Mexican Media Brands
U.S. Jobless Rate Edges Up to 7.9%
American employers added 171,000 jobs last month, according to the Dept. of Labor.
#labor
Share
American employers added 171,000 jobs last month, according to the Dept. of Labor.
The Labor Dept. revised upward its estimate for job gains in August and September by a combine 84,000 positions. The economy has added an average of 173,000 jobs per month since July, more than double the rate this spring.
The unemployment rate, which is based on a separate survey, worsened slightly to 7.9% in October from 7.8% the month before. Economists attribute the change to an increase in the number of people who re-entered the job market.
RELATED CONTENT
-
UPDATE: Unifor Ratifies GM Labor Pact by 86% Margin
Hourly workers at General Motors Co.’s CAMI assembly plant in Ingersoll, Ont., will vote today whether to accept an agreement to end a strike they began on Sept. 17.
-
UPDATE: UAW, GM Reach Tentative Labor Deal
General Motors Co. and the United Auto Workers union have reached a possible deal on a new four-year labor contract covering some 48,000 of the union’s hourly workers in the U.S.
-
On the Management Side: Dealing with Rule Breakers
When an employee breaks the rules, what should his or her boss do about it?It’s an important question because the answer can affect the employee’s future behavior, his department’s morale—even a company’s relationship with a union, if one is involved.Every manager, therefore, should review his disciplinary methods periodically to make sure they are producing the most constructive results.