Wednesday, December 18, 2024
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US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

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WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...
Jobs

The number of Americans filing for jobless claims hits highest level in a year

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The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains...
Jobs

Massachusetts businesses with at least 24 employees must disclose salary range for new jobs

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BOSTON -- Massachusetts businesses with more than 25 employees must disclose salary ranges when posting jobs, under a new bill signed into law Wednesday...
Jobs

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

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WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...
World

Microsoft’s ‘World of Warcraft’ development workers are unionizing

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NEW YORK -- More than 500 workers behind the popular video game franchisee “World of Warcraft” are unionizing.The game's development team employees — which...
Jobs

Is the US job market beginning to weaken? Friday’s employment report may provide hints

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WASHINGTON -- Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation...
Jobs

US employers added a robust 272,000 jobs in May, a sign of sustained economic health

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WASHINGTON -- America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in...
World

Stock market today: Wall Street’s momentum cools after its latest record-setting day

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NEW YORK -- U.S. stocks are drifting Thursday as Wall Street’s momentum cools following its latest record-setting day.The S&P 500 was 0.1% lower in...
Jobs

US job openings fall to 8.1 million, lowest since 2021

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WASHINGTON -- U.S. job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite high interest...
Jobs

US employers scaled back hiring in April but still added 175,000 jobs

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WASHINGTON -- The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently...
Jobs

What will Fed chair say about interest rates? Key economy news you need to know this week.

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Fed's Jerome Powell says neutral rate may be higherFederal Reserve Chair Jerome Powell says the neutral interest rate may be higher.Bloomberg, BloombergFor months, stock...
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