US Jobless Claims Hit 52-year Low After Seasonal Adjustments
AP News (11/24/2021) Wiseman, Paul The latest data shows a significant decrease in Americans applying for unemployment benefits, dropping to the lowest level in over 50 years, signaling a strong rebound in the U.S. job market following the pandemic-induced recession. Jobless claims fell by 71,000 to 199,000, the lowest since November 1969, although seasonal adjustments […]
As Employers Struggle To Find Workers, Job Listings Paying Less Than $15 an Hour Are Starting To Disappear
MarketWatch (11/11/21) Buchwald, Elisabeth As a result of the tight labor market in the U.S., more employers are offering more than $15 an hour, according to the latest data from the job listing site Indeed.com. Since the depths of the pandemic, there has been a steady climb in the number of job postings across all […]
A Record 4.4 Million People Quit in September As Great Resignation Shows No Signs of Stopping
Published Fri, Nov 12 2021 1:09 PM EST by Jennifer Liu A record-high 4.4 million people, or 3% of workers, quit their job in September, according to the Labor Department’s latest Job Openings and Labor Turnover Survey released Friday. The tight market, where workers have more leverage to move around and employers are doing everything they can to […]
U.S. Consumer Prices Jump 6.2% in October, the Biggest Inflation Surge in More Than 30 Years
KEY POINTS The consumer price index surged 6.2% from a year ago in October, the most since December 1990. Core inflation, stripping out food and energy, increased 4.6%, the fastest gain since August 1991. Energy, shelter and vehicle costs led the gains, which more than wiped out the wage increases that workers received for the […]
Job Fair in Asheboro on 11.18.21
Greensboro, NC- Are you interested in a new career? Graham Personnel Services (GPS) is participating in the Career Center Southeast Job Fair in Asheboro, NC! Come talk to us and learn about the hundreds of openings we have available throughout the Triad with various shifts and pay rates to best match your career goals. Also, […]
Employment Index Points to Growth, Continuing Labor Shortages and Rising Wages
The Conference Board’s Employment Trends Index rose sharply in October and points to strong employment growth in the months ahead. On the other hand, it also indicates labor shortages and rising wages likely won’t go away. “As the negative economic impact of the Delta variant subsides, spending on — and employment in — in-person services […]