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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
May 11, 2016
Page
5
U.S. equities rose marking their largest one day gain in two months as China announced steps to bolster its economy. Energy chemicals and machinery shares led while all S&P 500 sectors ended higher. Oil touched a six month high as drillers and refiners rallied.
An AP NORC survey finds 41 percent of workers 50 plus stayed with a single employer two decades or more, with 18 percent at least 30 years. Pension nostalgia and aging cohorts drive tenure, while younger workers show less attachment and more career mobility.
U S employers posted 5.76 million open jobs in March, the highest in eight months, as openings grew 2.7 percent while total hiring slowed to 5.3 million. Manufacturing and services led gains but retail hiring weakened, with quits near 3 million in March.
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