U.S. Job Growth Anticipated to Rebound Following Adverse Weather and Strikes
In a recent analysis, experts have indicated that the U.S. job market is poised for a recovery after being significantly impacted by natural disasters and labor strikes. The labor market's resilience has been tested in recent months, notably due to the disruptions caused by storms that hindered hiring and a wave of labor strikes that affected various sectors.
Continue readingAustralia's Robust Job Market Continues as Unemployment Holds Steady
In a significant display of economic resilience, Australia's job market has shown persistent growth, revealing new hiring figures that indicate an upward trend in employment rates. The country continues to defy expectations with an unexpected increase in the number of jobs, coupled with a steady unemployment rate, showcasing its capacity to adapt to changing economic conditions.
Continue readingRecord Seasonal Adjustment Tempers an Extraordinary US Jobs Report
But in one of those surprising twists that has left many economists from coast to coast scratching their heads, this October's US jobs report was a curious combination of strong employment growth and record seasonal adjustments. Although the figures showed a surprisingly strong job market, the numbers were partly tempered by unprecedented seasonal adjustment factors applied by the Bureau of Labor Statistics.
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