After adding more than 350,000 jobs in January, the United States labor market is on fire. Meanwhile, the unemployment rate held low at 3.7%, while the average hourly earnings in
Applications for jobless benefits fell to their lowest in five weeks, despite more layoffs. The Labor Department reported a decrease of 12,000 in unemployment claims to 201,000 for the week ending Feb. 17. The four-week average of claims fell to 215,250. 1.86 million Americans were collecting jobless benefits during the week that ended Feb. 10. The U.S.
Expectations for the U.S. central bank to cut rates by year end have been slashed to 117 basis points (bps) from 140 bps just before the release of last Friday’s blowout jobs report, trading in the overnight Fed funds rate show.
62 per cent of US tech firms are increasing salaries to attract in-demand professionals and keep their most valued team members from leaving, as per a survey
In this article, we will look at the top 19 industries that are hiring right now. We have also discussed the state of US labor market. If you want to skip our detailed analysis, head straight to the Top 5 Industries That are Hiring Right Now. State of the US Job Market in 2024 In […]