The state-funded Legislative Analyst’s Office found California had “no job creation” in the fourth quarter of 2024, citing ...

Earlier this week, economists with Goldman Sachs and Wells Fargo predicted that upcoming benchmark revisions scheduled to be published on August 21 by the Bureau of Labor Statistics would show a ...

In the bond market, Treasury yields made significant gains. The yield on the 10-year Treasury rose to 4.51% from 4.39% late Thursday. The two-year Treasury yield, which more closely tracks traders’ ...

Mercor, led by three 21-year-old Thiel Fellows, has raised $32 million in a Series A led by Benchmark at a $250 million valuation, twenty months its after founding.

Goldman Sachs believes this could lead to an erroneous downward revision of 300,000-500,000 jobs, as unauthorized immigrants have significantly contributed to employment growth.

Most Asia-Pacific markets are set to climb on Friday, trailing gains on Wall Street after a better-than-expected jobs report ...

The Department of Administration, in its press release, declares “72% of employees in benchmark jobs are paid At or Above Market rates compared to the market median (50th percentile)” and ...

Compared to that benchmark, more than 40% of the surveyed jobs are underpaid. Drygas says the state’s decision to look at the median salary obscures how much the state underpays its employees.

Goldman Sachs (NYSE: GS) analysts cautioned that the upcoming benchmark revision to U.S. nonfarm payrolls is likely to overstate the weakness in the labor market. The Bureau of Labor Statistics (BLS) ...