Earlier this week, the Census Bureau reported that the real median household income increased 5.2 percent, from $53,718 in 2014 to $56,516 in 2015. That’s the first annual increase since …
That is not a typo: last month, according to the Bureau of Labor Statistics, the economy added just 38,000 jobs to public- and private-sector, non-farm payrolls. That's considerably lower than economists estimated before this morning's release of the monthly The Employment Situation Summary; economists polled by Reuters predicted the addition of 162,000 jobs.
After years of education, training, and soul-searching, when the time finally comes to really launch your career in earnest, it can feel pretty exciting, but maybe a little scary and overwhelming, too. You know that the decisions you make now will impact your professional journey for years to come. It's important that you have as much information as possible, so that you can head in the right direction.
Hiring slowed in April, this morning's report from the Labor Department shows. Total nonfarm employment increased by 160,000 jobs, despite economists' earlier predictions that the report would reflect the addition of around 200,000 jobs to public- and private-sector payrolls. Unemployment remained at 5 percent.