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U.S. Job Market Surges in September with Service Industry Leading the Charge

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Bureau of Labor Statistics , nonfarm payrolls surged by 336,000 — significantly surpassing the Dow Jones estimate of 170,000. This growth is the most substantial since January and shows the resilience of the U.S. Industries that recorded the most growth were leisure and hospitality — with 96,000 new jobs. The post U.S.

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Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market

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nonfarm payrolls far exceeded economists’ predictions of 185,000 jobs. Job gains were recorded in professional and business services, health care, retail trade, and social assistance, according to the BLS report. Employment declined in the mining, quarrying, and oil and gas extraction industry. ADP reported 5.2%

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U.S. Private Sector Adds Nearly Half a Million Jobs in June

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The report, produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, uses anonymized payroll data from client companies served by ADP to provide a comprehensive picture of the labor market. The data also revealed that annual pay increased by 6.4% year-over-year, which was down from 6.6%

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U.S. Unemployment Hits Lowest Level Since 1969

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What’s going on: In April 2023, the United States experienced better-than-expected job growth, with 253,000 nonfarm payrolls added to the economy, according to CNBC. Even the finance industry showed signs of resilience, per the report , with an increase of 23,000 jobs.

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Unemployment Rate Increases Despite Job Growth

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The report indicates that nonfarm payroll employment increased by 339,000 jobs, surpassing the highest estimates projected by some experts, according to ZeroHedge. This unexpected boost in job creation suggests a stronger economy. As industries experience growth, they may invest in expansion, creating more job opportunities.

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October Job Market Growth Staves Off Recession Concerns – For Now

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added 261,000 payrolls last month, above expert forecasts of 200,000. . “In In October, notable job gains occurred in health care, professional and technical services, and manufacturing,” the organization stated. . According to the Bureau of Labor Statistics, the U.S.

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Employee personnel files — what should and shouldn’t be included

BMT Office Administration

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Health insurance forms. Learn about these requirements at the Department of Health and Human Services’ HIPAA website. Payroll deduction forms. Reasonable accommodations.

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