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Why businesses are still furiously hiring even as a downturn looms

The Economist LogoThe Economist3w ago

Why businesses are still furiously hiring even as a downturn looms - The Economist

Quick Summary:

Figures released on September 2nd show that American employers, excluding farms, added 315,000 workers to payrolls in August.

Can any firms navigate today’s tricky labour market well?

The Jobs Openings and Labour Turnover Survey (jolts), released a few days earlier, shows there were 11.2m job openings in July.


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Article Details

Category: EconomyFinance

Topics: Firms Hiring Payrolls Rate Jobs Market Labour Workers People Need Recession

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-05, 08:00:27

News Timezone: GMT -5:00

News Source URL: economist.com

Language: English

Reading Time: 8 minutes read

Article Length: 1333 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 195372

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About The Economist

The Economist Logo

Main Topics: EconomyFinance

Official Website: economist.com

Update Frequency: 2 posts per week

Year Established: 1843

Headquarters: United States

News Last Updated: 16h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #36

Publisher Details

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