Jobs

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…

Weekly jobless claims jump to 231,000, the highest since August

Initial filings for unemployment benefits have hit their highest level since late August 2023, a potential sign that an otherwise…

Talent war between family offices and Wall Street drives up salaries

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…

Jobless rates rise in April for all racial groups except Black Americans

The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the…

Private payrolls increased by 192,000 in April, more than expected for resilient labor market

Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S.…

Unemployment rate among Black Americans jumped in March, contrasting overall trends

The unemployment rate among Black Americans jumped in March, according to data released Friday by the Department of Labor. Black…

Here’s where the jobs are for March 2024 — in one chart

The U.S. labor market surprised economists with its strength once again, adding more than 300,000 jobs in March, with a…

Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%

Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and…

Job gains expected again in March. Here are all the things to look for in Friday’s report

The March nonfarm payrolls count likely will indicate hiring continuing at a solid pace, though some weakening foundations of the…