Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Employers being 'ghosted' by prospective employees
It’s a job seeker’s market right now with plenty of options, so business experts said that trend is forming among some candidates.
It’s a job seeker’s market right now with plenty of options, so business experts said that trend is forming among some candidates.
US achieves another pandemic low with 444,000 new unemployment claims
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
Connecticut offers $1K bonus to 10K unemployed people who get full-time job
Connecticut Gov. Ned Lamont said the state will pay $1,000 to the first 10,000 people who complete eight straight weeks of a full-time job, aiming to get long-term unemployed Americans back to work.
Connecticut Gov. Ned Lamont said the state will pay $1,000 to the first 10,000 people who complete eight straight weeks of a full-time job, aiming to get long-term unemployed Americans back to work.
College students can tap into $36B in emergency funds from Department of Education
The U.S. Department of Education announced on May 11 that it is allocating more than $36 billion in emergency grants to over 5,000 colleges and universities to be used for education infrastructure impacted by the COVID-19 pandemic.
The U.S. Department of Education announced on May 11 that it is allocating more than $36 billion in emergency grants to over 5,000 colleges and universities to be used for education infrastructure impacted by the COVID-19 pandemic.
McDonald’s raising US workers’ pay in 650 company-owned stores
McDonald’s follows other chains including Chipotle, which said Monday that it will raise workers’ pay to an average of $15 per hour by the end of June.
McDonald’s follows other chains including Chipotle, which said Monday that it will raise workers’ pay to an average of $15 per hour by the end of June.
Unemployment claims fall to 473,000, another pandemic low
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
Amazon seeks to hire 75,000 workers; offers $100 to vaccinated hires
Amazon is seeking to hire 75,000 people in a tight job market and is offering bonuses to attract workers, including $100 for new hires who are already vaccinated for COVID-19.
Amazon is seeking to hire 75,000 people in a tight job market and is offering bonuses to attract workers, including $100 for new hires who are already vaccinated for COVID-19.
To get unemployment benefits, Floridians will again have to prove they've looked for jobs
People in Florida’s unemployment system will have to show they looked for work on a weekly basis after Memorial Day, as the state pushes to get workers back on the job, particularly at restaurants.
People in Florida’s unemployment system will have to show they looked for work on a weekly basis after Memorial Day, as the state pushes to get workers back on the job, particularly at restaurants.
Chipotle raises average wage to $15 per hour, provides path to six-figure salaried positions
Chiptole is raising the average wage to $15 an hour in an effort to hire more workers as the restaurant industry struggles to find its footing amid a labor shortage induced by the COVID-19 pandemic.
Chiptole is raising the average wage to $15 an hour in an effort to hire more workers as the restaurant industry struggles to find its footing amid a labor shortage induced by the COVID-19 pandemic.
Biden says Americans must accept a job or lose unemployment benefits after disappointing jobs report
Biden said his administration is taking steps that will make it easier for employers to hire more workers.
Biden said his administration is taking steps that will make it easier for employers to hire more workers.
Bay Area businesses say they can't find enough employees
Some employers are slashing hours, service can be slow, and the post-pandemic economic recovery is facing what appears to be, at the very least, a bump in the road.
Some employers are slashing hours, service can be slow, and the post-pandemic economic recovery is facing what appears to be, at the very least, a bump in the road.
Biden touts economic recovery plan as Treasury Dept. starts paying out $350B in state and local aid
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
Chamber of Commerce calls for end to enhanced jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
Biden says economic recovery a marathon, not a sprint amid weak jobs report
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
In new pandemic low, unemployment numbers fall to 498,000
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
DeSantis to unemployed: Start looking for a job
Floridians receiving unemployment benefits will soon have to provide proof that they’re looking for a job, according to statements made by Gov. Ron DeSantis.
Floridians receiving unemployment benefits will soon have to provide proof that they’re looking for a job, according to statements made by Gov. Ron DeSantis.
US companies that cheat workers out of pay unlikely to be fined or punished, Labor Department data found
The analysis found that the government rarely penalizes repeat offenders and often lets the companies that do get caught pay workers back less than they owe.
The analysis found that the government rarely penalizes repeat offenders and often lets the companies that do get caught pay workers back less than they owe.
Unemployment claims fall to 553,000
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
US economy grew at a robust 6.4% rate last quarter
The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.
The U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession.