The U.S. economy added the equivalent of a large company in October, according to data released Friday (Nov. 1) from the Bureau of Labor Statistics. More than 12,000 positions were added last month, which missed estimates of 100,000 roles. Stocks roared out of the gate,...
The number of job openings in the United States declined to 7.4 million in September, down from 7.9 million in August and 9.3 million in September 2023. The Bureau of Labor Statistics (BLS) released these figures Tuesday (Oct. 29) in a press release and table...
The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said in a Thursday (Oct. 24) press release. There were 227,000 initial claims for unemployment insurance during the week ended Saturday...
The United States economy added 254,000 jobs in September, exceeding economists’ expectations and potentially mitigating some recent concerns about job prospects among the paycheck-to-paycheck consumer segment. The gains in total nonfarm payroll employment also surpassed the average monthly gain over the previous 12 months, which...
September 11, 2024
Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected Threats That Could Impact Your Business.” Has unpredictability become the new normal? Stock market fluctuations, shifting consumer behavior and rising unemployment […]
July 13, 2023
Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these paychecks can have massive detrimental...
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...
December 14, 2020
In some ways, there was only one global story that mattered this year. The pandemic was the common element in every economic look back or for that matter, any look...
November 21, 2024
Fewer Americans are filing for unemployment benefits, but more are remaining unemployed after filing, the Department of Labor (DOL) said Thursday (Nov. 21). The number of initial claims for unemployment insurance declined by 6,000 during the week ended Saturday (Nov. 16), the DOL said in a Thursday press release. The total of 213,000 initial claims […]
October 29, 2024
The number of job openings in the United States declined to 7.4 million in September, down from 7.9 million in August and 9.3 million in September 2023. The Bureau of...
October 24, 2024
The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest level in about three years, the Department of Labor said in a Thursday (Oct. 24)...
October 04, 2024
The United States economy added 254,000 jobs in September, exceeding economists’ expectations and potentially mitigating some recent concerns about job prospects among the paycheck-to-paycheck consumer segment. The gains in total...
