Despite the high job opening levels, the U.S. economy has not gained any new jobs since the pandemic, and many jobs are either part-time or temporary.
A new report by the Bureau of Labor Statistics revealed job openings in the U.S. dropped 10% in August.
U.S. retail sales unexpectedly rebounded in August as Americans ramped up purchases of motor vehicles and dined out more amid lower gasoline prices, but demand for goods is cooling as the Federal Reserve aggressively raises interest rates.
A look at the minimum wage as California Gov. Gavin Newsom signs groundbreaking law for low-wage workers.
The August job report released Friday by the Bureau of Labor Statistics was the week's big economic news. It provided a mixed picture of the labor market.
U.S. employers likely continued to hire workers at a strong clip in August while steadily raising wages, signs of persistent labor market strength that could encourage the Federal Reserve to deliver a third 75 basis point interest rate hike this month.
Wayfair announced Friday that the company would cut almost 900 jobs, which is a reduction of the company's workforce by 5%.
Wall Street's main indexes were set to open slightly higher on Thursday, with investors seeking fresh signals for future rate hikes after minutes from the Federal Reserve's July meeting suggested a less aggressive monetary policy tightening path.
Blockchain technology can play a crucial role in complementing existing freelance and gig marketplaces.
The economy has now recovered all of the 22 million jobs that were lost in the 2020 recession.
Self-employed women had "significantly better" outcomes for cardiovascular disease risk factors, researchers found in a recent study.
Employment made a surprise recovery to pre-pandemic levels in July, news that was welcomed by President Joe Biden ahead of key midterm elections.
The Pew Research Center found that many of those who left the workforce during The Great Resignation are enjoying higher wages.
Emerging post-pandemic workday trends show that people are most productive at three points during the day. However, it is unclear if that is a net positive or negative.
The labor market has given many Americans the confidence to actively seek new employment.
Only one occupation outside of the medical and dental fields made it on the list.
"There’s a clear power shift underway, as people rethink priorities," said one expert.
There are more job openings than the number of people without jobs.
There is evidence that shortening the workweek helps with productivity and profitability. Still, the U.S. has yet to accept the benefits because of the “workaholic” culture that has defined the nation's workforce for decades.
Glassdoor published its top 50 best jobs in the U.S. on Wednesday, finding that tech jobs ranked among the highest.
U.S companies bled over 301,000 jobs in January in a shocking blow to the economy as the full damage of the Omicron variant of COVID-19 starts to reveal itself.
The number of people who quit their jobs in 2021 broke records, but data shows that "the great resignation" is slowing down.