Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process. The Great Resignation was ...
L ately economists have been vigorously debating the health of America’s labour market. Some argue that the jobs market is ...
A.I. is making certain types of jobs obsolete, from the service sector to entry-level white-collar positions. Analysts say we ...
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The labor market is on a knife edge, and the factors weakening it aren’t going anywhere
ANALYSIS: Weakening labor data—from downward payroll revisions to new job openings falling to just 22,000 for August—has raised concerns the Fed may soon need to prioritize a cut to interest rates to ...
An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...
July's jobs report showed only 73,000 new jobs and a rise in unemployment to 4.2%, with significant downward revisions for May and June. Leading indicators like JOLTS and weekly jobless claims suggest ...
State-level unemployment claims can provide a real-time measure of national labor market conditions and the overall state of the economy. A rapid and widespread buildup of stress in state labor ...
The November labor market report is likely to be very weak, showing significant job losses in both private and government sectors. Soft data and recent hard data indicate widespread layoffs, ...
The U.S. now finds itself navigating a more risk-averse form of job market. With hiring stalled and employment prospects grim, workers are holding onto their positions tighter than ever despite a ...
After three ‘lost decades’ of economic performance, wages in Japan showed signs of positive growth in 2024. To deliver sustained increases to real wages, Japan must improve labour productivity growth.
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