Two sets of labor statistics data, released this week, point to a divergence between the job-openings rate and the total number of employees on nonfarm payrolls. And that divergence may well serve as a leading indicator for the…
In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who…
Initial jobless claims dropped by 34,000 to 407,000, much lower than expected. The numbers suggest that the labor market is slowly improving, and nearing the point of reversing the negative trend driven by the deep recession.
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Initial jobless claims unexpectedly rose 13,000 to 462,000, but continuing claims plunged another 112,000 to 4.4 million, the Labor Department announced Thursday. Some of the decline in continuing claims comes from people who have exhausted their benef…
The number of U.S. job openings in July increased 30% from a year earlier, signaling that companies may be starting to hire again, according to the U.S. Labor Department.
Continue reading U.S. Job Openings Rise…