Tag: Jobs

Hot Jobs Report Raises Odds Fed Keeps Rates Higher for Longer

(Bloomberg) — The unexpected pickups in US hiring and wages last month increase chances the Federal Reserve will hold interest rates high for longer and potentially keep the door open to an 11th straight hike in June.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveSEC Investigates Trades by First Republic Executives Before Sale to JPMorganHeavy Marijuana Use Increases Schizophrenia in Men, Study FindsBMW Warns Owners ‘Do Not Drive’ 90,000 Cars Reca
— Read on ca.finance.yahoo.com/news/hot-jobs-report-raises-odds-133225469.html

October job growth could be slowest in nearly 2 years, but unemployment remains extremely low

This year’s hot pace of job creation may have slowed in October, but unemployment is expected to remain very low as worker shortages persist.
— Read on www.cnbc.com/2022/11/02/economy-likely-added-fewer-jobs-in-october-but-unemployment-remains-extremely-low.html

Long-term unemployment falls by 357,000 people but is still elevated

About 32% of jobless Americans have been out of work at least six months. That’s a big decline from the pandemic peak, but higher than most periods in history.
— Read on www.cnbc.com/2021/11/05/long-term-unemployment-falls-by-357000-people-but-is-still-elevated-.html

Great Resignation can be an opportunity to transition to a new career

High quit rates and record new job openings point to an employees’ market. Here’s how to make the most of it if you want to take time out to switch careers.
— Read on www.cnbc.com/2021/11/07/great-resignation-can-be-an-opportunity-to-transition-to-a-new-career.html