The Fed's Powell is worried about the job market. Here are 3 red flags.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
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Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
The advent of AI in the workplace is one factor behind a spike in layoffs this year, new labor data shows.
Employers across the U.S. added 147,000 jobs in June, while the unemployment rate fell to 4.1%.
The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," according to a new analysis.
Quality Metalcraft is reporting that 41 of its 351 employees in Livonia are subject to permanent layoff.
An RV manufacturing site in St. Joseph County will close in a few weeks, according to a Michigan WARN notice.
A Michigan WARN Act notice reports that Tribar Technologies operations will be consolidated in Howell.
The company says the layoffs are not related to tariffs. The layoffs are effective April 14.
Hiring rebounded in March, signaling that the labor market remains resilient despite stronger economic headwinds.
Michigan's statewide seasonally adjusted jobless rate nudged slightly higher in January compared to December.
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.
One Ann Arbor employee found out she was being fired after being locked out of her government accounts at that time. Now she says she's expecting an offer to return to the VA Hospital, but it will be in a different role.
Oakland County is seeking seasonal help for positions such as waterpark attendant and law clerk intern.
The City of Farmington Hills plans to hire nearly 200 seasonal workers for spring and summer 2025.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
A new report claims Detroit has a more challenging job market than nearly every other major metro in the U.S.
The labor market rebounded last month after taking a hit in October from hurricanes and labor disputes.
A growing number of unemployed workers have been searching for a new job for more than 15 weeks, labor data shows.
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Monthly data from the Labor Department bolsters the case for the Fed to start lowering borrowing costs in September.
Forecasts show that employers are likely to hire fewer newly minted college grads this year. But there are pockets of job growth.
More than 100 Ann Arbor Public Schools employees will be cut from the 2024-2025 budget. The school board voted for the decision 6-1 at a board meeting at Pioneer High School Monday night.
U.S. unemployment rate rose slightly to 3.9% in April, continuing a stretch of remaining under 4% for 27 months.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
