The government has asked its new labor rights watchdog to ease the regulatory burden on business, it has emerged, a request which labor advocates have called the risks of reforming the agency a “dead duck”. The Fair Work Agency (FWA), which was launched on Tuesday, is at the heart of the Employment Rights Act. It … Read more
The Employment Status Report from the Bureau of Labor Statistics (BLS) said that total employment increased by 178,000 jobs in March. However, last month’s job losses were revised up to 133,000 jobs, from the 92,000 job losses initially reported. Employment levels in 3 of the 4 multifamily occupations we track are up from levels in … Read more
NEW WILMINGTON, Pa.– While working part-time in college can make an already stressful lifestyle even more difficult, it is a reality for many students across the country and around the world. While Westminster College may be smaller than most universities, the Titans around campus often find ways to keep themselves busy while pursuing higher education.. … Read more
Laura Ullrich sympathizes with college students looking for work. The director of economic research for the workplace is certainly aware of the problem. His son, a data scientist, is getting his master’s degree this year. He says: “Because of the work I do, the parents of many of his friends and his friends ask me … Read more
Hiring across the US increased in March after falling sharply the previous month, as employers added 178,000 jobs, according to new data from the Labor Department. In numbers The March jobs report beat consensus estimates of last month’s gains by 60,000, according to FactSet. The unemployment rate fell to 4.3% in March, from 4.4% the … Read more
Jobless claims increase 178,000 in March Unemployment rate drops to 4.3% from 4.4% amid drop in participation rate The average work week shortens to 34.2 hours from 34.3 hours WASHINGTON, April 3 (Reuters) – U.S. job growth picked up sharply in March as a health care workers’ strike ended and temperatures rose, but labor market … Read more
Nonfarm payrolls are forecast to increase 60,000 in March Economists say it will take time for the oil price hike to affect the labor market The unemployment rate is expected to remain steady at 4.4% WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended … Read more
ORLANDO, Florida, April 2 (Reuters) – US job growth is slowing to a halt. If this was tolerable to policymakers or acceptable to investors before the Iran war, it should not be now. The labor market has been struggling for some time, but this has been overshadowed by the unemployment rate, which has come down, … Read more
California’s two largest pension funds invested more than $2.7 billion with companies that contract with Immigration and Customs Enforcement or the Department of Homeland Security, a new analysis shows. CalPERS, a nationwide megafund for public employees, has invested about $1.6 billion in technology firm Palantir, weapons manufacturers General Dynamics and L3Harris, and telecommunications companies AT&T … Read more
Weekly jobless claims fall 9,000 to 202,000 Continuing claims add 25,000 to 1.841 million The trade deficit widened by 4.9% to $57.3 billion in February WASHINGTON, April 2 (Reuters) – New claims for U.S. jobless benefits fell sharply last week to a record low, suggesting labor market conditions remained calm in March, even as economists … Read more