Tag Archives: daniel zhao

Hundreds of thousands of young Americans have yet to find a job | Forum

Despite dramatic job growth over the past 22 months, the U.S. labor force participation rate is still 1.1 percentage points – or about 1.8 million people – lower than it was on the eve of the pandemic in February 2020. The labor force participation rate is the number of Americans …

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There are over 11 million open jobs in America right now

The job market is under sustained pressure where there are tons of job vacancies, new hires and people leaving at the same time – which turns out to be great for job seekers and difficult for recruiting managers. In January, there were 11.3 million job vacancies, 6.5 million hires and …

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Economy creates 678,000 solid jobs in February, unemployment drops to 3.8%

The United States added 678,000 jobs and the unemployment rate fell to 3.8% in February, according to data released Friday by the Labor Department. Unprecedented demand for workers and resilient consumer spending helped fuel another month of strong job growth in February. Economists had expected the United States to add …

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Was the January jobs report really that good?

It looks like the US economy ultimately didn’t dodge the Omicron bullet. The Labor Department’s jobs report, released Friday, showed the US economy added 467,000 jobs in January and the unemployment rate rose only marginally to 4.0%. Several outlets hailed these numbers as a pleasant and unexpected surprise after many …

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January jobs report shows 467,000 jobs added last month

Despite a forecast of bad news in the January jobs report, the report, released today, delivered a lot of good news. Employers added 467,000 jobs last month, when many people thought omicron would bring the number down. Also, it turns out that we added about 700,000 more jobs in November …

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US adds 467,000 jobs in January despite Omicron chaos

US employers unexpectedly added 467,000 jobs in January, far more than expected, even as businesses and workers weathered chaotic conditions due to the Omicron variant. The US unemployment rate was 4.0%, up slightly from December. The stronger-than-expected January numbers followed a dismal report last month, when U.S. employers added just …

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The best jobs in the US look to technology: senior economist at Glassdoor

Glassdoor Senior Economist Daniel Zhao joins Yahoo Finance Live to discuss demand for STEM workers, which values ​​employee priorities such as flexibility, workforce shifts to technology and report revisions on January jobs. Video transcript AKIKO FUJITA: Job site Glassdoor has released its annual list of the best jobs in America. …

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US economy ignores omicron and creates 467,000 jobs in January

WASHINGTON (AP) — In a surprising burst of hiring, U.S. employers added a robust 467,000 jobs last month, a sign of the economy’s resilience in the face of a wave of omicron infections. The government report on Friday also revised up its estimate of job gains for November and December …

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Economists brace for mediocre jobs report

January’s record COVID-19 surge may have caused the first drop in employment since President BidenChief Joe BidenOath Keepers Speaks to Detention Center’s Jan. 6 Panel Biden Nominee Faces Fintech Job Scrutiny and Compensation Defense and National Security of the Day at next day – Pentagon deploys 3,000 troops to Europe …

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The 50 best jobs in America for 2022, according to Glassdoor

Young factory worker holding production development presentation to business managers and colleagues. Getty Two years into the coronavirus pandemic, the workplace has changed dramatically. With millions of Americans working from home and reassessing what’s most important to them, the jobs considered most desirable have changed and may even come as …

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The 10 best American jobs of 2022, according to Glassdoor

The U.S. job market is teeming with new opportunities despite an increase in coronavirus infections caused by the omicron variant. Many of the best jobs offer flexible work arrangements and six-figure salaries, according to new research from Glassdoor. On Tuesday, Glassdoor released its latest report highlighting America’s 50 Best Jobs …

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Employers add 199,000 dismal jobs in December, unemployment rate hits 3.9%

The latest hiring figures fell below expectations for December. 7 January 2022, 17:44 • 5 minutes to read Share on FacebookShare on twitterEmail this article Employers added 199,000 lackluster jobs last month – less than half of economists’ expectations – and the unemployment rate fell to 3.9%, the Labor Department …

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Wages continue to grow strongly for American workers

The hiring boom was first manifested in low-paying hospitality jobs, but now recruiters see a boiling job market everywhere.MediaNews Group / Reading Eagle / Getty Images Salaries have increased 4.7% over the past year, according to the Bureau of Labor Statistics. Leisure and hospitality workers have seen their wages increase …

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Payroll expected to accelerate as unemployment rate drops to 4.1%

The U.S. economy likely ended 2021 with a month of solid job growth, as hiring picked up before the latest wave of Omicron-related infections had a significant impact on the job market. The Labor Department is expected to release its December employment report on Friday at 8:30 a.m. ET. Here …

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Omicron has yet to halt the jobs recovery

Originally posted: 06 JAN 22 08:45 ET By Anneken Tappe, CNN Business (CNN) – America ended 2021 with strong job gains, economists predict. But just days into the new year, the Omicron variant is causing a spike in infections and hardship for businesses. Will this derail the job recovery? It’s …

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4.5 million Americans quit their jobs in November

More than 4.5 million Americans left their jobs in November, the highest number since the “big resignation” began during the pandemic, according to Labor Department data released Tuesday. This means that 370,000 more people left their jobs in November than in October. Meanwhile, vacancies in November stood at 10.6 million, …

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Hiring stagnated in November, with companies adding only 210,000 jobs

Job growth stagnated in November, with employers creating a disappointing 210,000 jobs last month, the Labor Department said on Friday. This represents a sharp slowdown from October, when companies added more than double that number of new hires. Economists had predicted that employers hired about 535,000 workers last month. The …

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Five things to know about the November jobs report

The November jobs report gave a confused picture of an improving economy. Overall job growth has been well below expectations, with the United States creating just 210,000 of the roughly 500,000 jobs that analysts predicted the economy would gain last month. Despite this, the unemployment rate fell from 4.6% to …

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Grim November jobs report showed massive slowdown in restaurant and hotel hires

A person walks past a sign advertising a job at a fast food restaurant on November 5, 2021 in New York City. Spencer Platt / Getty Images The November jobs report was by no means exceptional, with a payroll gain of just 210,000. The leisure and hospitality industry gained 23,000 …

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Employees leaving their jobs are at an all time high

According to a Bureau of Labor Statistics survey, Americans give up their jobs in record numbers. On Friday, the union organization revealed that 4.4 million people had left their employers in September, an increase of 3%. Although the workforce report includes all aspects of work and jobs in the country, …

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Americans set record for job quits in September

A record 4.4 million Americans left their jobs in September, the government reported on Friday, another indication of continuing instability in the U.S. workforce. The Bureau of Labor Statistics’ Job Openings and Turnover Survey (JOLTS) also found that the total number of job openings in September was relatively unchanged at …

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October Jobs Report: America Goes Back to Work

But economists are optimistic that the string of bad news will end with the October jobs report, which is due on Friday morning. This could be good news for President Joe Biden after voters sent a strong message this week about their disappointment with the US economy. Analysts polled by …

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Why women are quitting their jobs in record numbers

The news is not all gloomy, especially for those who are able to re-enter the workforce. Klotz of Texas A&M said The Great Resignation may well become an opportunity for companies to reorganize the job market in The Great Labor Reset, offering higher wages and better benefits. “There is an …

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US workers leaving their jobs hit record in August

As the economy struggles to get back on track amid the pandemic, businesses are struggling to find employees – and workers are finding they have leverage. Nearly 4.3 million workers voluntarily left their jobs in August, according to the Ministry of Labor said Tuesday. This was an increase from the …

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Jobs report disappointing, with 194,000 new jobs

New jobs rose by 194,000 in September, a far cry from economists’ estimates of 500,000 and a sharp drop from 366,000 in August and 1.1 million jobs added in July, the Bureau of Labor Statistics reported Friday (October 8). This latest monthly report reflects the biggest drop in job creation …

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Schools struggle to hire teachers, says BLS jobs report

The September employment report revealed a drop of 144,000 in local education employment. Part of the shocking loss could be due to failures in accounting for distance and hybrid learning. Yet teachers quit their jobs during the pandemic due to stress and low salaries. Loading Something is loading. The United …

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Delta variant and worker shortage limit job growth

WASHINGTON (AP) – U.S. employers added just 194,000 jobs in September, a second consecutive lukewarm gain and proof that the pandemic has maintained its grip on the economy, with many businesses struggling to fill millions of workers. ‘open jobs. Friday’s Labor Department report also showed that the unemployment rate fell …

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August 2021 shock employment report: only 235,000 new jobs

Job creation for August was a huge disappointment, with the economy adding just 235,000 jobs, the Labor Department reported on Friday. Economists surveyed by Dow Jones were looking for 720,000 new hires. The unemployment rate fell from 5.4% to 5.2%, according to estimates. With August’s total – the worst since …

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While white-collar workers stay at bay, those in service jobs lack customers

Many highly skilled workers, mostly in white-collar office jobs, left dense city centers to work remotely last year. In their absence, people in public service jobs lost both hours of work and a lot of financial ground. A new working document of the National Bureau of Economic Research explains how …

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Covid pandemic increases remote job search by 460%

MoMo Productions | Digital vision | Getty Images Interest in remote working has increased during the Covid-19 pandemic and persists even as the economy reopens, suggests a new study. The share of online job searches for remote positions jumped 460% in the two years between June 2019 and June 2021, …

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3.7 million more people would have left their jobs without the pandemic

If the pandemic never struck, an additional 3.7 million people would have already left their jobs. That number comes from the dropout trends of 2019, which were wiped out by the pandemic. The withdrawals have reached record highs in recent months and show no signs of abating. Loading Something is …

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Blockbuster: Economy Adds 943,000 Jobs; unemployment drops to 5.4%

The United States created 943,000 jobs in July as a summer rush in travel and leisure spending fueled the economy thanks to an increase in coronavirus cases, the Labor Department reported on Friday. The unemployment rate fell to 5.4 percent in July from 5.9 percent last month, according to the …

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