Tag: Jobs
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Wages grow quickly during first quarter
Workers’ pay and benefits rose 2.6% ending in March, down from only 2.8% a year before. However, even as wages grow, employers are struggling to find workers for multiple reasons. The Associated Press has the story: Solid increase in wages after weaker increases during the pandemic WASHINGTON (AP) — Wages and benefits grew quickly for…
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US jobless claims drop to pandemic low
The economy continues to rebound as the pandemic recedes, with the number of Americans applying for unemployment falling to the lowest since the pandemic started. So many jobs have been added that employers are complaining they can’t find enough workers. The Associated Press has the story: Number of Americans applying for unemployment aid falls to…
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Biden bringing in 22k more seasonal workers
As the economy improves, President Joe Biden is bringing in an extra 22,000 seasonal non-agricultural workers to enter the country. Of those, 6,000 will be set aside for the Northern Triangle countries of Central America. The Associated Press has the story: Biden increases cap on seasonal foreign workers from 66,000 to 88,000 WASHINGTON (AP) —…
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Stock market increases follow March jobs hike
As the economy improves, stocks are following right along. Monday was a good day for the stock market as gains followed the news on Friday of increases in the job industry. The Associated Press has the story: Economy recovering, stocks rising (AP) Stocks rose broadly on Wall Street in afternoon trading Monday as investors welcomed…
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March increase in hiring the most since August
Employment continues to bounce back from the severe dip it took due to the coronavirus pandemic. Although the economy remains more than 8 million jobs short of the number it had before the pandemic erupted a little over a year ago, the pace of hiring continues to increase. The Associated Press has the story: Employers…