The Labor Department reported Thursday that the number of applications has exceeded 200,000 since early February – above previous estimates.
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Posted inBusiness, Nation & World, News
U.S. job openings slipped to 9.9 million in February
Vacancies were down from 10.6 million in January, the Labor Department says.
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More Americans file for jobless claims; layoffs remain low
U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation.
Posted inBusiness, Nation & World, News
Amazon to lay off 9,000 more employees on top of 18,000 in January
The job cuts would mark the second largest round of layoffs in the company’s history.
Posted inBusiness
U.S. applications for unemployment benefits lowest in 15 weeks
December’s jobs report suggests the labor market may be cooling in a way that could aid the Fed’s fight against high inflation.
Posted inBusiness, Nation & World, News
U.S. hiring remains brisk as employers add 223,000 jobs
The number is further evidence that the economy remains healthy, yet also a sign that the Federal Reserve may still have to raise interest rates aggressively to slow growth and cool inflation.
Posted inMaine Voices, Opinion
Maine Voices: Remote work is not a solution for all individuals with disabilities
It’s high time we tackle the prejudice that causes disproportionate hardship and possible job loss for people with disabilities who are performing those jobs satisfactorily.
Posted inBusiness, Nation & World, News
U.S. hiring remained strong in November as employers add 263,000 jobs
The strength of November’s hiring gain will raise concerns that the Fed may now have to keep rates high even longer than many had assumed.
Posted inBusiness, Nation & World, News
Recurring U.S. jobless claims rise to highest since February
Although the gauge has been rising for the last two months, it’s still near historic lows. In Maine, the number of unemployment claims fell from the level in the preceding week.
Posted inBusiness, Nation & World, News
U.S. firms slow hiring; wage gains moderate
Businesses’ payrolls rose 127,000 this month, the smallest gain since January 2021.