Payroll growth slows in November as labor market tightens

Private payrolls grew by 179,000 in November, below Wall Street estimates of 195,000, according to ADP and Moody’s Analytics. The service sector added 163,000, led by professional and business services. Medium-size businesses were the biggest job creators. “This month’s report is free of significant weather effects and suggests slowing underlying job creation,” says Mark Zandi,…

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Here's where the jobs are — in one chart

Health care and education saw the greatest net change in jobs growth over the month of October as a swell in hiring at hospitals and nursing and residential facilities ushered nonfarm payrolls higher. Construction and manufacturing sectors added to their big job gains for the year. CNBC studied the net changes by industry for October…

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Coinbase Fires 15 Remotely Located Employees

The leading cryptocurrency company is reported to have laid off remotely placed customer support staff. Staff Cuts at Coinbase Coinbase, the largest cryptocurrency exchange in the United States, is reported to have fired at least 15 employees from its customer support, compliance, and fraud departments. The news was reported by Yahoo Finance last Friday. According…

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Fivebucks.com: Meet the Freelancer's Marketplace Powered by Bitcoin Cash

Three days ago a new freelancer’s marketplace was launched called Fivebucks.com, a platform that allows people to purchase and sell services for only $5. The new website has seen an influx of listings since it launched and all the payments, both inbound and outbound, utilize the peer-to-peer cryptocurrency bitcoin cash. Also read: Report: 15,000 Twitter…

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Blame Toys R Us closure for jobs report miss

The economy added 157,000 jobs, shy of the 190,000 expected by economists, and one retailer may have been responsible for much of the miss. The category for toy and hobby stores fell by 32,000 workers, and economists say the closing of Toy ‘R Us toy store chain could have been behind the miss. Overall, retail…

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US-China trade agreements are ‘face-saving’ and ‘lose-lose,’ says Moody’s chief economist

Triumphant tones coming from the White House over the weekend are ‘face-saving’, Moody’s chief economist said Monday. Trade experts have argued that Chinese demand for U.S. products will not sufficiently increase to the point where it would significantly up its purchases of American goods. U.S. Treasury Secretary Steven Mnuchin announced Sunday that a looming trade…

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Indian Developers Need Retraining to Qualify for Blockchain Jobs

A lot of coders and developers have shifted their attention from traditional projects to cryptocurrency and blockchain technology. There is an abundance of job opportunities out there right now for freelance coders. In India, it seems close to 5,000 software developers could work in these industries. It’s positive news, but the demand for qualified coders will only…

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RBS Axes Further 792 Jobs, Closes 162 Branches Amid Digital Transformation

Royal Bank of Scotland, which is still 70%-owned by British taxpayers, has ‎accelerated its job-cutting scheme, axing a further 792 jobs and closing 162 ‎branches as customers increasingly turned to online banking.‎ The posts that are being axed are part of a job reductions plan that was first ‎announced by the bailed-out bank last year….

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Amazon to add 2,000 jobs in Boston

Boston is one of the tech giant’s largest footholds and is a finalist to win the company’s second headquarters. Amazon said Tuesday it’s invested more than $400 million in Massachusetts since 2011. The Boston jobs news follows a similar announcement on Monday in which Canadian Prime Minister Justin Trudeau said Amazon would be adding 3,000…

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Big miss in March as economy adds just 103,000 jobs

Nonfarm payrolls rose by 103,000 in March, well below economist expectations of 193,000, according to the Bureau of Labor Statistics. However, markets reacted little to the news as February’s number was revised higher and the longer-term trend of strong growth looked intact. Inflation also was of little worry as average hourly earnings rose at a…

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'Rip-roaring' job market adds another 241,000 in March: ADP/Moody's

Private companies added 241,000 positions in March as employment in construction and manufacturing surged, according to ADP and Moody’s Analytics. The report was well ahead of Wall Street estimates for 205,000 growth and marked the fifth straight month that private payroll growth topped 200,000. Service providers added 176,000 new jobs while goods-producing industries contributed 65,000….

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The Father of the JOBS Act Is Helping Build a Next-Generation ICO

David Weild IV is calling for a Jobs Act 2.0 with blockchain at its core. While that might not seem surprising coming from any other investor – since the act (formally called Jumpstart Our Business Startups) has yet to generate the growth in initial public offerings (IPOs) it was supposed to – this stance from this particular…

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