Your all in one US Forex Station
As productivity gains and subdued pay rises raise hopes for an American industrial renaissance, employment in the manufacturing sector has grown faster in the US than in any other leading developed economy ever since the beginning of the economic recovery in 2010.
The US has added more net manufacturing jobs than the rest of the G7 [...]
Talents are one of the most important assets of most moder businesses. No company could afford to go without human resource. Recruiting and training new staff is among the most complex and significant scale responsibilities almost every company in the field need to deal with.
These days, many owners of business, especially small businesses, choose to [...]
According to August data, which caused wide concern over the economy, the job growth remain at zero. However, in September, the US economy added a better than expected 103,000 new jobs. This raises hopes that a “double-dip” recession will not come.
While the unemployment rate held steady at 9.1%, the new data indicate a change in [...]
Facing lingering mortgage losses and a worsening outlook of economic, the biggest US lender by assets–Bank of America is expected to unveil a further restructuring later this year, in order to rein in costs. The bank is going to axe 3500 jobs by the end of September.
According to a spokesman for the bank–Scott Silvestri, it [...]
According to the head of the agency that compiles the statistics, it is revealed that bad US payrolls data for May appear to reflect a “general weakening in job growth” rather than any temporary distortion.
Some analysts suggested that the slowdown might reflect supply chain disruptions after Japan’s tsunami or extreme weather events, rather than any [...]