AGP Executive Report
Last update: 9 hours agoOctober Hiring: U.S. employers added 165,000 jobs, well above forecasts, and unemployment dipped to 4.1%. Professional and business services gained 70,000 positions, health care added 42,000 and manufacturing gained 19,000; August and September totals were revised up by 84,000. A Tough Search: The strong headline masks a challenge for displaced workers: average unemployment lasted more than 27 weeks in October, with about 2 million people out of work at least six months. Openings and Layoffs: September job openings rose to 7.52 million while layoffs fell, pointing to a labor market where employers are holding on to staff but hiring can still be slow. Career Opportunities: A Nov. 19 North Texas fair expects 110 employers and more than 3,000 openings across health care, manufacturing, education and other fields. ABB also plans a $50 million Tennessee expansion expected to add 227 jobs. Hiring Compliance: A federal judge let claims proceed in a case alleging Ralphs and its background-check provider failed to give a job applicant required notices after withdrawing an offer.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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