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Survey: Job Openings Rose in May Thanks to a Hiring Spurt
The U.S. Department of Labor’s Job Openings and Labor Turnover Survey put the country’s labor market in sharper focus following its June employment report, which showed that payrolls rose by a...
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Here’s Why Workers Weren’t Scared to Quit in August
On its surface, the Department of Labor’s Job Openings and Labor Turnover Survey, or JOLTS report, showed that prospects for the American worker improved slightly in August, the most recent monthly...
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October Job Creation Will Be Low, But Does That Matter?
“It’s going to be difficult to interpret what happened in the labor market in October. I wouldn’t put too much weight on the employment report one way or another,” PNC Financial analyst Gus Faucher...
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J.C. Penney Sends Mixed Signals: Revived Commissions, Employee Layoffs
J.C. Penney (NYSE:JCP) shares finished up 1.15 percent sitting at $7.01 at the end of trading in New York, Wednesday, just before the struggling retailer announced that it plans to close 33 stores and...
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Economist: Labor Market Will Gain Momentum This Year
Initial applications for unemployment benefits seem to have been slightly volatile since the beginning of the year. In each of the past seven weeks, jobless claims have reversed course with...
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Here’s Why the Labor Market Should Brush Off This Jobless Claims Jump
Source: Bytemarks / Flickr For the second consecutive week, the labor market has been handed evidence that layoffs have been increasing. Data released by the Department of Labor on Thursday shows that...
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The Unemployment Rate Likely Jumped in May, and That’s OK
Economists expect that job creation slowed last month, and with that loss of momentum, the unemployment rate will also likely tick upward. But this is not necessarily cause for alarm. The headline...
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