job market

Interest rate expectations for the Federal Reserve have undergone volatile swings recently due to conflicting economic data. At the beginning of August, a 50-basis-point rate cut in September seemed like a done deal to many market participants. Some even speculated about the possibility of an...

The U.S. labor market showcased its resilience in May, with nonfarm payrolls surging by 272,000, far surpassing the anticipated 180,000. The upper range among economist predictions, as compiled by Econoday, was 225,000, so even the most optimistic forecasters had not anticipated the booming...

Are more people looking for a job or is the U.S. labor market continuing to show continued tightness? Investors eagerly awaiting an update on the U.S. labor market will get more insight on Friday when the Bureau of Labor Statistics releases the employment situation report for May. Recent labor...

The number of individuals filing for unemployment benefits soared more than predicted last week, suggesting emerging weaknesses in the labor market. Jobless claims rose from 209,000 to 231,000 for the week that ended on May 4, marking the highest level since August of the previous year, according...

The misuse of AI tools like ChatGPT by Gen Z individuals for generating cover letters and job application responses has raised concerns among employers. What Happened: Shoshana Davis, founder of career consultancy Fairy Job Mother, has observed a surge in identical cover letters and job application...

The pace of employment growth among U.S. private businesses exceeded expectations in March, signaling ongoing resilience in the job market. According to the most recent ADP National Employment Report, private employers expanded their workforce by 184,000 new jobs last month, up from 140,000 in...

The U.S. labor market continues to defy pessimistic views on the American economy. More workers in their prime age are experiencing peak levels of participation in the labor markets, even reaching a historical record in the case of women, according to a new economic paper published by the San...

The US stock market could be in a precarious position due to robust job numbers and wage growth, which suggest that the Federal Reserve’s interest rate hikes may not be having the desired impact, warns Cole Smead, CEO of Smead Capital Management. What Happened: As CNBC reported on Monday,...

The pace of new hires in the U.S. private sector has slowed significantly in January 2024, indicating a cooling labor market as wage growth continues to decelerate, according to the latest ADP National Employment Report released on Wednesday. The ADP report is often seen as a precursor to the...

As the new year begins, investors are eagerly awaiting the December U.S. labor market data, a key metric closely watched by the Federal Reserve alongside inflation. The report, due on Friday, Jan. 5, is pivotal in understanding the future direction of U.S. monetary policy. December Jobs Report:...

The pace of monthly employment growth in the private sector of the United States showed a marked improvement in December, indicating the strong resilience of the U.S. labor market. According to Automatic Data Processing Inc., private employers added 164,000 new payrolls in December, surpassing the...

Signs of cooling in the U.S. labor market have begun to surface, leaving investors eagerly awaiting the official November jobs report set to release at 8:30 a.m. ET Friday. This pivotal report comes just ahead of the critical Federal Open Market Committee meeting next week, adding to the high...

Wall Street is poised for a rebound in Wednesday’s session, with futures on major U.S. indices in the green at 8:00 a.m. New York time, following two consecutive sessions of declines for the S&P 500. A worse-than-expected print in the ADP National Employment Report for November has...

Key Takeaways: Tongdao Liepin’s profit fell 72% in the third quarter to 32 million yuan, while its revenue fell about 13% to 559 million yuan  The company is expanding to Hong Kong and working more closely with headhunters as part of several new initiatives to jumpstart growth ...

As the job market continues to evolve, a significant surge in high-paying job opportunities has been observed across multiple sectors. With salaries exceeding $100,000, these roles can attract a broad spectrum of professionals seeking lucrative careers. According to a study by job search...