Breaking news: Economy added 236,000 in March, reflecting strength in the labor market that continues to power the nation through head winds
The unemployment rate ticked down to 3.5 percent last month, according to the Bureau of Labor Statistics, hovering near historic lows, as some employers have held onto workers in a tight labor market.
“Am I hoarding workers? You could say I’m guilty of that,” he said. “If the right person walked in the door today, we’d hire them even though we don’t necessarily need them. That is not something I’ve ever done before.” And while some of the country’s largest employers, including Walmart, McDonald’s, Microsoft and Amazon, are laying off thousands, the broader economy continues to add hundreds of thousands of jobs a month. Small businesses are making the bulk of those hires:Advertisement
“People are getting nervous,” he said. “They’re worried what interest rates are going to do, what the economy is going to do. They are being really, really careful about how they spend their money.”Although he would’ve ordinarily reacted by paring down staff — or at least pausing hiring — Rardon said that’s out of the question now. Instead, he’s boosting pay, offering $500 referral bonuses and providing free pizza, pasta and fried chicken on Fridays to keep his workers happy.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Company fined for child labor replaces CEO, launches fund to fight child laborPackers Sanitation Services Inc. has appointed a new CEO amid fallout from a Labor Dept. investigation that found more than 100 children illegally working dangerous jobs for PSSI cleaning slaughterhouses in 13 locations across eight states.
Baca lebih lajut »
Higher March Jobless Claims Add to Signs of Cooling Labor MarketFilings for unemployment benefits were larger than previously thought last month, according to new government calculations.
Baca lebih lajut »
US employers added 236,000 jobs in March in still-resilient labor marketUS employers added a solid 236,000 jobs in March in sign of a still-resilient labor market despite Fed rate hikes.
Baca lebih lajut »
Propst Arena to host 2024, 2025 Conference USA basketball championshipsConference USA Commissioner Judy MacLeod announced that the 2024 and 2025 Conference USA Men’s & Women’s Basketball Championships will be hosted at the Huntsville arena.
Baca lebih lajut »
'Most important' March jobs report expected to show hiring slowed last monthThe Labor Department's March jobs report is expected to show that hiring slowed last month as the labor market cools with higher interest rates.
Baca lebih lajut »