Employment figures
Economy added 431,000 jobs in March despite worries over slowing growth
Amid soaring inflation and worries about a looming recession, the U.S. economy added slightly fewer jobs than expected in March as the labor market grew increasingly tighter. Nonfarm payrolls expanded by 431,000 for the month, while the unemployment rate was 3.6%, the Bureau of Labor Statistics reported Friday. Economists surveyed by Dow Jones had been […]
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How much job-hopping is too much? Here’s what hiring managers say
At the age of 25, Hannah Williams has an extensive resume, even though she only started working full-time less than three years ago. Since 2019, she has held a total of five jobs – with the longest tenure being a full year. A number of reasons made her leave those jobs. Once, she discovered the […]
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Is the Great Resignation over? Far from it, experts say
The Great Resignation — which saw droves of workers leaving their jobs or switching careers during the post-pandemic era — is far from over, and job loyalty may be a “thing of the past,” as one industry expert puts it. According to a recent survey by Microsoft, 52% of young people polled, namely Gen Z […]
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The ‘Great Resignation’ has gone global – and it’s shaking up the labor market for good
Millions of workers worldwide have quit their jobs without something else lined up. So, what is the Big Quit, and how will it change our workforce? Chloe Loh, like many other workers across the world, epitomizes the “Great Resignation.” “I left my job in December,” Loh told CNBC. “I was looking for a role that […]
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