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Latest Breaking News On - Labor market data - Page 8 : comparemela.com
July Jobs Report: 528,000 Payrolls Added, Unemployment Rate at 3 5%
Job creation unexpectedly surged last month as interest rates climbed higher and falling gas prices offered some hope for cooler inflation.
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The US Has Now Regained All the Jobs It Lost in the Pandemic
The US added 528,000 jobs in July, bringing the national total to 152,536,000 payrolls. That's a new record high and just above pre-pandemic levels.
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The US Is Right Around the Corner From a Complete Employment Recovery
The economy is 524,000 payrolls away from hitting the job count it boasted in February 2020. If hiring holds strong, it could be there in two months.
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Hot Job Market: 4 3 Million Workers Quit in May Despite Recession Fears
"Workers don't think there is a recession happening. Employers certainly don't either," Nick Bunker, an economist at Indeed Hiring Lab, said.
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More Workers Cut to Part-Time in May As Firms Reversed Hiring Plans
The number of Americans involuntarily working part-time rose by 295,000 to 4.3 million last month, signaling some firms are cutting labor costs.
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