The Fed has been delaying any consideration of interest rate cuts until it gains more confidence that inflation is steadily slowing.
jobs
Posted inBusiness, Local & State, News
Mills hopes money for Maine ‘co-working’ businesses will help bring, keep remote workers
Eleven communal office companies – including 6 in southern Maine – were awarded a total of $500,000 as part of the Maine Jobs and Recovery Plan.
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Posted inNation & World, News
Another month of robust U.S. job growth points to continued economic strength
Friday’s report from the Labor Department also showed that the unemployment rate dipped from 3.9% to 3.8%.
Posted inBusiness, Local & State, News
More Mainers are working, but unemployment rate remains at 3.4%
The health care and social assistance sector saw the biggest increases in new workers amid a labor shortage that has caused a crisis in access to health care.
Posted inBusiness, Nation & World, News
Immigration is fueling U.S. economic growth while politicians rage
The surprising pace of U.S. job growth is attributable in part to immigrants.
Posted inBusiness, Nation & World, News
Tyson is hiring immigrants in New York for jobs no one else wants
Tyson is joining the nonprofit Tent Partnership for Refugees with a plan to hire some of the 181,400 migrants that have come through New York City’s intake system over the last 2 years.
Posted inBusiness
U.S. employers pull back on hiring in October, add 150,000 jobs in face of higher borrowing rates
Strikes against Detroit’s automakers likely shrank last month’s job growth by at least 30,000.
Posted inTimes Record
L.L. Bean Bootmobile meets Planters Nutmobile in corporate crossover
A 13.5-foot-tall boot and an 11.5-foot-tall peanut — both on wheels — met in the L.L. Bean employee parking lot Sunday. Instagram handles, honey-roasted peanuts and miniature L.L. Bean boot keychains were exchanged.
Posted inBusiness, Uncategorized
Fewer Americans apply for jobless benefits as labor market keeps humming along
The four-week moving average of claims, a less volatile measure, rose by 2,250 to 236,750.
Posted inBusiness
Still hiring: Big Tech layoffs give other sectors an opening
The federal government is making the most aggressive effort to hire thousands of software engineers, data scientists and cybersecurity specialists.