What Walmart’s new focus on employee stock means for the labor market and average American household
https://www.cnbc.com/2024/02/03/what-walmarts-new-focus-on-employee-stock-means-for-american-wealth.html
Feb 03, 2024 - Walmart wants workers, from managers to associates, to own more of its shares in the market. It's a trend that could create $20 billion in household wealth.
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The Jobs Report Does Not Take A March Rate Cut Off The Table
https://seekingalpha.com/article/4667237-the-jobs-report-does-not-take-a-march-rate-cut-off-the-table?source=feed_all_articles
Feb 02, 2024 - Stocks initially dropped after strong job growth in January. Read why the report wasn't as strong as believed.
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The unemployment rate of Black men rose in January, underscoring continued inequality in labor market
https://www.cnbc.com/2024/02/02/unemployment-rate-of-black-men-rose-in-january-underscoring-continued-inequality.html
Feb 02, 2024 - While experts warn against reading too much into month-to-month changes, data does show a continued disparity between Black and white males in the workforce.
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Manufacturing and construction are hiring — but there aren't enough people trained to fill the jobs
https://www.cnbc.com/2024/02/02/jobs-report-manufacturing-and-construction-sectors-are-hiring.html
Feb 02, 2024 - Manufacturing and construction companies will be struggling to fill all their available jobs in the coming years, and are getting creative with training.
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The US didn't just avoid a recession — it's adding hundreds of thousands of new jobs
https://www.startribune.com/the-us-didnt-just-avoid-a-recession-its-adding-hundreds-of-thousands-of-new-jobs/600340438/
Feb 02, 2024 - Follow the StarTribune for the news, photos and videos from the Twin Cities and beyond.
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U.S. economy added 353,000 jobs in January, much better than expected
https://www.cnbc.com/2024/02/02/us-economy-added-353000-jobs-in-january-much-better-than-expected.html
Feb 02, 2024 - Nonfarm payrolls were expected to increase by 185,000 in January, according to a Dow Jones consensus estimate.
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Economists say the labor market is strong — but job seekers don't share that confidence. Here's why
https://www.cnbc.com/2024/02/02/why-it-feels-so-hard-to-get-a-job-right-now.html
Feb 02, 2024 - More than half of unemployed adults say they are burned out from searching for a new job. Experts suggest it might be due to the cooling labor market.
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Restaurants and bars lost a nominal number of jobs in January
https://www.nrn.com/workforce/restaurants-and-bars-lost-nominal-number-jobs-january
Feb 02, 2024 - The hospitality sector added 11,000 jobs during January, however restaurants and bars specifically lost 2,400 jobs.
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BLS Jobs Up Big: 353K, 3.7% Unemployment
https://www.zacks.com/stock/news/2220369/bls-jobs-up-big-353k-3-7-unemployment?cid=CS-ZC-FT-ahead_of_wall_street-2220369
Feb 02, 2024 - 353K new jobs created for January are nearly double the 180K or so analysts were looking for.
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U.S. Job Growth Far Exceeds Economist Estimates In January
https://www.rttnews.com/3421580/u-s-job-growth-far-exceeds-economist-estimates-in-january.aspx?type=alleco
Feb 02, 2024 - Signaling continued strength in the labor market, the Labor Department released a closely watched report on Friday showing employment in the U.S. soared by much more than expected in the month of January. The Labor Department said non-farm payroll employment spiked by 353,000 jobs in January compared to economist estimates for an increase of about 180,000 jobs.
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