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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What to expect from the jobs report | CNN BusinessIf the latest employment trends continue and economists' forecasts prove true, Friday's jobs report could bring back that pre-pandemic feeling.
Source: CNN - 🏆 4. / 95 Read more »
What to expect from the April jobs report | CNN BusinessIf the latest employment trends continue and economists' forecasts prove true, Friday's jobs report could bring back that pre-pandemic feeling.
Source: CNN - 🏆 4. / 95 Read more »
US labor market heats back up, adding 253,000 jobs in April | CNN BusinessThe labor market heated back up in April as employers added 253,000 jobs, according to data released Friday by the Bureau of Labor Statistics. It's a surprising increase at a time when many indicators were pointing to a slowdown in the job market.
Source: CNN - 🏆 4. / 95 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 »
Jenny Craig is going out of business | CNN BusinessJenny Craig, the weight-loss chain, has confirmed that it's shutting down for good.
Source: cnni - 🏆 326. / 59 Read more »