NEW YORK — Need more proof that Amazon is big? It came this week. Amazon's U.S. workforce has topped 500,000 for the first time, up 43% from the year before and more than triple what it was five years ago, the company said Friday. It gained 150,000 workers last year,...
US Adds 145,000 Jobs; Unemployment Holds at 3.5%
WASHINGTON — U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion. Friday’s snapshot from the...
Survey: US Companies Added 202,000 Jobs in December
BALTIMORE — U.S. companies added 202,000 jobs in December, led by robust hiring in construction, trade, transportation and utilities, according to a private survey. Payroll processor ADP said Wednesday that the bulk of the hiring was among smaller and mid-sized businesses with fewer than 500 employees. Hiring in November was...
US Gains a Robust 266,000 Jobs; Unemployment Falls to 3.5%
WASHINGTON — Friday’s November jobs report will provide insight into whether steady hiring remains a source of strength for the U.S. economy even as the Trump administration’s trade conflicts have heightened uncertainties for employers. Economists have forecast that the government will report that employers remained confident enough to add a...
Powell Sees Cooler US Hiring in Possible Hint of Rate Cuts
WASHINGTON — Federal Reserve Chairman Jerome Powell said Tuesday that U.S. job growth since early last year was not as robust as thought, a hint that the Fed may be ready to keep cutting interest rates to support the economy. Powell also said the Fed will soon announce plans to buy Treasurys,...
US Adds 136K Jobs, Unemployment Dips to 5-Decade Low
WASHINGTON — The U.S. economy added a modest 136,000 jobs in September, a gain that managed to help lower the unemployment rate to a new five-decade low of 3.5% but also suggested rising caution among employers. The additional hiring and the drop in the jobless rate will likely ease worries...
US Hiring Slows Amid Trade Tensions, Weaker Global Economy
WASHINGTON — U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth and widening trade conflicts. Last month's modest job gain followed a much healthier increase of 224,000 in April. The Labor Department said...
Jobs Available at Restaurant Coming to World Sports Cafe Space
An aeronautically themed restaurant is taking over a big chunk of the space that once was World Sports Cafe at River Park shopping center. And The Hangar is hiring. Interviews for job openings will be held 10 a.m. to noon Saturday at the restaurant-to-be, which is scheduled to open this...
BizFed's Wish List for Newsom: Help on Water, Taxes, Immigration
Gov. Gavin Newsom should focus on water access and reliability, taxes, and immigration, according to a poll of BizFed Central Valley members. The other two areas of critical concern were government regulations and compliance, along with taxes and fees, the organization said in a news release Monday. This was the first...
Jobs Report: Wages Up, Unemployment Dips to 3.8%
WASHINGTON — Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month's weak gain came after...