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March Hiring Surge Spanned the Country — Update - Vimarsana News

March Hiring Surge Spanned the Country — Update

Provided by Dow Jones By Danny Dougherty and Eric Morath Hiring increased in 49 states across the country in March, with large states such as California, Texas and New York adding the most jobs. Employers in leisure and hospitality, including at restaurants, hotels and entertainment venues, accelerated hiring across the U.S. That allowed some of the hardest-hit states, such as Hawaii, to see strong job growth last month. "Better health conditions and expanding reopenings will strengthen and widen the breadth of state labor market recoveries," said Oren Kla...

U.S. Economy Added 379,000 Jobs in February -- 3rd Update - Vimarsana News

U.S. Economy Added 379,000 Jobs in February -- 3rd Update

By Eric Morath and Hannah Lang The U.S. economy is set up for a stronger recovery this spring after a February surge in hiring at restaurants and other hospitality businesses created the best...

U.S. Economy Added 379,000 Jobs in February — 2nd Update - Vimarsana News

U.S. Economy Added 379,000 Jobs in February — 2nd Update

Provided by Dow Jones By Eric Morath and Hannah Lang Hiring accelerated in February as restaurants and other hospitality businesses reopened and coronavirus cases eased, setting up the U.S. economy for broader growth this spring. U.S. employers added 379,000 jobs in February -- the largest monthly increase since October -- and January gains were revised higher to 166,000 jobs, the Labor Department said Friday. The hiring thaw comes after job growth froze earlier in the winter. The unemployment rate, determined by a separate survey, ticked down to 6.2% last...

Senate Democrats Look for Backup Plan to Raise Minimum Wage Through Taxes - Vimarsana News

Senate Democrats Look for Backup Plan to Raise Minimum Wage Through Taxes

Provided by Dow Jones By Kristina Peterson, Richard Rubin and Eric Morath WASHINGTON -- Senate Democrats began preparing a backup plan Friday for raising the minimum wage at some large companies as part of their coronavirus relief package, after the chamber's parliamentarian ruled out including a broader increase. Backed by Senate Majority Leader Chuck Schumer (D., N.Y.), two committee chairmen are working on a new, more limited proposal that would use the tax system to prod employers to raise wages. The plan would impose tax penalties on large companies t...

U.S. Unemployment Claims Fell Sharply Last Week — 2nd Update - Vimarsana News

U.S. Unemployment Claims Fell Sharply Last Week — 2nd Update

Provided by Dow Jones By Eric Morath The number of workers seeking unemployment benefits fell sharply last week, adding to signs that the job market could be stabilizing after layoffs edged higher earlier in the winter. Initial weekly unemployment claims decreased by 111,000 to a seasonally adjusted 730,000 last week, the Labor Department said Thursday. It was the lowest weekly level of new applications to regular state programs since late November and the biggest weekly drop since last summer. However, the latest figures came as storms disrupted business ...