Tag: employment

Economy’s Soft Landing Comes Into View as Job Growth Slowly Descends 
World

Economy’s Soft Landing Comes Into View as Job Growth Slowly Descends 

A gradual cooling of the still-solid labor market extended into November, renewing optimism the economy is still on a glide path for a soft landing.Employers added a seasonally adjusted 199,000 jobs last month, the Labor Department reported Friday, slower than earlier in the year but consistent with gains before the pandemic. When excluding the effects of autoworker strikes in recent months, November’s job gain was roughly 169,000, slightly cooler than 180,000 in October. Most recent hiring occurred in two big sectors: healthcare and the government.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. economy added 199,000 jobs in November, signaling a still-robust labor market
Money

U.S. economy added 199,000 jobs in November, signaling a still-robust labor market

Study: Top companies for employee growth New study reveals top companies for employee growth 04:55 The U.S. economy added 199,000 jobs in November and the unemployment rate fell to 3.7%, signaling that businesses are still hiring despite signs of a slowing economy.November's job growth exceeded forecasts from economists, who had expected businesses to add about 175,000 new jobs, according to financial data firm FactSet. The monthly jobs repo...
How Law Firms Can Create Positive Workplace Culture | Explore Law Firms and Legal Advice
Money

How Law Firms Can Create Positive Workplace Culture | Explore Law Firms and Legal Advice

When law firm leaders make changes to create a more positive, productive culture, those upgrades can improve employee sentiment and the company's bottom line. Company culture is an issue every firm leader should be addressing as law firms are known to be unforgiving environments, and many attorneys buckle under the strain. The good news is that firms that have taken steps to improve the workplace culture have learned lessons that can benefit the larger legal community.The Catalysts for Cultural ChangeThere’s usually a reason why a law firm decides this is the time for change in workplace culture. That inflection point will guide the process in enacting change.For example, Clark Hill, one of the nation’s 200 largest firms, acquired several smaller firms around the country. Following that, ...
Australian Job Ads Dropped Sharply in November
World

Australian Job Ads Dropped Sharply in November

SYDNEY—Further signs of an easing in conditions across Australia’s labor market emerged in November, with the ANZ-Indeed measure of job ads slumping sharply over the month.According to the ANZ-Indeed Australian job ads survey, employment ads fell 4.6% in November following a downwardly revised fall of 3.4%in October.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
West Virginia training program restores hope for jobless coal miners
Money

West Virginia training program restores hope for jobless coal miners

Mingo County, West Virginia — In West Virginia's hollers, deep in Appalachia, jobless coal miners are now finding a seam of hope. "I wasn't 100% sure what I was going to do," said James Damron, who was laid off two years ago from a mine. "I did know I didn't want to go back in the deep mines," he added. Instead, Damron found Coalfield Development, and its incoming CEO, Jacob Israel Hannah."Hope is only as good as what it means to put food on the table," Hannah told CBS News. The recent boom in renewable energy has impacted the coal industry. According to numbers from the Energy Information Administration, there were just under 90,000 coal workers in the U.S. in 2012. As of 2022, that number has dropped by about half, to a little over 43,500.Coa...
Australia’s Unemployment Rate Continues Steady Rise
World

Australia’s Unemployment Rate Continues Steady Rise

SYDNEY—Australia’s unemployment rate continued to rise in October, potentially ruling out a further hike in interest rates in December.The jobless rate climbed to 3.7% in October from 3.6% in September, despite employment jumping by 55,000 over the month, the Australian Bureau of Statistics said Thursday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Unemployment Was the One Economic Problem Europe Didn’t Have. No Longer.
World

Unemployment Was the One Economic Problem Europe Didn’t Have. No Longer.

FRANKFURT—Europe’s labor markets are starting to crack. After a year of near-zero economic growth, job creation is slowing and surveys suggest that more businesses in the region are preparing to lay off workers, threatening to further damp growth and drain public coffers. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
UK Wage Growth Cools, Spelling Good News for BOE’s Inflation Battle
World

UK Wage Growth Cools, Spelling Good News for BOE’s Inflation Battle

Updated Nov. 14, 2023 3:04 am ETThe U.K.’s jobless rate stayed steady in the three months to September though average wage growth eased a little, a boost for the Bank of England’s efforts to bring down still-high price inflation.The unemployment rate stood at 4.2% in the three-month period, unchanged from the previous three months, according to data from the Office for National Statistics published Tuesday. This was in line with the rate expected by economists, according to a poll by The Wall Street Journal.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8