The job gains were relatively broad-based, but boosted by a 201,000 advance in leisure and hospitality.
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Posted inBusiness, Nation & World, News
That full-time job? Now it’s part-time.
Economists warn against making too much of a single data point, but say the latest spike in involuntary part-time work could be a harbinger of layoffs to come.
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Posted inBusiness
Still hiring: Big Tech layoffs give other sectors an opening
The federal government is making the most aggressive effort to hire thousands of software engineers, data scientists and cybersecurity specialists.
Posted inBusiness
Amazon, Marriott and other companies vow to hire thousands of refugees in Europe
Adidas, Starbucks, L’Oreal, PepsiCo and Hyatt have also joined in the pledge.
Posted inBusiness, Nation & World, News
Employers added 339,000 jobs in May, strong growth that defied headwinds
The unemployment rate rose to 3.7%, with nearly half a million more unemployed workers in May.
Posted inBusiness, Nation & World, News
January U.S. job openings dip, but still high at 10.8 million
Job openings fell from 11.2 million in December but remained high by historical standards, the Labor Department reported Wednesday.
Posted inBusiness, Nation & World, News
U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
It was a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.
Posted inTimes Record
Wayfair set to leave Brunswick Landing
Brunswick Landing’s largest employer, Wayfair, confirmed Tuesday it will not renew the lease on its last Maine office after most local employees shifted to remote work during the pandemic.
Posted inNation & World, News, Schools and Education
Major teacher exodus weighing down recovery of state, local jobs in U.S.
According to Teryn Zmuda, chief economist at the National Association of Counties, higher-paying is especially vulnerable because teachers have left the industry for higher paying private sector jobs.
Posted inBusiness
Beyond Meat executive departs amid job cuts
The company expects to fire 19% of its workforce by the end of the year.