Job openings in the U.S. fall to two-year low

The numbers: The number of job openings in the United States fell to a two-year low at the end of 2019, reflecting a slowdown in hiring tied to a softening economy. Job openings sank to 6.42 million in December from 6.79 million, the Labor Department said Tuesday. It’s the second big decline in a row and they declined by more […]

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Why wage gains may accelerate despite January pause

Worker pay barely rose in January despite a hefty 304,000 gain in new jobs and a slew of increases in minimum wages across the country. The pace of wage gains fell slightly to 3.2% in January, but economists say it’s likely a statistical anomaly and no big deal. By virtually ever measure, workers are doing better and wages are growing […]

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Lululemon Gains After Boosting Quarterly Sales, Profit Forecast

Investors are happy about at least one retailer’s holiday season: Shares of Lululemon Athletica Inc. jumped on Monday after the yogawear company increased its fourth-quarter guidance for sales and profit. Lululemon said comparable-store sales, a key gauge of retail success, increased in the high-single to low-double digits for the current quarter, which ends Feb. 3. The company also sees total […]

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