In a surprising burst of hiring, America’s employers added 467,000 jobs in January in a sign of the economy’s resilience even in the face of a wave of omicron infections last month.
WASHINGTON —
“Employers have assumed that omicron would be painful but short term, so they haven’t changed their hiring plans,” said Mathieu Stevenson, the CEO of Snagajob, a job listings site focused on hourly workers. “Demand from employers is as strong as ever.”At the same time, the magnitude of the job growth points to an economy in which high levels of hiring and spending, combined with supply shortages, are accelerating inflation, wiping out pay raises and intensifying pressure on households.
“There are workers out there — it’s just taking time to integrate them back into the labor force,” Zhao said.The overall outlook for the job market remains bright, with openings near a record high, the pace of layoffs down and the unemployment rate having already reached a healthy level. The nation gained more jobs last year, adjusted for the size of the workforce, than in any year since 1978. The unemployment rate fell by nearly 3 percentage points — from 6.7% to 3.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rappel de 817 000 Tesla pour un problème de logiciel | Actualités automobile | Auto123Tesla rappelle 817 143 véhicules pour corriger un problème logiciel qui peut rendre muet le carillon de ceinture de sécurité qui est censé retentir au déma
Read more »
GM veut livrer 400 000 VÉ d’ici 2024 en Amérique du Nord | Actualités automobile | Auto123GM veut écouler 400 000 modèles tout électriques d’ici le début de l’année 2024 en Amérique du Nord. Auto123 a les détails.
Read more »
US employers shrug off omicron, add 467,000 jobs in JanuaryThe Labor Department’s report Friday also showed the unemployment rate ticked up from 3.9% to 4%.
Read more »