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.

There are still almost two jobs open for every person looking for work, the Bureau of Labor Statistics reported this week.

Payroll data company ADP says it will pause its monthly labor market report while it updates its metrics for the COVID era.

About 3.5 million more people were working or looking for work in May than a year earlier. Economists hope the number keeps rising.

The pandemic accelerated automation purchases, according to an industry group, especially in agriculture, construction and fast food.