employment

Stocks Climbing Back Up After Strong Jobs Report. What Happens If The Economy Grows Too Quickly?

Stocks Climbing Back Up After Strong Jobs Report. What Happens If The Economy Grows Too Quickly?

The Dow Jones Industrial Average (INDEXDJX: DJI) at one point climbed more than 300 points Friday morning following a surprise increase in the US Jobs Report. After a tumultuous pandemic year in which the unemployment rate ballooned to 14.8%, unempl..

Honeywell To Shift Global Headquarters To Charlotte

Honeywell To Shift Global Headquarters To Charlotte

Honeywell International Inc. (NYSE: HON) announced on Friday it is relocated its global corporate headquarters to Charlotte, North Carolina, which is closer to several of the Company’s businesses in the Southeast of the United States.The U.S. ..

What the Latest Unemployment Report Can Tell You About the Economy

What the Latest Unemployment Report Can Tell You About the Economy

The latest Unemployment Rate Report, released on July 6th, by the Labor Department, showed 213,000 jobs added last month, which surpassed economists' expectation of 200,000. Meanwhile, there was an increase in the unemployment rate from 3.8..

U.S. Weekly Jobless Claims Increase Slightly

U.S. Weekly Jobless Claims Increase Slightly

The number of Americans filing for unemployment benefits rose slightly last week, but it still suggested that labor market is still strong.Initial claims for unemployment benefits increased by 3,000 to a seasonally adjusted 229,000 in the week ended..

Amazon to Hire 120,000 workers for Holiday Season

Amazon to Hire 120,000 workers for Holiday Season

Amazon.com, Inc. (NASDAQ: AMZN) on Thursday announced that it is hiring more than 120,000 temporary employees across its U.S. network of fulfillment centers, sortation centers and customer service sites.The number of new hiring is nearly the sa..

U.S Jobless Claims Fall 23,000 to 259,000

U.S Jobless Claims Fall 23,000 to 259,000

The number of Americans filing for unemployment benefits fell unexpectedly last week as the impact of Hurricane in Texas and Florida continues to fade.Initial claims for unemployment benefits decreased by 23,000 to a seasonally adjusted 259,000 in t..