The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
Category: Unemployment
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U.S. employers added 517,000 jobs in January.
The New York Times – Business: -
U.S. employers added 517,000 jobs in January.
The New York Times – Business:The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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Long Covid Is Keeping Significant Numbers of People Out of Work, Study Finds
The New York Times – Business:An analysis of workers’ compensation claims in New York found that 71 percent of claimants with long Covid needed continuing medical treatment or were unable to work for six months or more.
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As France Moves to Delay Retirement, Older Workers Are in a Quandary
The New York Times – Business:A measure to raise the retirement age to 64 from 62 is expected to expose more people to age discrimination: “Companies in France won’t hire them.”
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US Employers Added 223,000 jobs in December
The New York Times – Business:The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
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U.S. employers added 223,000 jobs in December.
The New York Times – Business:Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.
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A slowing job market poses risks for those who’ve been out of work for a while.
The New York Times – Business:The number of people receiving unemployment benefits has been rising, even as new claims remain low.
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Even a Soft Landing for the Economy May Be Uneven
The New York Times – Business:Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.
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France Desperately Needs Workers, but the Fixes Could Anger Left and Right
The New York Times – Business:Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.
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China’s Youths, Stung by Years of Covid Rules, Fear Grim Job Future
The New York Times – Business:A sluggish economy continues to leave many young people unemployed, with few job prospects or hopes to tap into the rising incomes their parents enjoyed during boom times.
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U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy
The New York Times – Business:Employers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.
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U.S. employers added 263,000 jobs in November, the latest sign of the economy’s strength.
The New York Times – Business:The Labor Department report gauged the impact of the Federal Reserve’s campaign to tame inflation by tamping down hiring.