Tag: Jobs

January 20, 2021

Economists Predict Sharp Slowdown Before Outlook Brightens Considerably

Economists Predict Sharp Slowdown Before Outlook Brightens Considerably

BY EMEL AKAN January 14, 2021 Updated: January 14, 2021 WASHINGTON—Economists are forecasting a strong recovery this year but warn of a sharp drop in economic activity in the first quarter before it builds momentum following the winter. The U.S. economy will grow at 3.9 percent over the four quarters of 2021, according to the latest estimates by theRead More

December 7, 2020

US adds jobs in November at slowest rate since July: ADP

US adds jobs in November at slowest rate since July: ADP

Released on December 2, 2020 The US added 307,000 private-sector jobs in November when compared to October, according to the ADP National Employment Report released today. It was the lowest month-over-month gain since July. “While November saw employment gains, the pace continues to slow,” said Ahu Yildirmaz, VP and co-head of the ADP Research Institute.Read More

November 19, 2020

Forecast for US GDP gets downgrade, but jobs projections improve

Forecast for US GDP gets downgrade, but jobs projections improve

Released on November 16, 2020 Economists downgraded their forecast for growth in US gross domestic product for the remainder of this year and the first nine months of 2021, according to the Philadelphia Federal Reserve’s Survey of Professional Forecasters for the fourth quarter. However, they don’t believe the US unemployment rate will be as highRead More

October 5, 2020

Labor market recovery continues, ADP report says 749,000 new jobs this month

Labor market recovery continues, ADP report says 749,000 new jobs this month

Released on September 30, 2020 The US private sector added 749,000 jobs in September month over month, an increase compared to August and July, according to the ADP National Employment report released today. The US added 481,000 private-sector jobs in August and 216,000 in July. “The labor market continues to recover gradually,” said Ahu Yildirmaz,Read More

September 15, 2020

National Staffing Employee Week starts today

National Staffing Employee Week starts today

Released on September 14, 2020 Today marks the start of National Staffing Employee Week. The week is promoted by the American Staffing Association and aims to enable staffing firms to celebrate the contributions of the millions of contingent workers employed through them. “Staffing companies have played an integral part in economic recovery over the years,Read More
Online job ads index rises in August

Online job ads index rises in August

Released on September 11, 2020 The Conference Board-Burning Glass Help Wanted OnLine Index of help-wanted ads rose in August to a reading of 105.1 from July’s reading of 103.4. The organizations noted the index is also up 0.8% compared to a year ago. The Conference Board produces the index in collaboration with Burning Glass Technologies,Read More

September 2, 2020

Job postings down 21% so far this year, unemployed job seekers more likely to look for work in fields previously engaged: Indeed

Job postings down 21% so far this year, unemployed job seekers more likely to look for work in fields previously engaged: Indeed

Released on August 31, 2020 Indeed reported Friday that job postings on its site were 20.8% lower this year through Aug. 21 than the same period last year. The job board operator also cited separate research it conducted that found people who were unemployed because of the Covid-19 pandemic are more likely to be searchingRead More

August 31, 2020

Pandemic Problems: What’s Keeping Adults Up at Night?

Pandemic Problems: What’s Keeping Adults Up at Night?

Released on August 26, 2020 Younger Generations Worry About Jobs, Older Generations About Cost Increases Three in four U.S. adults are worried about the rising price of groceries (75%) and the increasing cost of living (74%), which they see continuing over the next year as the nation navigates the pandemic’s impact on the economy andRead More
Consumer confidence falls for second month in row, more downbeat on jobs picture

Consumer confidence falls for second month in row, more downbeat on jobs picture

Released on August 25, 2020 The Conference Board Consumer Confidence Index fell for the second month in a row in August as consumers remain concerned about the outlook ahead. “Consumer spending has rebounded in recent months but increasing concerns amongst consumers about the economic outlook and their financial well-being will likely cause spending to coolRead More

July 29, 2020

Consumer confidence falls in July, but more upbeat on jobs

Consumer confidence falls in July, but more upbeat on jobs

Released on July 28, 2020 The Conference Board Consumer Confidence Index fell in July following a large gain in June, raising uncertainty about the recovery. “Looking ahead, consumers have grown less optimistic about the short-term outlook for the economy and labor market and remain subdued about their financial prospects,” said Lynn Franco, senior director ofRead More