jobs

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If Markets End Losing Streak, This Report Is Why

Weekly jobless claims fall to a pandemic low

(Newser) - 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, per the AP . Major US stock indexes rose after the report came...

Here Are the Best, Worst US Cities to Start Your Career

Salt Lake City comes in at No. 1 in WalletHub ranking, while Newark, NJ, falls last

(Newser) - With the pandemic starting to slowly ease and businesses reopening, recent college grads or those about to graduate may find a better job market than the one that existed at this time last year. How well they'll do in their career of choice could depend on where they're...

Finances of 2 Groups Hit Hardest During Pandemic

Women, people of color more likely to report being worse off

(Newser) - Women and people of color are significantly more likely than white men to say they're worse off financially now than they were before the pandemic, according to a new Washington Post-ABC News poll . Of the 1,007 people surveyed by phone between April 18-21, 22% said they were worse...

Wall Street Journal Ranks Cities on Jobs

Salt Lake City is No. 1

(Newser) - After a year in which the pandemic upended the economy, which cities rank as the strongest on jobs? The Wall Street Journal crunched factors including the unemployment rate, weekly wages, labor force participation, and change in the size of the workforce in its new analysis. In its view, the "...

A Big Sign That the US Economy Is on the Upswing

684K filed for unemployment benefits last week in the US, the lowest number since pandemic began

(Newser) - The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It'...

Cover Letter Is So Popular That LinkedIn Had to Shut It Down
Cover Letter Is So Popular That
LinkedIn Had to Shut It Down 
in case you missed it

Cover Letter Is So Popular That LinkedIn Had to Shut It Down

Ryan Lowry, 20, has autism, but his viral open letter on job site has opened floodgates of support

(Newser) - Making your cover letter stand out can be a tough task, but Ryan Lowry managed to do just that during his job search. Per CNN , the 20-year-old from Leesburg, Va., recently posted a handwritten open letter on LinkedIn seeking an opportunity in IT or animation, noting his "unique sense...

Bars, Restaurants Give a Jolt to February Hiring

Employers overall added 379K jobs, and unemployment fell to 6.2%

(Newser) - The new unemployment report is out, and the numbers are stronger than expected. The highlights:
  • New jobs: Employers added 379,000 jobs in February, above expectations of 210,000, reports the Wall Street Journal . The figure is well above the 49,000 jobs gained in January.
  • The rate: The unemployment
...

Here Are the 10 Best Cities for Jobs in America

South Burlington, Vt., looks better than most

(Newser) - The job market hasn't been great over the past year, mainly due to the COVID pandemic. As people start the new year off trying to make a fresh start, however, some locations across the country may offer better chances at employment than others. WalletHub took a look at more...

Jobs Number Comes In Much Worse Than Expected

Employers added 245K jobs, a big dropoff

(Newser) - The new unemployment report is out, and it has a figure that in normal times would be strong: Employers added 245,000 new jobs in November. Meanwhile, the unemployment rate dropped from 6.9% to 6.7%. But in the context of the surging pandemic, the stat about new jobs...

During Pandemic, Amazon Is Hiring. And Hiring

Pace is unprecedented, putting the company on track to become world's biggest employer

(Newser) - Walmart once hired 230,000 people in one year. Amazon is making that look like nothing. Through October, the online retailer has added 427,300 employees this year, the New York Times reports. "It's hiring like mad," a labor historian at the University of California-Santa Barbara said....

Virus Numbers Aren't the Only Ones On the Rise

Jobless claims are up, too, for the 2nd week in a row

(Newser) - The number of Americans applying for unemployment benefits rose last week for a second straight week, to 778,000, evidence that the US economy and job market remain under strain as coronavirus cases surge and colder weather heightens the risks. The Labor Department's report Wednesday said jobless claims climbed...

You Could Get $10K and a Bike Just for Moving Here
Want $10K and
a Bike? Move Here

Want $10K and a Bike? Move Here

Northwest Arkansas seeking STEAM professionals

(Newser) - If remote work opportunities don't already have you pondering a move, Northwest Arkansas is offering perks, including $10,000 and a free bike. The Northwest Arkansas Council says it will invest "more than $1 million over six months to attract top talent to the region" as part of...

What Happened With That Big Wisconsin Project
They Promised 13K Jobs.
Then Came the 'Screams'
longform

They Promised 13K Jobs. Then Came the 'Screams'

How Foxconn built a 'state visit project' in Wisconsin

(Newser) - President Trump called it "the eighth wonder of the world." Foxconn's project in Wisconsin came with the glittering promise of a $10 billion investment, a huge LCD-screen factory, and 13,000 jobs—but two years later it looks like a bust, the Verge reports. The company, a...

New Jobless Numbers Going in Wrong Direction

Nearly 900K applied for benefits last week

(Newser) - New unemployment data came out Thursday morning, and the numbers are not sitting well with Wall Street investors. The Labor Department says 898,000 people applied for jobless benefits last week, exceeding estimates by about 70,000, reports CNBC . The figure is up more than 50,000 from the previous...

The Final Jobs Report Before the Election Is Out

Unemployment rate falls to 7.9%

(Newser) - The Labor Department released the final jobs report we'll have before the November election, and it was a mixed bag. The jobless rate fell further than expected, to 7.9% in September from 8.4% in August. But while the Wall Street Journal reports economists had expected about 800,...

6 Months In, Businesses Still Getting Squeezed

Jobless claims ticked up last week

(Newser) - The number of people seeking US unemployment aid rose slightly last week to 870,000, showing that the viral pandemic is still squeezing businesses six months after it first erupted. The figure coincides with evidence that some newly laid-off Americans are facing delays in receiving unemployment benefits as state agencies...

Amazon Says It Has 33K Jobs. Average Pay: $150K

Company is hosting an online 'Career Day'

(Newser) - Amazon says it wants to help Americans get back to work—and not just in its warehouses. The company is hosting an online Career Day on Sept. 16, and it says it's mobilizing "more than 1,000 experienced recruiters and HR professionals to help job seekers across the...

Jobs Recovery Cools as Virus Cases Increase

Unemployment rate drops from 11.1% to 10.2%

(Newser) - The jobs recovery is continuing, just not as fast as in previous months. Employers added 1.8 million jobs in July, which in normal times would be a staggering number. But as the AP notes, it's down from 4.8 million in June and 2.7 million in May...

Hiring Is Stronger Than Expected in June

Unemployment dips to 11.1%, but this was before new round of shutdowns

(Newser) - US employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month, yet still remained far short of regaining the colossal losses it suffered this spring, per the AP . The nation has now...

Trump Points to Jobs Report as Cure for Race Issues
Trump: It's a 'Great Day'
for George Floyd
the rundown

Trump: It's a 'Great Day' for George Floyd

President celebrates the jobs numbers, speaks of need for 'fair treatment' from police

(Newser) - "Victory lap." That's the term used by the AP and CNN to describe President Trump's reaction to Friday's surprisingly strong jobs report . "This shows that what we've been doing is right," Trump said in the Rose Garden, referring to the White House...

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