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The Latest Breaking News on Jobs Growth Slowed Sharply in October: What the Experts Are Saying

ASX200 closes the week higher, after strong gains by lithium and mining stocks

The ASX200 gained ground on Friday, after strong gains by lithium and mining stocks

ABC News

How the philosophy of the past can help us imagine the economy of the future

The economy keeps making headlines for all the wrong reasons — stories about rising prices, supply shortages and a looming recession have been frequently making the front page these days.

The Conversation

US job openings top forecasts, keeping pressure on Fed to hike

U.S. job openings remained elevated in November, highlighting how a resilient labor market is likely to keep the Federal Reserve tilted toward more restrictive policy in the months ahead.

Tribune News Service

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US job openings fell slightly in November yet still high

U.S. job openings slipped in November but remained at high suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool hiring and wage gains

The Independent UK

January is often a big month for layoffs. Here's what to do in a worst case scenario

From calling creditors to announcing your job loss on social media, a solid game plan can make a layoff sting a lot less.

WEKU

US jobs report likely to show still-tight labor market

The latest U.S. employment report is anticipated to highlight the resilience of the nation’s labor market through 2022, despite the most aggressive pace of monetary tightening in decades.

Tribune News Service

The Week Ahead: How did holiday hiring and pay hold up amid the tech layoffs?

November was a chilly month for jobs, relatively speaking, of course. “Only” 263,000 new jobs were created by employers. That was the slowest pace of adding payroll costs in almost two years. (Yes, it is best to put quotes around the word only in that last sentence because a month…

Miami Herald

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US jobless claims rise slightly but remain near historic lows

Applications for U.S. unemployment benefits rose last week, but remained near historic lows, underscoring the enduring resilience of the labor market despite the Federal Reserve’s aggressive efforts to cool demand.

Tribune News Service

Applications for US unemployment aid rose slightly last week

The number of people seeking unemployment benefits rose modestly last week, the latest sign that the labor market remains strong despite the Federal Reserve’s efforts to cool the economy and hiring

The Independent UK

Workers still have power over their bosses, and a recession won't stop the Great Resignation

Despite layoffs and a looming recession, The Great Resignation shows no signs of stopping if employees aren't paid well during times of inflation.

Fortune

America's worker-boss war is just beginning: expect more conflicts across blue and white-collar industries in 2023

From the New York Times to Amazon warehouses, workers have never been more emboldened. Next year might up the ante even further.

Fortune

‘Heartless’ mass layoffs hit US workers ahead of holidays

Job cuts have risen this year, even as the US economy shows no signs of a downturn for now

The Guardian - US

Washington job market shrugs off recent tech layoffs — for now

Washington's tech companies are cutting thousands of jobs, but hiring in other industries remains surprisingly strong despite new signs of a slowdown next year.

Tribune News Service

Federal investigators focus on emails between Trump lawyers and congressman – as it happened

Revelation casts light on direction of the criminal inquiry into the former president’s insurrection efforts

The Guardian - US

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Tribune News Service

US jobless claims unexpectedly drop to lowest since September

Applications for US unemployment benefits fell last week to the lowest since September, another sign of resiliency in the labor market amid a weakening economy.

The Guardian - UK

UK labour market heads for turning point as pay growth nears peak

Wage demands likely to cool as inflation starts to head down and unemployment rises

The Independent UK

US jobless claims up modestly last week

Slightly more Americans filed for jobless claims last week but the labor market remains one of strongest parts of the U.S. economy

The Independent UK

New York Times braces for 24-hour newsroom strike

The New York Times is bracing for a 24-hour walkout by hundreds of journalists and other employees

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Tribune News Service

Editorial: Keep on track: Congress is right to work to avert a hugely disruptive rail strike

American workers have the right to band together and bargain collectively for better pay and benefits — and unions are generally a force for good. That’s why we’ve cheered the push to organize Amazon warehouses, Starbucks locations and other workplaces. And when push comes to shove, employees have a right…

Zenger

Biden Calls On Senate To Act As The Rail Strike Looms To Daily Economic Damage

The possibility of a $2 billion a day cost to the American economy is on the line as President Joe Biden pushes for a deal

The Independent UK

EXPLAINER: 5 key takeaways from the November jobs report

For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control

Al Jazeera

US President Joe Biden signs bill to avoid December rail strike

Biden vows to return to the issue of paid sick leave ‘not just for rail workers but for every worker in America’.

The Conversation

Jobs are up! Wages are up! So why am I as an economist so gloomy?

In any other time, the jobs news that came down on Dec. 2, 2022, would be reason for cheer.

Tribune News Service

Biden avoids rail strike with new deal, but not everyone is happy

WASHINGTON — President Joe Biden signed legislation imposing a deal he negotiated between freight railroads and organized labor, averting a possible strike but risking a divide with rank-and-file union workers who opposed the settlement.

Fortune

'Two steps forward, one step back': Experts weigh in on November’s jobs report and Powell's big inflation challenge

Persistent wage growth and a low unemployment rate may be great for Americans, but they're making the Fed's inflation fight that much more challenging.

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