Industries that typically pay less still have a long way to recover, while some financial subsectors are near their pre-pandemic employment.
The US seems to be in a "K-shaped" recovery where employment for high-wage industries has not taken as big as a hit as many low-wage industries.
The jobs number – officially known as “nonfarm payroll employment”– is released monthly by the Bureau of Labor Statistics. It is said to have a greater impact on financial markets than any other ...
WASHINGTON, Aug 1 (Reuters) - U.S. employment growth was weaker than expected in July while the nonfarm payrolls count for the prior two months was revised down by a massive 258,000 jobs, suggesting a ...
The US job market is stalling out. Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing stagnant.
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