In many low- and middle-income countries, economic growth has been stronger than job creation. Output is increasing, firms are investing, and labor participation remains high, but fixed income employment is growing slowly. The informal system is still prevalent, and the working hours are often short. Recent evidence from different countries shows that GDP-employment elasticity in … Read more
Laura Ullrich sympathizes with college students looking for work. The director of economic research for the workplace is certainly aware of the problem. His son, a data scientist, is getting his master’s degree this year. He says: “Because of the work I do, the parents of many of his friends and his friends ask me … Read more
Listen to the title 3 minutes This sound is self-generated. Please let us know if you have any comments. The manufacturing industry has has recovered from staff losses earlier this year, added 15,000 jobs in March, according to Bureau of Labor Statistics data released Friday. That’s a 400% year-over-year increase, which saw the loss of … Read more
Hiring across the US increased in March after falling sharply the previous month, as employers added 178,000 jobs, according to new data from the Labor Department. In numbers The March jobs report beat consensus estimates of last month’s gains by 60,000, according to FactSet. The unemployment rate fell to 4.3% in March, from 4.4% the … Read more
The March jobs report, due out on Friday morning, could provide a much-needed reality check after two months of turmoil in the US labor market. But even if a baseline can be reached, and there is clarity about the health of the labor market, it’s a whole new ball game now. The conflict in the … Read more
Introduction With Labor Day coming up on Friday, it’s important to understand how the Fed is tracking the labor market. In particular, it is important that we do not rely on non-agricultural monthly publications – something we have warned against ever since. 2023. Whiplash reviewsthe changing “breakeven rate” (the number of jobs needed to keep … Read more
ROSELAND, NJ, April 1, 2026 /PRNewswire/ — Private sector employment increased by 62,000 jobs in March and wages rose 4.5 percent year-over-year in March. ADP National Employment Report® produced by ADP Research in partnership with the Stanford Digital Economy Lab (“Stanford Lab”). ADP Research (PRNewsfoto/ADP, Inc.) The ADP National Employment Report is an independent measure … Read more
ROSELAND, NJ, April 1, 2026 /PRNewswire/ — Private sector employment increased by 62,000 jobs in March and wages rose 4.5 percent year-over-year in March. ADP National Employment Report® produced by ADP Research in partnership with the Stanford Digital Economy Lab (“Stanford Lab”). The ADP National Employment Report is an independent measure of the labor market … Read more
This week, the market is focused on the US labor market data, especially against the backdrop of growing concerns about the recession. Employment has become an important window for evaluating macroeconomic trends. The upcoming ADP employment data, scheduled for release on Wednesday, is expected to show that the US private sector added about 40,000 new … Read more
At a time when risk advisories highlight concerns about crime and security, the country’s tourist economy is booming, pushing travel jobs to 1 million and attracting millions of domestic and international visitors. The warnings highlight violent robberies, carjackings, assaults, and airport stalking incidents, and advise being vigilant in cities after dark, among other precautions. Official … Read more