This month’s jobs report is projected to show slowing hiring and cooling wages. That’s according to a survey of economists published Thursday (July 4) by Bloomberg News, one day before the Bureau of Labor Statistics releases its monthly wages/employment report. This survey forecasts that payrolls likely increased by 190,000...
America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling wage growth does not threaten to compound inflation. “The labor market has become a little less hot, a little bit more...
Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released Wednesday (June 5) by ADP. It showed the private sector adding 152,000 jobs in May, down from 188,000 the month...
Nine out of 10 industry sectors monitored by ADP posted job gains in April. The sole exception was the information sector, which lost 4,000 jobs during the month, the human resources (HR) and payroll solution provider said in a Wednesday (May 1) press release detailing...
April 05, 2024
Wages are increasing. The unemployment rate’s lower. The U.S. economy added more jobs in March than had been expected. And yet, it all may not be enough to offset the pressures confronting consumers living paycheck to paycheck. As reported Friday (April 5), and per data from the Bureau of Labor Statistics, employers added 303,000 non-farm […]
March 01, 2024
The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence on their terms, redefining the...
August 14, 2023
Among younger generations, zillennials prove uniquely hesitant to engage with the connected economy when it comes to work. For PYMNTS’ study “The ConnectedEconomy™ Monthly Series: Meet The Zillennials,” we surveyed...
January 02, 2023
Nearly two-thirds of consumers say they’re working jobs that don’t meet their annual salary requirements. And 30% of those consumers say they plan to leave their current role for a...
July 07, 2024
Generative artificial intelligence (AI) helped drive a 118% increase in job scams in 2023. The Identity Theft Resource Center (ITRC) said in a June 26 press release about its 2023 Trends in Identity Report that these scams were primarily carried out through websites like LinkedIn or job search platforms. “Identity thieves are improving at looking and […]
July 04, 2024
This month’s jobs report is projected to show slowing hiring and cooling wages. That’s according to a survey of economists published Thursday (July 4) by Bloomberg News, one day before the Bureau of...
June 13, 2024
America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling wage growth does not threaten to...
June 05, 2024
Job creation in the U.S. is demonstrating signs of slowing as wages remain flat. That’s according to the monthly report on private sector employment released Wednesday (June 5) by ADP....
