Day: April 5, 2021

Employers

Employment Trends Index Points to Historically Fast Job Growth, Increased Wages

Staffing Industry Analysts (04/05/21) The Conference Board Employment Trends Index now signals very strong jobs growth over the coming months. The index reading for March, released today, jumped to 102.44, up from a downwardly revised reading of 100.01 in February. “Despite the recent increase in infection rates, the vaccination campaign is progressing at a rate that should significantly reduce the spread of the virus in the

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Employers

US Factory Activity Expands at Fastest Pace Since 1983

Associated Press News (04/01/21) U.S. manufacturers expanded in March at the fastest pace in 37 years, a sign of strengthening demand as the pandemic wanes and government emergency aid flows through the economy. The Institute for Supply Management, a trade group of purchasing managers, said that its measure of factory activity jumped to 64.7 last month, from 60.8 the previous month. That’s the highest since

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March Hiring Accelerated to 916K, Yet Many Jobs Remain Lost

Associated Press News (04/02/21) America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. The March increase — the most since August — was nearly double February’s gain of 468,000, the Labor Department said Friday. The

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