Quick Hits Effective January 1, 2026, Connecticut employers with eleven or more employees must provide paid sick leave to all non-seasonal employees, with a full extension to employers of any size expected on January 1, 2027. Connecticut’s maximum weekly Paid Family and Medical Leave increases to $1,016.40 in 2026 while the employee contribution rate remains … 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
Nonfarm payrolls are forecast to increase 60,000 in March Economists say it will take time for the oil price hike to affect the labor market The unemployment rate is expected to remain steady at 4.4% WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended … Read more
Written by Lucia Mutikani WASHINGTON, April 3 (Reuters) – U.S. job growth may have picked up in March as a health workers’ strike ended and temperatures warmed, but downside risks to the labor market continued to mount due to the ongoing war in the Middle East. The expected return to the pace of last year … Read more
Weekly jobless claims fall 9,000 to 202,000 Continuing claims add 25,000 to 1.841 million The trade deficit widened by 4.9% to $57.3 billion in February WASHINGTON, April 2 (Reuters) – New claims for U.S. jobless benefits fell sharply last week to a record low, suggesting labor market conditions remained calm in March, even as economists … Read more
CAMBRIDGE, Mass. (AP) – Federal Reserve Chairman Jerome Powell said Monday that it is important to carefully watch inflation during the rise in energy prices since the Iran war. Watch Powell’s comments in full in the video player above. Powell, who spoke in front of about 400 students at Harvard University when gas prices averaged … Read more
In February, the US economy lost 92,000 jobs. Unemployment rose to 4.4%. Economists expected moderate growth. Instead, job losses were concentrated in construction, manufacturing, restaurants, administrative services and health care. But a serious crisis is not a bad month. It’s a structural change that’s been in the works for years. The workforce is shrinking – … Read more