The US labour market, previously entrenched in a state characterised by minimal hiring and firing, appears to be exhibiting signs of potential improvement. The latest official labour turnover data indicated that employers increased their hiring efforts in June – a Read More …
On paper, the job market appears quite robust. The 4.3% unemployment rate stands below the 10-year average of 4.6% and the 50-year average of 6.1%. For the second consecutive month, the official government count of jobs added exceeded the forecasts Read More …
The recent US government shutdown has postponed the release of the official jobs report for January, which is now scheduled for February 11 rather than this Friday. However, initial insights into private sector hiring indicate that employment growth has faltered Read More …
Recent survey data revealed a growing sense of hopelessness among Americans regarding their employment prospects. The perceived probability of securing employment reached an unprecedented low of 43.1% in December, as reported by the Federal Reserve Bank of New York’s most Read More …
