistics reported today. This increase reflects an annual growth rate of 0.7 percent, higher than […]
Continue reading …- Celebrating the Resilience of Low-Income Women
- CEOs Get to Retire Comfortably. Workers Like Me Deserve the Same.
- Jobs Increased 339,000 In May, Unemployment Up 0.3% To 3.7%
- The decline of job creation at new establishments
- Contractor faces 2 serious citations after US Department of Labor finds safety failures led to welder’s death at Bonner Bridge demolition project
- Investigation into worker’s severe arm injury finds Cusseta auto parts manufacturer, supplier willfully ignored safety precautions
- ‘It’s a sweat factory’: Instacart workers ready to strike for pay and conditions
- Ships backed up outside US ports pumping out pollutants as they idle
- Privacy fears as Moscow metro rolls out facial recognition pay system
- ‘We are not machines’: Hollywood workers poised to strike for better conditions
- Boeing pilot indicted for allegedly deceiving US regulators over 737 Max
- Ipswich apprentice butcher encourages others to consider industry
- Ipswich apprentice butcher encourages others to consider industry
- Over 10,000 John Deere workers strike over ‘years’ of poor treatment
- Corporations are pledging to be ‘water positive’. What does that mean?
- US Department of Labor investigation of crane collapse, double fatality on Interstate 10 finds Lufkin company failed to assemble crane properly
- For the 6th time in 7 years, federal inspectors find Illinois contractor putting construction workers at risk of industry’s deadliest hazard
- US Department of Labor proposes $83K in fines to healthcare facility for failing to protect workers from coronavirus hazards
- Facebook says it will do more to prevent online hate, harassment
- As U.S. prepares to reopen border, some urge Canada to relax testing requirement
- Biden orders companies to ease supply chain bottlenecks or he’ll ‘call them out’
- What is the ‘new model’ the EU is proposing for Northern Ireland?
- Apple to make 10 million fewer iPhones due to microchip shortage
- US Department of Labor, Mexican Consulate in Boston enter alliance to promote workplace safety, health among New England’s workers
- US Department of Labor sues Austin luxury car dealer that retaliated against employee who raised concerns of coronavirus hazards
- Vaccine hesitant New Yorkers consider leaving the city as mandates take effect
- Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’
- House passes bill to raise US debt ceiling through early December
- ‘The stakes couldn’t be higher’: GE urged to invest in green US jobs
- Zellers returns — kind of — but the lowest price isn't quite the law
- Cement makers across world pledge large cut in emissions by 2030
- India faces electricity crisis as coal supplies run critically low
- California justice department to investigate enormous oil spill