Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups

Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups

Jobseekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June 26, 2024. Joe Raedle | Getty Images The unemployment rate for women in white, Black and Hispanic racial groups rose in June in line with the overall trend, according to data released Friday by the Department … Read more

India will fail to plug jobs gap even with 7% growth, says Citi

India will fail to plug jobs gap even with 7% growth, says Citi

India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. Citi estimates India will need to create about 12 million jobs … Read more

Jobs report June 2024:

Jobs report June 2024:

Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida.  Joe Raedle | Getty Images The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday. Nonfarm payrolls increased by 206,000 for … Read more

‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO

‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that focuses on industrials. “Some will call it deglobalization. We’re in the early innings,” Pot told CNBC’s “ETF Edge” this week. “At the heart of it is job creation, manufacturing … Read more

Private payrolls grew by just 150,000 in June, less than expected

Private payrolls grew by just 150,000 in June, less than expected

Private payroll growth edged lower in June, according to a report Wednesday from ADP that indicates a potential slowdown in the U.S. labor market. Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000. The total was the lowest monthly gain since January. … Read more

Why fewer young adults are working

Why fewer young adults are working

Klaus Vedfelt | Digitalvision | Getty Images Although the unemployment rate has spent 30 months at or below below 4% — a near record — not everyone who wants a job has one. And not everyone even wants a job at all. Some, referred to as “NEETs,” which stands for “not in employment, education, or training,” are … Read more

Leading Lab-Grown Meat Company Cuts Dozens of Jobs

Leading Lab-Grown Meat Company Cuts Dozens of Jobs

Cultivated meat firm Upside Foods has cut its workforce as the industry continues to struggle with bans from legislators and a significant downturn in venture capital funding. In an email sent to employees, Upside CEO Uma Valeti wrote that 26 people would leave the company and that executive and leadership teams would be restructured to … Read more

John Deere laying off around 600 Midwest workers ahead of Mexico expansion

John Deere laying off around 600 Midwest workers ahead of Mexico expansion

(NewsNation) — John Deere plans to lay off hundreds of employees across three Midwest factories by the end of next month. Around 600 production workers across factories in East Moline, Illinois, and Davenport and Dubuque, Iowa, will be laid off effective Aug. 30, according to a release obtained by WQAD-TV. The layoffs are due to reduced … Read more

Americans take less time off but Europeans are more vacation deprived

Americans take less time off but Europeans are more vacation deprived

Nearly two in three workers around the world are “vacation deprived,” according to a new report published by Expedia. However, the report shows the feeling is highest among cultures that take the most days off. Some 84% of Germans and 69% of French respondents said they feel they don’t have enough time off, according to … Read more