A restaurant manager in Stockton told NBC News that she employed a robot helper to serve patrons because "nobody wants to come in and apply."
Gina Raimondo said the government should invest in caregiving as infrastructure, just like roads, bridges, and airports. "We cannot wait," she said.
Last weekend, The New York Times and Wall Street Journal drew opposite conclusions about the labor shortage. It's just too early, Julia Pollak says.
April's jobs report badly missed the forecast of 1 million payroll additions, coming in at just 266,000. It's such a big miss experts are scrambling.
Businesses are still struggling to hire while 9.7 million Americans actively look for work. Is it fear - or unemployment benefits - keeping them away?
Millennials are catching up to boomers and Gen X in earnings and life events like homeownership, but they're still way behind in building wealth.
The US added 749,000 private payrolls in August, according to ADP’s monthly employment report. The total beat the median economist estimate of 649,000 payrolls, according to estimates compiled by Bloomberg. The report precedes the US government’s nonfarm payrolls report slated for Friday release. Visit Business Insider’s homepage for more stories. […]
A new report from the International Labour Organisation details worse-than-expected damage in the global labour market and forecasts pain lasting through the fourth-quarter of 2020. The United Nations agency expects working-hour losses to remain elevated through the third quarter at 12.1%, or 345 million full-time-equivalent jobs. Global labour income is […]
US private payrolls rose 428,000 in August, according to the ADP monthly employment report released Wednesday. The median economist estimate was that payrolls would rise by 1 million in August, according to Bloomberg data. The report is a precursor to the US government’s July nonfarm payrolls release, scheduled for Friday. […]
US job growth is expected to be 0.4% annually, or an additional 6 million jobs, between 2019 and 2029, according to projections released Tuesday by the Labour Department. That’s slower growth than the 1.3% annual rate between 2009 and 2019, following the Great Recession. The projections do not account for […]
Women now outnumber men is the US workforce for the first time since the end of the Great Recession a decade ago. Data from the Labour Department’s latest jobs report showed that women made up 50.04% of the entire workforce and they gained far more jobs than men in December. […]
President Trump touted his handling of the economy at a speech for the New York Economic Club on Tuesday, pointing out the historically high number of people working in the US as a measure of his success ahead of the 2020 election. “We have the highest number of people working […]
A new report from the Economic Policy Institute showed the average CEO compensation at the US’s 350 largest public companies grew to just under $US19 million in 2017, up 17.6% from the year before. At the same time, compensation for the average US worker grew 0.3% in 2017. The ratio […]
The US is the world’s most powerful military, according to firepower. Russia and China aren’t far behind. President Donald Trump has reemphasized military strength, reportedly planning to ask for $US716 billion in defence spending in 2019 – a 7% increase over the 2018 budget (though spending is currently limited by […]
American men who have only a high school...
Henry Blodget sat down with Carl Weinberg, Chief Economist at High Frequency Economics, to discuss the relationship between inflation and unemployment. Following a transcript of the video. Blodget: Listening closely to the Trump Administration, they would say, ‘Yes, but there’s a huge pool of people who are out of the […]
Is the US nearly out of people to hire...