Americans quit their jobs at an all-time monthly high of 4.5 million people, at the end of November. That figure surpasses the previous high reached in September when 4.4 million people left their jobs. Leisure and hospitality companies, such as restaurants, bars, and hotels, saw the greatest number of employee exits, with more than 1 million workers quitting in November […]
“It’s been an incredible period of time, economically, for our country. Probably the best ever. And we have the best unemployment numbers in over 54 years,” said President Trump at a meeting with small business leaders. He noted that the job numbers for African American, Hispanic, Asian American is “the best numbers we’ve ever had,” and added, “numbers for women […]
Close to 300 Jamaicans will capitalize on employment opportunities to work in Canada under the Seasonal Agricultural Workers Program (SAWP), starting in January. SAWP is part of the Ministry’s Overseas Employment Program and involves contractual agricultural workers, who are recruited to meet the short-term demand for manual labor during planting and harvesting seasons. Workers are employed in greenhouse crop production, […]
The U.S. October jobs report is out, and politicians and pundits are raving over it. The report shows that the pace of wages grew at the fastest rate for the first time in nine years last month. According to the U.S. Labor Department, wages grew at an annual rate of 3.1 percent in October, accelerating from a rate of 2.8 […]
“This president since he took office, in the year and a half that he’s been here has created 700,000 new jobs for African-Americans,” White House Press Secretary Sarah Sanders told reporters recently. “That’s 700,000 African-Americans that are working now that weren’t working when this president took place. When President Obama left, after eight years in office, he had only created […]
Janet Yellen, the Chair of the Board of Governors of the Federal Reserve System, said the decision to make another gradual reduction in the amount of policy accommodation reflected the economy’s continued progress toward the employment and price stability. Furthermore, she said that the following factors have contributed to the fed’s decision to increase the rate at this time: 1. […]
As the economy continues to recover, the unemployment rate has remained steady at 5.5%. However, the wage growth has shown little movement with the average hourly earnings increasing by only 2.1% over last year. That said, there are areas within the job market that signal where training ought to be focused given the latest trends. For example, Kathryn Dill writing […]
The Obama administration has much to boast about, so far as the job market is concerned. Not so long ago, the Republican House Speaker John Boehner’s mantra was where are the jobs, Mr. President? Moreover, the President’s economic plans were lambasted and ridiculed by the Republicans. Now, six years on, despite the gloom and doom by the Republicans, the U.S. […]
