Workers have the ‘upper hand’ right now as job openings jump, says labor economist — but that advantage may not last
Employer demand for workers remains historically strong — and that means workers have the power to negotiate for better pay, benefits and other aspects of their jobs, according to economists. There were more than 11.2 million job openings in July, an increase of 199,000 from June, according to a U.S. Department of Labor report issued […]
Job Interview Tips That Will Help You Get Hired
Even when you have gone on more interviews than you can count, job interviewing remains hard. With each job interview, you are meeting new people, selling yourself and your skills, and often getting the third degree about what you know or don’t know. And, you need to stay upbeat and enthusiastic through it all. This […]
Long-term unemployment tumbles in March as job market stays hot
KEY POINTS Long-term unemployment declined by 274,000 in March, according to the Labor Department’s monthly jobs report published Friday. About 24% of all jobless individuals are long-term unemployed. A year ago, that share hit a pandemic-era high over 43%. A hot job market is providing ample opportunity for workers, as employers recruit outside their traditional […]
March jobs report: Payrolls rise by 431,000 as unemployment rate falls to 3.6%
The U.S. economy notched another sizable payroll gain in March as the labor market extended a strong and speedy recovery to bring employment closer to pre-pandemic levels. The Labor Department released its March jobs report Friday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg. Non-farm payrolls: +431,000 […]