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Weekly Jobless Claims Near Pandemic Low, Labor Shortages Slow Growth

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Weekly Jobless Claims Near Pandemic Low, Labor Shortages Slow Growth

Last week the number of Americans filing new claims for jobless benefits fell to the lowest level in nearly 18 months further evidence that job growth is being slowed by labor shortages rather than declining demand. In the week ending September 4, the advance figure for seasonally adjusted initial claims was 310,000, a decrease of […]

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Consumer Spending Decline An Ominous Sign COVID-19 Ravaged US Economy Is Weakening

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Consumer Spending Decline An Ominous Sign COVID-19 Ravaged US Economy Is Weakening

Sept. 9, 2021 — A 2.7 percent consumer spending decline is yet another ominous sign the COVID-19-ravaged US economy is in trouble. The report comes just as millions have lost extended federal unemployment benefits, joining millions more in Republican-led states that cut off enhanced unemployment benefits early. The consumer spending decline comes after last week’s […]

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NLRB Will Seek All Available Remedies To Address Unlawful Conduct, Top Lawyer Says

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NLRB Will Seek All Available Remedies To Address Unlawful Conduct, Top Lawyer Says

Seek All Available Remedies To Address Unlawful Conduct, the NLRB’s top lawyer said in a memo to the board’s regional offices where much of the work of enforcing labor laws takes place. The National Labor Relations Board’s top attorney issued a memo on Wednesday stating that the board will act forcefully to protect workers’ rights. […]

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US Staffing Revenue Will Grow 16% This Year To Record High: SIA forecast

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US Staffing Revenue Will Grow 16% This Year To Record High: SIA forecast

September 08, 2021 — US staffing revenue will grow by 16% this year to a record total of $157.4 billion, up from 12% growth estimated in the April forecast, according to the “US Staffing Industry Forecast: September 2021 Update” report released this week by the contingent workforce consulting firm Staffing Industry Analysts. “The bounce back […]

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Job Openings Set Record 10.9 Million In July 2021: BLS

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Job Openings Set Record 10.9 Million In July 2021: BLS

Sept. 8, 2021 — Job openings set record levels in the US with 10.9 million in July, up from the previous record of 10.2 million set in June, the U.S. Bureau of Labor Statistics reported today. The most job openings were in in the healthcare and social assistance sector, with a gain of 294,000 listings, […]

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US Employment Forecast At 0.7% Annual Growth 2020-2030: BLS

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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 […]

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Nurse Shortage Becomes A Crisis, Pandemic Pressures Pushing Profession To Brink

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Nurse Shortage Becomes A Crisis, Pandemic Pressures Pushing Profession To Brink

The twin pressures of the nurse shortage and COVID-19 pandemic are pressing the nursing profession to the brink of collapse with calls for national emergency declaration, strikes and state committing big bucks to bring in more medical help. Last week (Sept. 1, 2021) he American Nurses Association called on the US Department of Health and […]

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Walmart raises pay, but only for some workers: Happy Labor Day

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Walmart raises pay, but only for some workers: Happy Labor Day

Walmart raises pay? Not so fast. The nation’s largest employer, Walmart, is not giving a raise to more than half of its employees. Walmart made headlines this week by raising pay to $15 an hour for some employees, instantly creating a second tier of lower paid employees within its the massive ranks of already low-paid […]

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African American unemployment rate rises August, African American men hit hard

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African American unemployment rate rises August, African American men hit hard

The decline in unemployment in August 2021 masked a rise in the African American unemployment rate and African American men in particular. The unemployment rate for African Americans rose to 8.8 percent in August from 8.2 percent in July, Bureau of Labor Statistics data show. Among African American men, unemployment reached 9.1 percent, up from […]

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August Job Growth Disappoints with 235K jobs created, unemployment down slightly

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August Job Growth Disappoints with 235K jobs created, unemployment down slightly

Total nonfarm payroll employment rose by 235,000 in August, and the unemployment rate declined by 0.2 percentage point to 5.2 percent, the U.S. Bureau of Labor Statistics reported today. So far this year, monthly job growth has averaged 586,000. In August, notable job gains occurred in professional and business services, transportation and warehousing, private education, […]

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