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This shift is likely a welcome sign for Federal Reserve officials as they seek to cool demand for workers without spiking unemployment.
October 4 -
The drop was led by a sizable decline in Michigan, indicating continued demand for workers despite economic concerns.
September 29 -
Since the start of the pandemic, Goldman Sachs is starting its largest round of job cuts yet with several hundred jobs lost.
September 12 -
The data could be seen as an encouraging sign for the labor market as parents get back to work.
September 9 -
The plan will ripple through the economy as personal spending and savings shift.
August 25 -
The demand for workers is decreasing amid hiring freezes and layoffs, unemployment claims have increased as a result.
August 11 -
Inflation decelerated in July by more than expected, reflecting lower energy prices.
August 10 -
Labor costs are staying elevated, which could prolong inflation in the U.S.
August 9 -
Qantas COO is asking office employees to step into service roles like luggage hauling because of stubborn labor shortages at airports.
August 8 -
In the face of a recession, companies are freezing recruitment, cutting jobs and tightening budgets.
August 5