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...
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...
Economic activity in the United States expanded from early April to mid-May, though it varied in different industries and Federal Reserve districts. While 10 of the 12 districts reported slight or modest growth, Boston and San Francisco said there was no change in activity, the...
May 26, 2023
Today’s restaurants are challenged to be more productive than ever, and to meet those challenges, they need smarter workforce management solutions. In a conversation with PYMNTS’ Karen Webster, Tony Smith, co-founder and CEO at restaurant management software company Restaurant365, which recently announced a $135 million funding round, explained that restaurants are driving more revenue than ever, with […]
October 03, 2022
A strong labor market is a hallmark of a healthy economy. Consumers who are gainfully employed have more freedom to spend and spree, driving commerce and boosting gross domestic product...
April 08, 2019
Good waiters are hard to find. According to the Bureau of Labor Statistics, they are even harder to keep, as the restaurant worker turnover rate is 73 percent every single year. This was...
December 10, 2018
The big news in jobs this past week came from payroll firm ADP, which found the U.S. private sector added 179,000 jobs in November. ADP described the figure as “strong”...
June 27, 2024
The number of people receiving unemployment benefits reached its highest level in over two years. The insured unemployment number for the week ended June 15 was 1,839,000, which was 18,000 higher than the previous week’s revised figure of 1,821,000, the Department of Labor (DOL) said in a Thursday (June 27) press release. The figure for […]
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....
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...
