The economy has now added an average of 266,000 jobs a month for the past three months, a streak that could make it likelier that the Federal Reserve will raise its key rate again before year’s end as it continues its drive to tame inflation.
The labor department looked into potential discrimination by the federal contractor at its Indianapolis facility as a part of a routine investigation, federal officials said.
Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure—much higher interest rates, to cool spending and hiring—was expected to bring even more pain.
U.S. businesses have been adding an average of about 236,000 jobs per month this year, down from the pandemic surge of the previous two years, but still a strong number.
Human resources experts say by enforcing rigid policies, employers run the risk of losing top performers and diversity.
Nationally, many hotels say they have been trying to increase head count—they just haven’t had much luck. A May survey by the American Hotel & Lodging Association showed 82% of hotels were experiencing staffing shortages, most notably in housekeeping.
Every clean energy sector in Indiana added jobs in 2022 according to Clean Jobs America, and the Indianapolis-Carmel-Anderson metropolitan areas led all metros for the most clean energy jobs.
More than ever, Indianapolis-area companies are becoming so-called “second-chance employers” willing to hire people with arrest records and providing additional services to ex-offenders needing first jobs.
Younger workers and Blacks and Hispanics consider themselves most exposed, while baby boomers and white Americans are less concerned, based on the survey.
Bus driver shortages and teaching vacancies worsened in the wake of the pandemic, but some districts say things are now looking up.
A strong stock market in the first 18 months of the pandemic boosted the retirement earnings of many Americans, helping to spur the “Great Retirement Boom.” Inflation and others factors have since sent some older Americans back to work.
More job seekers are searching for work that allows them to take long-awaited trips without spending all their paid time off.
The June hiring figure reported by the government Friday is the smallest in 2-1/2 years. But it still points to a durable labor market that has produced a historically high number of advertised openings.
U.S. employers added a surprising 339,000 jobs last month, well above expectations, painting a mostly encouraging picture of the job market.
The four-week moving average of claims, which flattens some of the week-to-week fluctuations, rose to its highest level since November 2021.
The labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation.
Meta previously announced 11,000 job cuts in November, about 13% of its workforce at the time.
The decision to offer buyouts comes at an uncertain time for the auto industry, which is in the midst of a transition from internal combustion to electric vehicles. GM has a goal of selling only electric passenger vehicles by 2035.
For 20 straight months, employers have posted at least 10 million openings—a level never reached before 2021 in Labor Department data going back to 2000.
The online platform allows young job seekers ages 16-24 to connect with employers who can provide job opportunities, soft-skill development and job-readiness training.
