Payrolls expanded and unemployment dropped last month after a health care strike ended and a harsh winter abated.
Category: Labor and Jobs
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March Jobs Report Shows Stronger U.S. Market Than Expected With 178,000 New Positions
The New York Times – Business: -
Why Is the Labor Market Stuck?
The New York Times – Business:Our chief economics correspondent, Ben Casselman, describes how a “low-hire, low-fire” labor market has left American job-seekers in a bind.
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Strong Jobs Numbers Make the Fed’s Job Easier
The New York Times – Business:Robust job growth in March suggests that the labor market remains relatively healthy, allowing officials at the central bank to focus on fighting inflation.
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Economists Are Drawing Stronger Connections Between A.I. and Jobs
The New York Times – Business:Artificial intelligence hasn’t disrupted the labor market, economists say, but they are increasingly convinced that it will — and that policymakers are unprepared.
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Skilled Foreign Workers Think About Leaving the U.S.
The New York Times – Business:As the Trump administration cracks down on the H-1B visa program, which allows skilled workers like software engineers to work in the United States, foreign professionals are debating whether to stay and build careers or quit the American Dream.
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Jobs and Workers Are In Balance. Nobody Is Happy About It.
The New York Times – Business:Lower immigration has brought labor supply in line with shaky demand, but economists worry that such a slow-moving job market is at risk of toppling over.
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Why College Graduates Feel Betrayed
The New York Times – Business:Their anger goes far beyond the recent rise of unemployment and the looming threat of A.I.
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Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump
The New York Times – Business:The cut represents about 20 percent of the video game company’s work force, a spokeswoman said.
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College Graduates Are Facing the Grimmest Job Market in Years
The New York Times – Business:Artificial intelligence could reshape work, but for now a low-hire, low-fire labor market is the main impediment for young people seeking employment.
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Should I Tell My Employee I Think He Has ADHD?
The New York Times – Business:Plus, my co-workers had an affair and misused company funds. Somehow, I’m the one dealing with the fallout.
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Federal Reserve holds interest rates steady as Iran war upends the economic outlook.
The New York Times – Business:Most officials at the U.S. central bank still expect at least one quarter-point cut to interest rates this year.
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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
The New York Times – Business:Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.