The strength of the Australian jobs market will be put to the test in the official labour force update. The April jobs update from the Australian Bureau of Statistics follows a prolonged run of below-average unemployment and robust jobs growth. In March, the jobless rate shifted higher to 3.8 per cent, from 3.7 per cent […]
JOPLIN, Mo. — Getting a job after graduating college could be more competitive this year for college grads. According to the National Association for Colleges and Employers, the overall hiring outlook is expected to drop by 1.9 percent compared to last year. "I just looked in our system and we currently within 50 miles of []
Australian employers are still hiring but the size of the workforce is growing faster than the number of jobs being created, in a development that bodes well for borrowers waiting for interest rate cuts. The unemployment rate rose to 4.1 per cent in April, the Australian Bureau of Statistics said on Thursday, up from the […]
The North East economy has fallen further behind the rest of the country, with the number of working age people outside the job market approaching 30 per cent. The latest Office for National Statistics employment data shows the North East has the highest economic inactivity rate in England. Between January and March 2024, the unemployment rate in the North East was 4.4%, just 0.1% higher than the national average - but the employment rate was 69.1% in the region and 75.5% nationally, a...
Watch live coverage as President Joe Biden delivers remarks on American investments and the labor market.
"The Jobs Market Is Weakening, Inflation Has Picked Up And Growth Unexpectedly Slowed" By Rabobank The Bank of England left the Bank Rate unchanged at 5.25% yesterday, but the clear signal from the record of votes, and Governor Bailey, is that cuts aren’t far away. This time around the vote split 7-2 in favour of holding (previously 8-1), with arch-dove Dhingra being joined by former hawk Ramsden in plumping for a cut. The BOE’s Monetary Policy Report lowered inflation forecasts,...
Despite the competition, industries experiencing staffing shortages like education and construction are still hiring new college grads, Linked reports.
Asia markets mixed after lackluster Wall Street. Focus on UK jobs report, Fed Chair Jerome Powell speech, and Vodafone's earnings.
A recent study out of Michigan State University found large gaps between people's career interests and U.S. job demands. These gaps indicate that the interest demands of the U.S. labor market differ drastically from the supply of interested people, revealing how many people have unfulfilled interests at work.
Lacking AI skills on your resume can lead to lower salaries and fewer job opportunities in the coming years. The good news? It's still possible to future-proof your career by developing in-demand AI skills.The fear of robots replacing humans is nothing new. Since the arrival of ChatGPT in late 2022, the conversation surrounding generative AI's impact on the workforce has taken on a new urgency and a compelling reason drives this trend.The World Economic Forum's 2023 Future of Jobs Report...
Although the overall outlook is positive, some employers are cutting back on new college graduate hires, and salaries are likely to fall short of expectations.
By ZIMO ZHONG Associated Press Asian shares were mostly higher on Monday after Wall Street ended last week with the stock market’s best day in over two months in a rally backed by the cooler-than-expected U.S. employment data. U.S. futures edged higher and oil prices rose. The Japanese yen weakened slightly after its value swung