American Semiconductor Industry Threatened By Labor Shortage
While the United States is experiencing a boom in its semiconductor industry, following the passage of the CHIPS Act, this rise in the semiconductor trade is being threatened by an impending labor shortage.
Oxford Economics and the Semiconductor Industry Association released a report in July...
Incoming U.S. Labor Market Readings Expected to Show Job Growth
Upcoming labor market readings are expected to show moderate yet healthy job growth in the U.S. A historically low unemployment rate is also expected.
Economists polled by Bloomberg forecast a rise in nonfarm payrolls of 225,000 in June. While one of the smallest increases since...
Labor Market Remains Strong as Jobless Claims Fall
The U.S. labor market remains strong despite weaknesses in other areas of the economy, this week's latest jobless claims report indicated. This comes after the national unemployment rate came in at 3.5%; marginally higher than January's half-century low of 3.4%.
Data from the Department of...
Job Openings in U.S. Dip to 10.8 Million But Still Considered High
The U.S. labor market saw 10.8 million job openings in January, according to Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) report released on Wednesday. While this is a decrease of 11.2 million the month prior, the number is still considered higher than...