What Higher Interest Rates Could Mean for Jobs Layoffs are up only minimally, and employers may be averse to shedding workers after experiencing the challenges of rehiring.
April Jobs Report: Gain of 428,000 Shows Vibrant Labor Market The Labor Department reported a gain of 428,000 jobs in April, along with a 5.5 percent increase in average hourly earnings from a year earlier.
April Jobs Report: Gain of 428,000 Shows Vibrant Labor Market The Labor Department report also showed a 5.5 percent increase in average hourly earnings from a year earlier.
Workers are returning, just not as fast as employers want to hire them. After lagging earlier in the recovery, the labor force has rebounded strongly in recent months. But job openings are rising even faster.