Julia Pollak News

02.09 / 21:41

UPS Career Unemployment Unemployment Rate The rising unemployment rate was 'the best news' in the August jobs report, economist says. Here's why

The unemployment rate ticked up to 3.7% in August, the Labor Department said Friday. While more people becoming unemployed may sound alarming, especially against the backdrop of lingering worries about a recession, the increase was for «good» reasons, according to labor economists.

03.08 / 23:07

UPS CEO Airlines The confusing job market: Tech and finance brace for the worst, retail is mixed, travel can't hire fast enough

It wasn't long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan Stanley staffed up to handle a record level of IPOs and mortgage lenders added headcount as rock-bottom rates led to a refinancing boom.

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