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Wages Rise and Job Growth Outpaces Expectations in Latest Labor Report

Allwork

In addition to the better-than expected increase in nonfarm payrolls reported by the Labor Department on Friday, wages rose at a solid pace last month. Nonfarm payrolls increased by 254,000 jobs last month, the most since March, the Labor Department’s Bureau of Labor Statistics said. presidential election.

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Surging Labor Market Bumps Odds Of U.S. Recession Down To 15%

Allwork

The Federal Reserve cut its policy rate by 50 bps in September to the 4.75%-5.00% range, its first rate reduction since 2020. However, October is likely to be a particularly complicated month, with both a hurricane and a major strike threatening to depress payrolls, the brokerage cautioned. by June 2025. “We

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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

By barring companies from implementing such policies, workers would be able to seek greener pastures as they please. . Research from the Economic Policy Institute shows 49.4% The fight to keep and attract top candidates would also lead to higher salaries, and thus increased payroll costs. . How Leaders Can Prepare .

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Free Webinar: Using Twitter to Grow Your Business

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses? Carolyn is leading the coworking study and Steve is a member of the project team.

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Major US firms scammed by massive North Korean remote work laptop farm

Workplace Insight

According to the indictment, starting in 2020, the operation exploited the identities of roughly 60 unsuspecting US citizens. In March 2020, she was reportedly approached by an unidentified individual seeking her services as the “US face” of their company. Prosecutors estimate the gains at $6.8

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U.S. Jobless Claims Fall, Suggesting October’s Job Losses Were Just A Blip

Allwork

Nonfarm payrolls increased by a mere 12,000 jobs in October, the fewest in nearly four years. The Fed initiated its policy easing cycle with an unusually large half-percentage-point rate cut in September, the first reduction in borrowing costs since 2020. It hiked rates by 525 basis points in 2022 and 2023 to tame inflation.

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U.S. Unemployment Claims Fall Beyond Expectations

Allwork

The claims report covered the week during which the government surveyed employers for the nonfarm payrolls component of October’s employment report. Nonfarm payrolls increased by the most in six months in September, with the unemployment rate falling to 4.1% The report will be released days before the Nov. presidential election.

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