'This idea that people are not looking for work is just a myth,' Ai-jen Poo says of the job search. 'This is not a problem of workers. This is a problem of employers not paying workers and valuing them for their worth.'
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Hiring grows in U.S. as employers add 531,000 jobs, beating expectationsThe economy added 531,000 jobs in October, blowing past economists' predictions of 450,000, and the unemployment rate fell to 4.6 percent from 4.8 percent.
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20 Retail Workers Who Were Abused To The Point Of Quitting Their Jobs On The Spot“Instead of training me, my manager would lock herself in a dressing room and cry.”
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Fed Preaches Patience On Inflation, Jobs Show Verve And Interest Rates FallOn Wednesday, Fed appeared to have moved to a more dovish position regarding future interest rates. On Friday, the jobs report surprised Wall Street. By week’s end, markets appear to have been convinced that rate hikes are still a long way off.
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Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful.Americans are, by many measures, in a better financial position than they have been in many years. They also believe the economy is in terrible shape. This is the great contradiction that underlies President Joe Biden’s poor approval ratings, recent Republican victories in state elections and the touch-and-go negotiations over the Biden legislative agenda. It presents a fundamental challenge for economic policy, which has succeeded at lifting the wealth, incomes and job prospects of millions of
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Hiring grows in U.S. as employers add 531,000 jobs, beating expectationsThe economy added 531,000 jobs in October, blowing past economists' predictions of 450,000, and the unemployment rate fell to 4.6 percent from 4.8 percent.
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Dow futures are little changed after a record close on FridayStock futures idled in overnight trading after the major U.S. market indexes reached record highs Friday following a better-than-expected October jobs report.
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