The U.S. economy continued to add new jobs in August, although the pace slowed compared to the previous month, while wages continued to move upward, government data released today showed. In particular, jobs in the economy increased by 315,000 last month, after the rise of 526,000 jobs in July, as the US Department of Labor […]
Tag: Jobs
ERGANI: The balance of employment in the seven months of 2022 is positive by 270,191 jobs
The balance of employment was positive by 270,191 jobs both in the seven months January – July 2022 and in the month of July, according to the data of the “ERGANI” Information System. Specifically, in the seven-month period January – July, recruitment announcements reached 1,719,989 and resignations reached 1,449,798 (826,364 terminations of open-ended contracts or […]
Do you think the recession will be avoided? Read this
By Stephen Mihm Encouraging data on its US jobs numbers on Friday – which came in well above expectations – seemed to suggest recession fears were somewhat overblown. At the very least, they add yet another contradictory piece of data to a confusing collection of economic indicators. Perhaps this means that the US can avoid […]
USA: New jobs exceeded estimates, unemployment at a 50-year low
The U.S. economy hit the gas in July, adding more than half a million jobs, giving the Federal Reserve much-needed room to continue its aggressive rate hikes to rein in the highest inflation in 40 years. In particular, the US labor market added another 528,000 jobs, beating analysts’ estimates of 250,000 jobs last month in […]
USA: New jobs exceeded estimates, unemployment at 3.6%
The U.S. economy continued to add new jobs in June at a pace that beat analysts’ estimates, keeping the unemployment rate near a 50-year low and easing concerns that aggressive U.S. interest rate hikes will also hurt employment. In particular, data released today by the US Labor Department showed that the economy added another 372,000 […]
Israel to grant new permits to Palestinians to work in processing to fill vacancies
Israel’s cabinet approves 3,500 additional permits for Palestinian workers in Israel’s manufacturing and services sector to 12,000 to help alleviate shortage of skilled workers, the economy ministry said today, according to Reuters. . Workers from the West Bank and Gaza Strip, territories occupied by Israel during the Six-Day War in 1967, need permits to cross […]
US: Figures for new jobs in May exceeded expectations
New private sector jobs in the United States rose in May, but fell short of expectations, according to data released by the ADP Research Institute on Thursday. In particular, U.S. companies added an additional 128,000 jobs last month, up from 299,000 new jobs forecast by economists in a Wall Street Journal poll. The largest contributors […]
US: 11.4 million job vacancies in April
Job vacancies in the US narrowed slightly in April, remaining at extremely high levels, suggesting that wages will continue to rise as companies try to attract workers, helping to keep inflationary pressures at bay. In particular, job vacancies in the US fell by 455 thousand to 11.4 million in April, after a record 11.9 million […]
US: Unemployment fell to 3.6% in March
The US economy added nearly half a million jobs in March, while the unemployment rate fell to a new two-year low, which is expected to allow the US Federal Reserve to continue tightening its policy in the coming months to address the inflation rally to high 40 years old. According to the US Department of […]
USA: New jobs exceeded estimates, unemployment fell to 3.8%
The US economy continued to add new jobs in February, exceeding analysts’ estimates, while in the previous two months the employment boost was stronger than originally estimated. In particular, the economy added another 678,000 jobs in February, according to data released today by the US Department of Labor. The unemployment rate fell further to 3.8% […]