Private Sector Employment Increased in June

ADP News Release (06/30/21) Private sector employment increased by 692,000 jobs from May to June, according to the ADP National Employment Report. “The labor market recovery remains robust, with June closing out a strong second quarter of jobs growth,” said Nela Richardson, chief economist, ADP. “While payrolls are still nearly seven million short of pre-Covid-19 […]

Forecasters Strengthen Their Outlook for Real GDP Growth and the Unemployment Rate

Federal Reserve Bank of Philadelphia (06/18/21) The U.S. economy’s output (real gross domestic product) will grow at an annual rate of 7.8% during the first half of 2021, according to a survey of 19 forecasters by the Federal Reserve Bank of Philadelphia. The economic rebound is expected to continue in the second half of 2021 […]

Pay Increase in Greensboro and Reidsville!

Potential to make over $1,000 per week with the pay increases, piece rate, and OT available right now! Over 100 openings! Come in for an interview today, and start tomorrow! 1st, 2nd, 3rd shift open Day shift and Night shift 12-hour shifts available too – have 14 days off per month! Growth opportunities and full-time […]

Richmond Fed: Manufacturing Expanded in June

Federal Reserve Bank of Richmond (06/22/21) Mid-Atlantic manufacturing activity strengthened in June, according to the Federal Reserve Bank of Richmond. The composite index rose from 18 in May to 22 in June. This was driven by an increase in the new orders index, while the other two component indexes—shipments and employment—also remained in expansionary territory. […]

Economists Revise GDP Forecast Upwardly, Lower Projected Jobless Rates

Projections for US gross domestic product were revised upward sharply while projections for the US unemployment rate were lowered, according to the Livingston Survey of economists released on June 18 by the Federal Reserve Bank of Philadelphia. They expect real GDP to grow 6.7% in the second half of this year. The previous survey forecast […]

Job Openings Jump to Fresh Record High in April

Reuters (06/08/21)  U.S. job openings surged by nearly one million to a new record high in April, while more people voluntarily left their employment, strengthening the view that a recent moderation in job growth was due to supply constraints. Job openings, a measure of labor demand, increased by 998,000 to 9.3 million on the last […]