Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors, with particularly heavy […]
WASHINGTON, DC – The U.S. Department of Labor today announced the award of six Dislocated Worker Grants (DWGs) totaling $10,012,821 to help address the workforce-related impacts of the public health emergency related to the coronavirus. These awards are funded under the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provided $345 million for DWGs […]
ROSELAND, N.J. — WHAT: ADP Research Institute® will release the March findings of the ADP National Employment Report, ADP Small Business Report and ADP National Franchise Report on Wednesday, April 1, 2020 at 8:15 a.m. ET. Due to the important contribution that small businesses make to economic growth, ADP Research Institute issues the ADP Small […]
ROSELAND, N.J — While technology and innovation are transforming the way we work, they are also directly impacting why, when and where we work. In a first-of-its-kind study, the ADP Research Institute puts the spotlight on the gig workforce in organizations, often described as a hidden or ‘shadow workforce.’ The research report titled, Illuminating the […]
Davos-Klosters, Switzerland, 23 January 2020 – The World Economic Forum and the Organisation for Economic Co-operation and Development signed today a Strategic Partnership Framework to deepen institutional engagement and jointly accelerate inclusive and sustainable growth globally. The framework consists of three pathways for collaboration, utilizing the collective power of both institutions, including insights, partnerships, and […]
MILWAUKEE — Global talent shortages have almost doubled in the last decade according to new research from ManpowerGroup (NYSE: MAN) released ahead of the World Economic Forum in Davos next week. 54% of companies report skills shortages with businesses in 36 of 44 countries finding it more difficult to attract skilled talent than in 2018. […]
WASHINGTON, DC – U.S. Secretary of Labor Eugene Scalia issued the following statement on the October 2019 Employment Situation report: “Significantly exceeding expectations, the U.S. economy added 128,000 new jobs in October. An additional 95,000 jobs in upward revisions for August and September show a stronger labor market than previously reported. “The unemployment rate remains […]
The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000, the U.S. Bureau of Labor Statistics reported today. Employment in health care and in professional and business services continued to trend up. This news release presents statistics from two monthly surveys. The household survey measures labor force status, […]
Escalating trade tensions and a slowing global economy have led WTO economists to sharply downgrade their forecasts for trade growth in 2019 and 2020. World merchandise trade volumes are now expected to rise by only 1.2% in 2019, substantially slower than the 2.6% growth forecast in April. The projected increase in 2020 is now 2.7%, […]
BROOKLYN, NY – URBAN-X, by MINI, the leading accelerator for startups reimagining city life, today graduated its sixth cohort of startup companies at an official ClimateWeek NYC event at their Brooklyn, New York headquarters. Run in coordination with the UN and the City of New York, Climate Week continues to grow as the time and […]
