Jobs

U.S Economy Adds 311,000 New Jobs as Labor Growth Continues

U.S Economy Adds 311,000 New Jobs as Labor Growth Continues

The U.S. economy added 311,000 new jobs in February, according to the latest figures. Economists had projected 205,000 new positions last month. However, the number was down from 504,000 in January, according to the Bureau of Labor Statistics (BLS). The unemployment rate climbed to 3.6 percent, up from 3.4 percent,…
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$15-an-Hour Minimum Wage Gaining Steam in 23 US States

$15-an-Hour Minimum Wage Gaining Steam in 23 US States

Twenty-three U.S. states are now on the verge of implementing a $15-an-hour minimum wage, according to reports. Historically high inflation growth has been surpassing wage gains over the past year, leaving millions of American workers struggling to pay their bills. The price of goods is now at a 40-year historical…
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Salary Expectations in US Hit New High, Fed Report Shows

Salary Expectations in US Hit New High, Fed Report Shows

According to a Fed report, expectations regarding salaries among American workers hit a record high in November, with younger people expecting the most. “The average reservation wage—the lowest wage respondents would be willing to accept for a new job—increased from $72,873 in July to $73,667 in November, the highest reading…
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50% of American Workers Say They Plan to Quit Their Jobs in 2023

50% of American Workers Say They Plan to Quit Their Jobs in 2023

Amid widespread layoffs and hiring freezes under Democrat President Joe Biden's economy, around 50 percent of American workers say they plan to quit their jobs in 2023, new data shows. The uncertain economy is driving key players in the tech, automobile, media, and food industries to make unprecedented cutbacks in…
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Biden Admin Overestimated Job Growth by 10,600%, Fed Report Reveals

Biden Admin Overestimated Job Growth by 10,600%, Fed Report Reveals

A new Fed report has revealed that Democrat President Joe Biden's administration overestimated America's recent job growth by a staggering 10,600 percent. The Federal Reserve Bank of Philadelphia reported that the Biden admin's Bureau of Labor Statistics (BLS) massively overestimated the number of jobs added nationwide from March through June…
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