Women Now Outnumber Men On U.S. Payrolls
Women got the lion's share of new jobs in December and now outnumber men on U.S. payrolls. This unusual situation reflects the growth of industries like health care where women dominate.
manufacturing
U.S. Job Growth Cools In December As Employers Add 145,000 Jobs
December's job growth is down slightly from the three previous months, when employers added an average of 200,000 jobs. But the unemployment rate held steady at 3.5%, matching a 50-year low.
Boeing Is So Big That Its 737 Max Production Halt Will Slow The Economy
The aircraft giant is the top U.S. exporter, and its decision to suspend production of the 737 Max is likely to ripple through the supply chain. Several analysts project that the move will cut growth.
Hiring Steady As Employers Add 136,000 Jobs; Unemployment Dips To 3.5%
U.S. employers added 136,000 jobs in September — a sign of continued resilience in the labor market amid growing signals that the economy is losing steam. The jobless rate was the lowest since 1969.
Tepid U.S. Jobs Report Adds To Economic Jitters
The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.
Manufacturing Shrinks For 1st Time In 3 Years On Trade Tensions
Manufacturing activity in the U.S. shrank last month for the first time in three years. Factories are especially sensitive to international forces, including the ongoing trade wars.
China Falls Out Of Fashion For Some U.S. Brands
As the trade war drags on, more manufacturers are looking to relocate from China to avoid Trump's tariffs. A firm that sells Isaac Mizrahi's clothing line has already shifted much of its production.
ATM Assembly Plant To Close In Greensboro
A bank machine assembly plant in Greensboro has announced plans to close, and over 100 jobs will go with it.
Stock Markets Take A Breather After Steep Drop
Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.
Nissan Is Cutting 12,500 Jobs; Latest Sign Of Trouble For The Auto Industry
Battered by a drop in sales and profits, Nissan plans cuts around the world — including more than 1,400 jobs in the United States. It's the latest sign of tumultuous times for the car industry.