Employment data/jobs reports

Retail industry leads employment gains in December

Data released by the U.S. Department of Labor on Friday showed that the unemployment rate fell to 6.7 percent as the economy added 74,000 jobs—led by the retail industry—in December. Retail employment rose by 55,000 in December, with gains of 12,000 in food and beverage stores; 12,000 in clothing and accessories stores; 8,000 in general... Read More...

Report: Employers become increasingly involved in helping to plan retirement

A recent report from Bank of America Merrill Lynch showed that employers and human resources professionals are becoming more involved in helping employees plan their retirements. BofA Merrill Lynch’s Workplace Benefits Report showed a majority of HR professionals report having to acquire greater expertise across retirement and... Read More...

NRF: Retailers added over 15,000 jobs in September

The National Retail Federation estimated last week that the retail industry added over 15,000 jobs in September, a 2.4 percent year-over-year increase. “It’s clear that retailers’ concerns surrounding the softening economy impacted their decisions to take on more hires, but overall, retail continues to play an integral role in the growth... Read More...

D.C. Mayor Gray explains veto of “living wage” bill

Washington D.C. Mayor Vincent C. Gray explained on Sunday his decision to veto the Large Retailer Accountability Act—the “living wage” bill that would have required certain large retailers like Wal-Mart to pay employees a minimum of $12.50 per hour. Gray said the legislation’s costs outweighed the benefits, adding that the bill... Read More...

U.S. economy adds 169,000 jobs in August, falls short of forecast

Data released by the U.S. Bureau of Labor Statistics on Friday showed that the economy added 169,000 jobs in August—below the Bloomberg economic forecast of 180,000 jobs—though unemployment remained relatively unchanged at 7.3 percent. Employment in retail and healthcare increased in August. Employment in information, however, declined... Read More...