(NEW YORK) -- The U.S. added 261,000 jobs in October, exceeding economist expectations and sending a positive signal for the economy days before the midterm elections. The unemployment rate increased to 3.7%. However, the unemployment has stood between a narrow range of 3.5% and 3.7%... Read More.
(NEW YORK) -- More than half of Americans are considering taking on extra jobs to be able to pay for everyday expenses and meet the rising cost of living as inflation remains high. Employees in the U.S. are combating the soaring prices of essentials like... Read More.
(WASHINGTON) -- U.S. employers added 263,000 jobs in September and the unemployment rate fell slightly to 3.5% from 3.7%. Economists were predicting a gain of 250,000 jobs last month. Notable job gains occurred in leisure and hospitality and in health care, according to the Department of... Read More.
(WASHINGTON) -- The Federal Reserve escalated its fight against inflation this week, instituting a major rate increase and saying more will likely follow. The moves will cause a jump in the number of unemployed Americans by the end of next year, the central bank... Read More.
(WASHINGTON) -- U.S. hiring slowed from its breakneck pace but remained robust in August, with the economy adding 315,000 jobs and the unemployment rate rising to 3.7%, according to data released by the Bureau of Labor Statistics on Friday. The report comes one week after... Read More.
(NEW YORK) -- Policymakers and market watchers will be closely watching August hiring data as it comes out Friday. The report comes one week after Fed Chair Jerome Powell triggered a stock sell-off and stoked recession fears with his vow to fight inflation with interest... Read More.
(DETROIT) -- Ford plans to cut 3,000 jobs across the U.S., Canada and India, the automaker said in a letter to employees on Monday, describing the reductions as part of a "reshaping" to get more competitive in the electric vehicle (EV) market. Those affected include... Read More.
(NEW YORK) -- When Paige West decided to scale back the amount of effort she was putting into her corporate job, she joined a growing workplace trend known as "quiet quitting." "When I was quiet quitting, I didn't want to constantly feel that stress of... Read More.
(NEW YORK) -- As the Federal Aviation Administration (FAA) continues to deal with staffing issues on a nearly daily basis, the agency says it has received 57,956 applications for this year's 1,500 open air traffic controller positions. The median annual salary for air traffic controllers... Read More.
(WASHINGTON) -- President Joe Biden on Friday celebrated stronger than expected job growth in July as a strong economic sign as Democrats look to pass a major spending bill focused on climate, health care and tax policies. Speaking from the Blue Room Balcony because he's still... Read More.
(WASHINGTON) -- The U.S. hiring saw a dramatic increase in July, as the economy added 528,000 jobs and the unemployment rate fell to 3.5%, according to data released by the Bureau of Labor Statistics on Friday. The report defied expectations of a hiring slowdown as... Read More.