Tag: US job market

Data released by the Bureau of Labor Statistics showed that the U.S. unemployment rate rose to 3.8% from 3.5% the previous month. This is the highest unemployment rate in the U.S. since February 2022. Still, there appear to be some positive repercussions arising from...

Job growth and wage growth in the U.S. is expected to slow down in August, thereby providing the Federal Reserve with some justification to delay further interest rate hikes in an effort to further suppress inflation. Federal Reserve Chair Jerome Powell stated at the...

The U.S. labor market is expected to show signs of slowing in the July Jobs Report. 200,000 non-farm payrolls are expected to have been added last month, a slowing growth rate of 0.3% over June and 4.2% over the previous year. Unemployment is expected...

The US economy is expected to show signs of further strengthening in next week's jobs report, due to be released on Friday. The report is expected to show solid labor demand after an encouraging first six months of the year. Markets are betting that Friday's...

While the job market in the private equity industry remains tight, recruiters and industry professionals claim that smaller firms are providing an opening for those seeking to develop a career in private equity. This trend appears to be resulting from a slowdown in hiring at...

Hiring in artificial intelligence-relates (AI) roles continues to prove strong despite an overall dropoff in tech recruitment this year. 216,910 tech employees have been retrenched this year, up from 164,709 for the entirety of last year, data from Layoffs.fyi data revealed. "It's like there are two...