With a abilities hole plaguing manufacturing in a traditionally tight labor market, corporations are spending large to “upskill” their present workforce and guarantee a pipeline of expertise. Manufacturers are set to spend $26.2 billion on inner and exterior coaching initiatives for brand spanking new and present staff in 2020 to fight the scarcity of obtainable […]
Tag: Jobs
Barack and Michelle Obama-produced Netflix doc gets Oscar nod
President Barack Obama sits with first lady Michelle Obama to watch musical perfomances during the 94th Annual National Christmas Tree Lighting Ceremony on the Ellipse in PresidentÕs Park on December 1, 2016 in Washington, DC. (Photo by Paul Morigi/Getty Images) Paul Morigi/Getty Images A documentary created by former President Barack Obama and first lady Michelle […]
Here’s where the jobs are for December 2019 — in one chart
While overall employment gains were slightly disappointing in December, there were strong job increases in the retail, hospitality and leisure services industries as employers looked to boost payrolls during the peak holiday season. The government reported Friday that payrolls increased by 145,000, falling short of the 160,000 estimate economists polled by Dow Jones had forecast. […]
Manufacturing jobs ‘tough to fill,’ weak spot in employment picture
In a year that featured otherwise solid job growth, manufacturing stood out as one sector that lagged behind. It’s not that the jobs aren’t there: There were still 477,000 open positions as of October, down less than 5% from the year-ago level, according to the Labor Department’s most recent data. Instead, it’s more a case […]
Only 145K payrolls added, 3.5% unemployment
WASHINGTON — The U.S. jobs market ended 2019 on a sour note, with December’s payroll and wage growth missing expectations, according to Labor Department figures released Friday. Nonfarm payrolls increased by just 145,000 while the unemployment rate held steady at 3.5%. Economists surveyed by Dow Jones had been looking for job growth of 160,000. The […]
ADP Moody’s private payrolls December 2019 surge
Recruiters and job seekers are seen at a job fair. Rick Wilking | Reuters Private payroll growth ended 2019 on a strong note, with companies adding 202,000 positions in December in another sign of a healthy labor market, according to a report Wednesday from ADP and Moody’s Analytics. The total was well above the 150,000 […]