Feb 07 Boeing plans to cut about 2,000 jobs in finance and human resources for 2023 By Associated Press Boeing says it plans to cut about 2,000 jobs from the aerospace company's finance and human resources departments in 2023. Continue reading
Feb 03 Watch 6:40 Hiring surges but trends show more working-age men dropping out of labor force By Paul Solman, Ryan Connelly Holmes Job growth surged last month, shaking off fears of a hiring slowdown. Employers added 517,000 jobs in a hiring boom far stronger than anyone had expected. The jobless rate dropped to 3.4%, the lowest level in 53 years. The report… Continue watching
Feb 03 WATCH: Strong job numbers show ‘economic plan is working,’ Biden says By Associated Press President Joe Biden will give remarks on Friday following reports that 517,000 jobs were added in January, a surprisingly strong gain in the face of the Federal Reserve's aggressive drive to slow growth and tame inflation with higher interest rates. Continue reading
Jan 31 U.S. wage growth slowed in the last quarter of 2022 By Christopher Rugaber, Associated Press Pay and benefits for America's workers grew at a healthy but more gradual pace in the final three months of 2022 which could help reassure the Federal Reserve that wage gains won't fuel higher inflation. Continue reading
Jan 06 December unemployment falls slightly to 3.5 percent, tied for a 50-year low By Christopher Rugaber, Associated Press America's employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring. Continue reading
Nov 29 WATCH: Biden says unions ‘built the middle class’ during visit to Michigan computer chip plant By Chris Megerian, Associated Press His support of unions is a staple of his speeches, but on Tuesday, it came as he was appealing to lawmakers to override union concerns to prevent a rail strike after an earlier deal started to fall through. Continue reading
Nov 04 Labor market adds 261,000 jobs with U.S. employers still hiring at solid pace By Christopher Rugaber, Associated Press America's employers kept hiring briskly in October, adding a substantial 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation. Continue reading
Oct 18 What is quiet firing, and how do you know if it’s happening to you? By Casey Kuhn, Nicole Ellis “The Great Resignation really sparked a lot of these conversations around what is causing employees to be burnt out and disengaged." With employees feeling very empowered right now, “I think there's pushback from leadership where there's almost like this loss… Continue reading
Oct 07 WATCH: President Biden praises U.S. jobs data, but seeks ‘stable growth’ By Associated Press President Joe Biden hailed new job numbers Friday, saying the slowdown in job growth shows the United States is transitioning to "more stable growth," although he warns that there is "still a lot of work" to be done. Continue reading
Oct 07 Stocks slump on fears about rates, recession after jobs data By Stan Choe, Associated Press Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a recession more likely. Continue reading