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Job openings rose to 9.6 million in September while the private sector added 113,000 new jobs in October.
Employers are favoring hybrid jobs over fully remote roles according to new data. As previously reported by ESSENCE, some workers don’t see the point in traveling to the office and they’re making their feelings known.
U.S. employers added 528K jobs in July; Unemployment falls to 3.5%
According to the Labor Department, the unemployment rate dropped from 4% to 3.8%.
The report from the Bureau of Labor Statistics showed the unemployment rate remained around 4%.
US Employers
Only Added , 210,000 Jobs
in November.
US Employers
Only Added , 210,000 Jobs
in November.
NPR News reports a dramatic decline
in hiring for the month of November.
Data from the U.S. Department of Labor shows businesses added just 210,000 jobs in the month.
Data from the U.S. Department of Labor shows businesses added just 210,000 jobs in the month.
After strong numbers in September
and October, employment growth
appears to have stagnated.
After strong numbers in September
and October, employment growth
appears to have stagnated.
As the world braces for the spread of the Omicron strain of the coronavirus, future outlooks spell misfortune for the nation’s labor market recovery.
As the world braces for the spread of the Omicron strain of the coronavirus, future outlooks spell misfortune for the nation’s labor market recovery.
According to NPR News, the United States has brought back around 82% of the jobs lost since the onset of the COVID-19 pandemic.
According to NPR News, the United States has brought back around 82% of the jobs lost since the onset of the COVID-19 pandemic.
2.4 million people who lost their job or
left the workforce have yet to return.
Experts say it’s unclear if these
workers will return at all.
We all thought there would be a significant increase in labor supply and it hasn’t happened. , Jerome Powell, chairman of the U.S. Federal Reserve, via NPR News.
Employers around the country say they’d prefer to bolster their workforce but have
a hard time finding applicants.
Employers around the country say they’d prefer to bolster their workforce but have
a hard time finding applicants.
As the labor market recovery drags its feet, experts say we need more time.
As the labor market recovery drags its feet, experts say we need more time.
To get back to the kind of great labor market we had before the pandemic, we’re going to need a long expansion. , Jerome Powell, chairman of the U.S. Federal Reserve, via NPR News.
To get back to the kind of great labor market we had before the pandemic, we’re going to need a long expansion. , Jerome Powell, chairman of the U.S. Federal Reserve, via NPR News
The Department of Labor also reports the nation’s unemployment rate fell to 4.6%.
The service industry continues to struggle and again saw the largest declines, as many restaurants and hospitality sectors struggle amid the pandemic.
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