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...
The number of job openings in the United States declined by 4.8% in April. There were 8.1 million job openings available on the last business day of April, down from 8.4 million in March, the Bureau of Labor Statistics (BLS) said in a Job Openings and Labor...
It seems United States consumers expect little reprieve from inflation-fueled rising prices of goods and services moving into 2024. Although consumers report feeling somewhat better about their current finances, data shows that optimism for 2024 remains lukewarm. As of December 2023, 60% of consumers lived...
Initial claims for unemployment insurance benefits decreased during the week ending on Saturday (Aug. 19). The seasonally adjusted figure for that week’s initial claims stood at 230,000, marking a decline of 10,000 from the previous week’s revised level, the U.S. Department of Labor (DOL) said...
February 03, 2024
It seems United States consumers expect little reprieve from inflation-fueled rising prices of goods and services moving into 2024. Although consumers report feeling somewhat better about their current finances, data shows that optimism for 2024 remains lukewarm. As of December 2023, 60% of consumers lived paycheck to paycheck, with 19% struggling to pay their monthly […]
August 25, 2017
There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According to market research provider Gallup’s...
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 compound inflation. “The labor market has become a little less hot, a little bit more normal. The number of job openings has declined some. We’ve […]
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....
June 04, 2024
The number of job openings in the United States declined by 4.8% in April. There were 8.1 million job openings available on the last business day of April, down from...
August 24, 2023
Initial claims for unemployment insurance benefits decreased during the week ending on Saturday (Aug. 19). The seasonally adjusted figure for that week’s initial claims stood at 230,000, marking a decline...