Economy

“April jobs report: Payrolls rose by 266,000, sharply missing estimates, as unemployment rate increased to 6.1%”

“The Labor Department released the April jobs report Friday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus data compiled by Bloomberg: Non-farm payrolls, April: +266,000 vs. +1.000 million expected and a revised +770,000… Continue Reading…

Economy

“KFC looks to hire 20,000 workers as restaurant industry faces labor crunch”

“Fast-food chains typically hire tens of thousands of workers in time for the summer months, which are among the busiest for the sector. This year, the hiring announcements arrive as restaurants report a shortage of willing workers. The labor crunch is… Continue Reading…

Banking, Economy

“Positive Job Growth In March: High Treasury Yields Continue”

“U.S. Treasury yields were slightly higher on Friday morning, following a better-than-expected March jobs report. The yield on the benchmark 10-year Treasury note climbed to 1.688% at 8:32 a.m. ET. The yield on the 30-year Treasury bond rose to 2.341%. Yields move inversely to… Continue Reading…

Economy

“Job openings rise, layoffs fall as pandemic economy mends”

“Hiring actually began to pick up in February, according to last Friday’s jobs report, which showed that employers added 379,000 jobs, the most since October, while the unemployment rate fell to 6.2%, from 6.3%. While the economy still has 9.5… Continue Reading…

Business

“How to turn your side hustle into a full-time, well-paid job, according to 3 entrepreneurs who’ve done it”

“Be ready to put in the hours A longtime RV repairman, Randall Gibbons started answering people’s questions on JustAnswer, a site that lets people seek help on an assortment of topics, in 2009. In those first few years, he was making just $400… Continue Reading…

Economy

“Job growth stronger than expected in October, unemployment rate slides to 6.9%”

“Employment growth was better than expected in October and the unemployment rate fell sharply… The Labor Department reported Friday that nonfarm payrolls increased by 638,000 and the unemployment rate was at 6.9%. Economists surveyed by Dow Jones had been looking… Continue Reading…

Economy

“Companies added better than expected 749,000 jobs amid jump in construction, hospitality, ADP says”

“The firm’s monthly private-sector jobs count showed growth of 749,000, ahead of the 600,000 expected from a Dow Jones economist survey… The ADP results are “incrementally positive” for the jobs outlook, said Goldman Sachs, which estimates nonfarm payroll growth of… Continue Reading…

Economy

“September jobs report: US economy gains 661,000 payrolls, unemployment rate ticks down to 7.9%”

“The US economy saw another 661,000 jobs added back in September and a modest improvement in the unemployment rate, as the recovery in the labor market continues at a stagnating rate… Change in non-farm payrolls: +661,000 vs. +859,000 expected and +1.489 million in… Continue Reading…

Business, Stocks

“These companies are returning more money to shareholders after cutting jobs”

“Here’s a list of companies that have laid off employees or permanently cut jobs… and plan to return more cash to shareholders: Accenture: The consulting firm said in late August it would lay off about 25,000 global employees, or about 5%… Continue Reading…

Business

“E-Cigarette Maker Juul to Cut Staff by 50%, Exit More Markets”

“E-cigarette giant Juul Labs Inc. could cut more than half its workforce, according to a person familiar with the company’s plans, while it weighs exiting more European and Asian markets, further signs of the once high-flying company’s deteriorating fortunes. Juul… Continue Reading…