Job openings tumble to lowest level in more than 5 years

Job openings tumble to lowest level in more than 5 years

Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019. Tom Brenner | Reuters Job openings through the first full month of the coronavirus pandemic reached their lowest level in more than five years, according to Labor Department figures released Tuesday. As companies shed record-breaking numbers of […]

The savings rate hit its highest level since 1981

The savings rate hit its highest level since 1981

The United States government’s Bureau of Economic Analysis reported Thursday morning that the savings rate surged to 13.1% in March — up from 8% in February. That’s the highest savings rate since November 1981. Americans had $2.17 trillion in savings...