Tag: unemployment
October jobs report stronger than expected, employers added 261,000 jobs
The US Labor Department reported job growth in October was better than expected on Friday, despite efforts by the Federal Reserve to slow the...
US adds 315,000 jobs in August, unemployment creeps up to 3.7%
The Bureau of Labor Statistics released a new report on Friday, which showed that despite a still struggling unemployment rate, the country saw some good news regarding...
Unemployment insurance applications fall for second week in a row
There’s finally some good news from the U.S. labor market as applications for unemployment insurance fell for the second week in a row.
According to...
A mixed bag in the latest Cox Automotive Weekly Summary
Cox Automotive released its weekly summary Monday, which included updates on sales and prices across the auto market, the Fed’s potential plans, home sales...
DealerSocket lays off large portion of employees as part of restructuring...
Dozens of DealerSocket employees were let go from their jobs in July effective immediately, just two months after the Software as a Service (SaaS)...
Business development expert Sarah Vantine on the cost of ineffective employee...
Fixed ops are the focus for many dealers right now as profit continues to increase, but is training being left behind? On today’s show,...
Cox survey finds that most car dealers are struggling to staff...
The average car dealer is having a tough time finding people for open positions, according to the 2021 Cox Automotive Dealership Staffing Study. Of...
Auto Market Summary points to slight market correction
Cox Automotive released its latest auto market weekly summary Monday and while some trends continued, others slightly veered off course. Jobless claims were up,...
Auto sales forge ahead in May despite inventory shortages
April was one of the best months in automotive retail historically, and May was expected to be similar. However, the seasonally adjusted annual rate...
Conflicting views on US auto recovery as unemployment up, sales up
The Associated Press posted Thursday that the number of unemployment benefit applicants rose by 898,000 last week. That’s the highest number reported in the...
