Christopher Rugaber Associated Press Published 9:46 AM EDT Apr 3, 2019 Washington – Companies added the fewest jobs in 18 months in March, a private survey found, suggesting employers may have grown more cautious as signs of slower economic growth have emerged. Payroll processor ADP said Wednesday that businesses added 129,000 jobs last month, down from the previous month’s gain of 197,000. Still, the job gains in March are enough to slightly lower the unemployment rate over time. All the job gains were in service sectors, such as education and health care, which added a combined total of 56,000. Professional and business services, which include engineering, accounting, and other higher-paid work, added 41,000. Manufacturing and construction firms both cut jobs last month. Small businesses added just 6,000 jobs, far below the hiring by large and medium-sized businesses. Smaller companies typically struggle to compete in hiring with bigger businesses when fewer … [Read more...] about Survey: Businesses add jobs at slowest pace in 18 months
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Survey: Business economists see slowdown in growth this year
Martin Crutsinger, Ap Economics Writer Updated 5:29 am CDT, Monday, March 25, 2019 FILE - In this Nov. 14, 2018, file photo, a U.S. Coast Guard vessel patrols the Oakland estuary as the container ship Horizon Enterprise is unloaded in Oakland, Calif. The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration’s predictions that growth will accelerate this year and next. less FILE - In this Nov. 14, 2018, file photo, a U.S. Coast Guard vessel patrols the Oakland estuary as the container ship Horizon Enterprise is unloaded in Oakland, Calif. The nation's business economists foresee a ... more Photo: Ben Margot, AP Photo: Ben Margot, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE … [Read more...] about Survey: Business economists see slowdown in growth this year
Survey: Businesses added a strong 213,000 jobs in January
Christopher Rugaber, Ap Economics Writer Updated 8:21 am CST, Wednesday, January 30, 2019 In this Jan. 3, 2019, photo customers enter a McDonald's restaurant near an employment sign in Atlantic Highlands, N.J. On Wednesday, Jan. 30, payroll processor ADP reports how many jobs private employers added in January. less In this Jan. 3, 2019, photo customers enter a McDonald's restaurant near an employment sign in Atlantic Highlands, N.J. On Wednesday, Jan. 30, payroll processor ADP reports how many jobs private employers added ... more Photo: Julio Cortez, AP Photo: Julio Cortez, AP Image 1 of / 1 Caption Close Image 1 of 1 In this Jan. 3, 2019, photo customers enter a McDonald's restaurant near an employment sign in Atlantic Highlands, N.J. On Wednesday, Jan. 30, payroll processor … [Read more...] about Survey: Businesses added a strong 213,000 jobs in January
Survey: Businesses added a strong 213K jobs in January
Christopher Rugaber Associated Press Published 8:36 AM EST Jan 30, 2019 Washington – U.S. businesses added a solid 213,000 jobs in January, a private survey found, a sign the partial government shutdown and trade war concerns aren’t discouraging companies from hiring more people. Payroll processor ADP said Wednesday that job gains fell in January from a robust 263,000 in December, which was revised slightly lower. ADP’s report does not include government employees and therefore was not directly affected by the government shutdown. Instead, the data suggests that the shutdown did not broadly discourage private companies from adding workers. Still, the ADP report frequently diverges from the official figures. The report was released two days before the government issues its official monthly jobs numbers Friday. Economists are forecasting a smaller gain of 164,000, though that is enough to lower the unemployment rate over time. … [Read more...] about Survey: Businesses added a strong 213K jobs in January
BUSINESS NEWS IN BRIEF 27/11
Enterprise Rent-A-Car to enter Vietnamese market The US’s biggest car rental company, Enterprise Rent-A-Car, will officially offer its services in Viet Nam starting on November 29. The company’s website enterprise.vn is now opening for rental services, with vehicles of five to 29 seats. The prices range from VND800,000 (US$34.19) a day for a Suzuki Vitara to VND2.6 million per day for a Samco bus. Enterprise’s car rental services in Viet Nam (and Asia) are licensed to MP Executives – a subsidiary of MP Group – which has more than 23 years of experience in the logistics industry in Viet Nam. Viet Nam is the first country in Asia to use Enterprise’s car rental service. In addition to providing services in the US, Enterprise is available in 84 other countries. Vingroup opens three technology firms Vingroup’s goal in the next 10 years is to become a world-class technology-industry-service corporation in which technology plays a major role. — … [Read more...] about BUSINESS NEWS IN BRIEF 27/11