Fair 78°
Tag:

Indeed

Business
Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum' Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum'
Private Job Growth Hits Two-Year Low Amid Trump Tariffs: 'Hiring Is Losing Momentum' Private hiring sharply declined to its slowest pace in more than two years as President Donald Trump's sweeping tariffs have shaken the economy throughout 2025. Businesses added just 37,000 jobs in May, according to the ADP National Employment Report released on Wednesday, June 4. That was the lowest level since March 2023, falling below April's downwardly revised figure of 60,000. The disappointing job total missed the Dow Jones forecast of 110,000, CNBC reported. "After a strong start to the year, hiring is losing momentum," ADP chief economist Dr. Nela Richardson said. "Pay growth, howe…

SHARE

by Chris Spiker
Schools
Record Student Loan Borrowers Face Default As Collections Resume, Grads Enter Weak Job Market Record Student Loan Borrowers Face Default As Collections Resume, Grads Enter Weak Job Market
Record Student Loan Borrowers Face Default As Collections Resume, Grads Enter Weak Job Market A record number of federal student loan borrowers are seriously delinquent as debt collections resume after a five-year pause, while new college graduates face tough employment prospects. The Education Department restarted collecting defaulted federal student loan debt on Monday, May 5. Collections were paused at the beginning of the COVID-19 pandemic. The move threatens to seize tax refunds and garnish paychecks from millions of Americans in default on their loans. The Education Department said about 42.7 million people owe more than $1.6 trillion in student loan d…

SHARE

by Chris Spiker
Business
H&M Opening Store At Danbury Fair Mall H&M Opening Store At Danbury Fair Mall
H&M Opening Store At Danbury Fair Mall H&M is returning to Danbury. The trendy clothing retailer will move into Danbury Fair by summer's end or early fall. It will occupy the former Express store space and also space next to it where Ann Taylor was. The new store will extend all the way to Lord & Taylor, said Melissa Eigen, Danbury Fair marketing manager. A sign signals the pending arrival of H&M which is posting job ads for many different positions on Indeed and other employment sites. H&M located on the mall's lower level by Sears closed in 2014 at the mall on Backus Avenue. Eigen said the new store will be l…

SHARE

by Donna Christopher