Filings for unemployment benefits, a proxy for layoffs, increased by 17,000 last week but stayed relatively low, as the labor market remains strong and many laid-off workers are landing new jobs quickly. Source link Source link
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Tag: employment
Tweaking the famous “Misery Index” may help it better fit political events. Source link Source link
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Filings for U.S. unemployment insurance, a proxy for layoffs, remained near historically low levels amid a still-tight labor market. Source link Source link
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U.S. worker filings for unemployment benefits remain low despite some recent corporate layoff and hiring-freeze announcements, particularly in the technology sector. Source link Source link
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Seen as a precursor to final placements, summer internship placements at top business schools (B-schools) in India this year have witnessed a healthy rise in stipends being offered to students. With over 140 firms participating in the summer internship placement process at the Indian Institute of Management (IIM)-Indore, the B-school witnessed […]
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The virus is still keeping millions of Americans out of work while reducing the productivity and hours of millions more. That is disrupting business operations and raising costs for employers. Source link Source link
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Most industries are still hiring workers as they seek to catch up with demand. Source link Source link
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Policy makers are looking for signs of reduced wage growth as they work to control inflation. Source link Source link
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Initial jobless claims decreased slightly to a seasonally adjusted 217,000 last week—up from earlier this year but near their prepandemic 2019 average. Source link Source link
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Employers’ total job openings rose 437,000 to a seasonally adjusted 10.7 million in September from an upwardly revised 10.3 million openings the prior month, the Labor Department said Tuesday. Source link Source link
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Federal Reserve officials worry that rising wages will lock the economy into a high-inflation regime. The question facing policy makers is how much of a risk of that happening there actually is. Fed policy makers seem all but certain to raise their target range on overnight rates by three-quarters of a percentage point when they […]
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