Jun 07 Watch 5:35 After a decades-long decline in teen employment, Gen Z is reversing the trend By Amna Nawaz, Azhar Merchant The latest jobs report showed an unexpected surge in hiring. The leisure and hospitality sector has been growing at a steady clip and added over 42,000 jobs, an encouraging prospect for teenagers looking for a job this summer. After a… Continue watching
Feb 26 Forecasters raise expectations for 2024 U.S. economy By Associated Press The economy looks set to grow 2.2% this year after adjusting for inflation. That’s up from an earlier forecast of 1.3%. Continue reading
Jan 05 Labor report indicates U.S. job market’s resilience amid high interest rates By Paul Wiseman, Associated Press Hiring remains steady, and while employers are posting fewer openings, they are not laying off many workers. Despite the low unemployment and cooling inflation, polls show that many Americans are dissatisfied with the economy. Continue reading
Dec 08 U.S. employers add 199,000 jobs as economy shows signs of ‘soft landing’ By Christopher Rugaber, Associated Press Most economists and Wall Street traders think the Fed’s next move will be to cut rates, though that might not happen until the second half of 2024. Continue reading
Sep 25 Why the job market has weathered rising interest rates, grim economic forecasts By Christopher Rugaber, Associated Press Inflation has tumbled from its peak of 9.1% in June 2022 to 3.7% on the back of the Fed’s rate hikes. Yet the unemployment rate, at a still-low 3.8%, has scarcely budged. Continue reading
Aug 26 Watch 6:17 Why unpaid internships still exist despite hardships for young workers By John Yang, Andrew Corkery Internships can give a leg up to students starting their careers. According to the National Association of Colleges and Employers, more than half of internships lead to full-time jobs. But 47 percent of U.S. interns were unpaid in 2022, creating… Continue watching
Jul 06 U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market By Paul Wiseman, Associated Press The Labor Department said employers posted 9.8 million job vacancies, down from 10.3 million in April. But layoffs fell slightly, and more people quit their jobs — a sign they were confident they could find better jobs elsewhere. Continue reading
Aug 22 Ohio searching for 7,000 construction workers to build Intel chip plants By Andrew Welsh-Huggins, Associated Press Ohio's largest-ever economic development project is coming with a big employment challenge. Continue reading
Aug 05 U.S. employers added 528,000 jobs, and unemployment falls to 3.5 percent By Paul Wiseman, Associated Press Most economists believe the strong jobs market has kept the economy from slipping into a downturn. Continue reading
Apr 21 Watch 5:23 News Wrap: WHO says global COVID-19 cases drop by nearly a quarter In our news wrap Thursday, winds are expected to intensify as firefighters battle a growing wildfire outside of Flagstaff, Arizona. The World Health Organization said today that global COVID-19 cases dropped by nearly a quarter last week. And the total… Continue watching