But hiring isn’t strong across the board, and is concentrated in a handful of industries. “Employers continue to hire for in-demand skills while pulling back on non-essential headcount,” said Becky Frankiewicz, president and chief commercial officer at ManpowerGroup, a staffing agency.
Where workers got laid off Even though the jobs report showed a net positive gain, there were some sizable layoffs. The largest cuts hit workers who are involved in helping other workers get hired, such as recruiters, careers coaches and human resources professionals. Across that industry, known as employment services, there were 24,000 layoffs last month. “It’s the year of efficiency,” said Julia Pollak, chief economist at ZipRecruiter.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
All-you-can-eat buffet restaurants are back | CNN BusinessThe Covid-19 pandemic crushed all-you-can-eat buffets.
Source: CNN - 🏆 4. / 95 Read more »
Fox demands Media Matters stop publishing leaked Tucker Carlson videos | CNN BusinessFox sent a cease-and-desist letter on Friday to Media Matters, the progressive watchdog, and its president, demanding that it take down embarrassing behind-the-scenes videos of Tucker Carlson attacking Fox News' streaming service and making crude remarks while joking with staff.
Source: CNN - 🏆 4. / 95 Read more »
How YouTube became a force in Korean politics | CNN BusinessYouTube's most watched daily live program in South Korea might surprise you. It is not about K-pop, it is not a K-drama, and has nothing to do with BlackPink.
Source: cnni - 🏆 326. / 59 Read more »
What the April jobs report means for you, your employer, and the Fed | CNN BusinessHigh prices, rising interest rates and banking uncertainty be damned: The US labor market is still chugging right along.
Source: CNN - 🏆 4. / 95 Read more »
Live Nation posts 73% jump in revenue and record attendance despite controversies | CNN BusinessLive Nation posted a record $3.1 billion in revenue -- up 73% from last year -- in the first quarter of 2023, despite possible regulation and tremendous fallout from botched Ticketmaster sales for the Taylor Swift Eras tour.
Source: CNN - 🏆 4. / 95 Read more »