Latest Labor economics Stories

ARLINGTON, Va., March 15, 2012 /PRNewswire-USNewswire/ -- The current rate of pay increases for workers in the private sector is expected to remain steady in the coming months, according to the revised first quarter Wage Trend Indicator(TM) (WTI) released today by Bloomberg BNA, a leading publisher of specialized news and information. (Logo: http://photos.prnewswire.com/prnh/20120110/DC33627LOGO) The index fell to 98.40 (second quarter 1976 = 100) from 98.56 in the fourth...

MILWAUKEE, March 13, 2012 /PRNewswire/ -- Hiring optimism among U.S. employers is gaining momentum as positive outlooks are reported broadly across all industries and geographies, according to the latest Manpower Employment Outlook Survey released today by ManpowerGroup. According to the seasonally adjusted survey results, the Net Employment Outlook for Quarter 2 2012 is +10%, up from +8% during the same period last year and from the +9% Outlook during Quarter 1 2012. (Logo:...

WASHINGTON, March 9, 2012 /PRNewswire-USNewswire/ -- Secretary of Labor Hilda L. Solis issued the following statement on the February 2012 Employment Situation report released today: "Our nation's labor market continued to register solid growth in the month of February. The economy added 233,000 private sector jobs last month, while the unemployment rate held steady at a three-year low of 8.3 percent. "We've had 24 straight months of private sector job growth, adding more...

NEW YORK, March 5, 2012 /PRNewswire/ -- Labor demand up 227,000 over the last 3 months Positive Sign: Supply/Demand rate dips below 3.0 NOTE: Seasonally adjusted data for the 52 largest Metropolitan Statistical Areas now available Online advertised vacancies rose 39,900 in February to 4,423,300, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The February rise follows gains in December 2011 and January 2012. The Supply/Demand rate...

HARRISBURG, Pa., March 1, 2012 /PRNewswire-USNewswire/ -- Pennsylvania's seasonally adjusted unemployment rate was 7.6 percent in January, down from 7.7 percent in December 2011. Pennsylvania's unemployment rate was below the U.S. rate of 8.3 percent, and has been below the U.S. rate for 45 consecutive months, and at or below the U.S. rate for 62 consecutive months. The state's unemployment rate was down 0.4 percentage points from January 2011. Pennsylvania's seasonally adjusted...

KYIV, Ukraine, February 16, 2012 /PRNewswire/ -- Since the beginning of the year the rate of registered unemployment in Ukraine has increased by 0.1 percent totaling 1.9 percent. At the same time the seasonally-adjusted unemployment rate for the euro area (17 countries) was 10.4 percent; the EU (27 countries) unemployment rate amounted to 9.9 percent (as of December 2011). As of February 1, 2012, Ukraine, the country of 45.6 million had 521 thousand people...

HARRISBURG, Pa., Feb. 9, 2012 /PRNewswire-USNewswire/ -- Governor Tom Corbett today signed into law Senate Bill 1375, ensuring that federally funded Extended Benefits in Pennsylvania will continue, without interruption, to unemployment compensation claimants through March 10, 2012. Extended Benefits are additional weeks of unemployment compensation payable to qualified workers when the state's unemployment rate reaches a certain level. Extended Benefits are only payable after...

HARRISBURG, Pa., Feb. 9, 2012 /PRNewswire-USNewswire/ -- Governor Tom Corbett today signed Senate Bill 1375 into law. The bill amends the Act of Dec. 5, 1936 (2nd Sp. Sess., P.L. 2897, No. 1), known as the Unemployment Compensation Law, to provide for an extension of federally-funded unemployment compensation extended benefits. The new law takes effect immediately. Information for claimants will be available on the Department of Labor & Industry's unemployment compensation...

PHOENIX, Feb. 7, 2012 /PRNewswire/ -- While unemployment rates continue to be at an all-time high, America is not getting back to work fast enough. Arizona leads the country in unemployment numbers and a lack of aggressive job creation initiatives has left rural areas of the state with staggering unemployment numbers. Coupled with the lack of competitive access to local talent, the community is poised for snail-paced growth. Many existing online recruitment and employment sites...

Women Re-Entering the Labor Force, But Men Leaving WASHINGTON, Feb. 3, 2012 /PRNewswire-USNewswire/ -- According to an Institute for Women's Policy Research (IWPR) analysis of the February 3rd employment report from the U.S. Bureau of Labor Statistics, job growth improved in January with 243,000 jobs added to nonfarm payrolls. In January, women gained 95,000 jobs (almost 40 percent, above their share for the past year) and men gained 148,000. The unemployment rate remained...