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Gig workers, like those who drive for Uber and deliver for DoorDash, occupy a murky position between employee and independent contractor as defined by labor laws.
It pushes back on the idea that the economy is slowing. But the number of workers who quit, were hired or were laid off didn’t change much.
One of America’s largest automakers announced that it would cut 3,000 jobs to lower costs amid its shift toward EVs.
The unemployment rate is high among young Chinese graduates. What does it take a get a job in such a tough economy?
With the jobs gains, the U.S. economy has restored all the jobs lost since the beginning of the COVID pandemic.
There’s a shortage of workers, thanks to retiring Baby Boomers and declining immigration.
The Bureau of Labor Statistics’ latest JOLTS report indicates that the labor market may be cooling off, just a bit.
Even when adjusted for inflation, 60% percent of workers who changed jobs earned more in their new roles.
Chris Farrell says that while workers may not see massive job losses, technology will alter the mix of jobs and needed worker skills.
It’s unlikely a crash in employment would prompt a recession. In spite of a slowdown in job creation, the job market remains relatively strong.