U.S. Private Sector Employment Rises Much Less Than Expected In March

Payroll processor ADP released a report on Wednesday showing much weaker than expected private sector job growth in the month of March. ADP said private sector employment rose by 129,000 jobs in March after jumping by an upwardly revised 197,000 jobs in February. Economists had expected employment to increase by 170,000 jobs compared to the addition of 183,000 jobs originally […]

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The World’s Richest Countries Are Full of Anxious, Alienated People

The people of the world’s richest economies are anxious about everything from money and taxes, to healthcare to pensions — and they’ve little faith in their governments to do anything about it. According to a survey of 22,000 people in 21 OECD countries, there’s a “clear sense of dissatisfaction and injustice” in advanced economies. A majority believe they wouldn’t easily […]

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How’s The Trump Job Market? Ask Your Therapist

Under President Donald Trump, the U.S. job market — despite a slow February — has kept up roughly the same healthy pace of gains that prevailed before his election. So what, if anything, has changed? Have any professions done significantly better in this presidency than in the last? Two standouts: miners and psychologists. Presidential sway over the economy tends to be greatly exaggerated. […]

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Speedier growth in service side of economy might be sign of spring thaw, ISM indicates

The numbers: Companies on the service side of the economy that employ the vast majority of American workers grew in February at the fastest pace in three months, the first sign that U.S. growth might be picking up after an early-year lull. The Institute for Supply Management’s survey of senior executives at banks, retailers, restaurants and the like rose to […]

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