Wages increased 0.4% in December compared to the previous month, the Department of Labor indicated. These solid figures are released at a time when the Federal Reserve’s decision to raise interest rates is having the intended effects of reducing demand and inflation. Join the La República WhatsApp channel Price of the dollar in Peru: what […]
Tag: employment in the US
“The Great Renunciation” is changing the structure of the US labor market.
Gina Marino quit two jobs last year. In the summer, he left a position at a small social media marketing agency for a larger company that offered more money and more responsibility. Three months later, despite liking his colleagues and the company, realizing he lacked passion for the industry he was supporting, he resigned again. […]
US job creation beats expectations in January
The US economy added far more jobs than expected in January, even as COVID-19 infections disrupted activity at consumer-facing businesses, pointing to underlying labor market strength. Friday’s Labor Department employment report — closely watched by markets — showed nonfarm payrolls rose 467,000 last month. December data was revised up to show 510,000 jobs created instead […]