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Labor market News

Professional and business services lead U.S. jobs growth

The U.S. labor market has shown an upswing, based on the latest data released for June 2019. Fueling the growth curve are new positions in professional and business services, followed by healthcare, transportation and warehousing.

Permian Basin shale boom raises spectre of global oil glut

The Permian Basin has remained the nation's top producing oil field. However, a lack of crude oil pipelines has slowed growth in the labor market, including other basins such as the Bakken in North Dakota and New Mexico's part of the Delaware Basin.

Toronto is the fastest-growing tech market in North America

A new report shows that Toronto is North America’s fastest-growing tech market. The fourth largest city in North America is becoming a leader in all things technology and innovation.

Many jobless Americans have given up on looking for employment

The unemployment rate officially dropped to 5.4 percent in April, but a closer examination shows that 40 percent of America's 8.5 million unemployed people have given up on the job search. This data suggests that the labor market is worse than it seems.

Labor market benefits from higher unemployment rates

Compared to last year, the amount of unemployment benefits at the state level hiked up 12,000 to reach 293,000, according to the Labor Department.

US unemployment rises to 9.2% in June, economy stalled

Washington - New figures released by the US Department of Labor on Friday show just 18,000 jobs added in June, the smallest number in nine months, and the unemployment rate rose to 9.2 percent, putting another damper on any possibility of economic recovery.

US job losses in November down, unemployment figure revised down

The good news is that US job losses were only 11,000 in November. The Bureau of Labor Statistics has also revised previous figures for September and October by effectively reinstating 148,000 jobs previously described as lost in a reevaluation.

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Keith Bacongco
Factory Automation with industrial robots for palletizing food products replace human workers. But m...
Factory Automation with industrial robots for palletizing food products replace human workers. But more technical skill sets are needed to operate the machines.
KUKA Roboter GmbH, Bachmann
Assembly of Section 41 of a Boeing 787 Dreamliner  July 1  2007.
Assembly of Section 41 of a Boeing 787 Dreamliner, July 1, 2007.
Altair 78

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