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Employment

COVID & Unemployment

Unemployed workers aren't settling for any job offer that comes along

by Mitchell Hartman
Oct 6, 2021
Many are demanding higher wages to return to the labor force. ADP reports private-sector employment rose strongly in September.
ADP reported that most new hires in September joined larger companies, which often pay more than small businesses.
Spencer Platt via Getty Images
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My Economy

For this teen, working a summer job is about more than some extra cash

by Minju Park
Aug 2, 2021
Teenagers have been picking up more jobs during this year.
While some teenagers use their summer break to relax from the daily grind of school, many use the free time as an opportunity to pick up a summer job.
Mike Hewitt/Getty Images
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This summer on Cape Cod, longer lines and help wanted signs

by Samantha Fields
Jul 30, 2021
Almost every restaurant and business is understaffed this summer. At the same time, there are more tourists on the Cape than ever.
At Mac’s on the Pier in Wellfleet, waiting in line has always been part of the experience. But according to the owner, waits have peaked from an hour and a half to five hours this summer.
Samantha Fields
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My Economy

Teenagers are flooding the hot summer job market

by Minju Park
Jul 19, 2021
Many employers are turning to younger people to fill labor shortages as business reopen. Two teenagers share their work stories.
The number of 16- to 19-year-olds who work jumped to 31.9% in June from a year earlier, according to the Bureau of Labor Statistics.
Mario Tama/Getty Images
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COVID-19

Why people are quitting their jobs and starting businesses

by David Brancaccio , Chris Farrell and Rose Conlon
Jul 8, 2021
The high quit rate and number of new startups signals optimism in the economy's future.
Many people are quitting their jobs and becoming entrepreneurs, signaling confidence in the economy's future.
Richard Pohle/WPA Pool/Getty Images
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employment

"The balance of power is shifting": Ritholtz on the future of work and wages

by Kai Ryssdal and Andie Corban
Jun 15, 2021
Investor and columnist Barry Ritholtz says workers are gaining leverage in relations with management, which could lift wages.
Investor and columnist Barry Ritholtz argues that the key to the so-called labor shortage is inadequate pay.
Anna Moneymaker/Getty Images
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What's keeping labor force participation down?

by Mitchell Hartman
Jun 4, 2021
It's not just child care and health issues. Many people are looking at their old jobs and saying no thanks.
The job market has changed, as well as workers' situations. For people who used to be bus drivers, for instance, there may not be jobs to go back to.
Karen Ducey/Getty Images
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My Economy

What one teen worker is looking for in a job this summer

by Andie Corban
Jun 4, 2021
Aneesha Edwards in Lexington, Kentucky, is spending her last summer before college working in retail, where customer traffic is steadier than food service.
"I've always been of the mind that you should work food service or retail at some point to understand what people have to go through," says Aneesha Edwards, above.
Courtesy Aneesha Edwards
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I've Always Wondered ...

How does age discrimination affect the economy?

by Janet Nguyen
Jun 3, 2021
Bias against older workers may lead to hundreds of billions of dollars in lost wages and GDP.
The problem of age discrimination, which hurts older workers and reduces GDP, may have worsened during the COVID-19 pandemic.
FG Trade/Getty Images
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COVID-19

How the hospitality industry is trying to lure workers

by Kristin Schwab
May 31, 2021
Many are offering bonuses. Some are pounding the streets for leads. And potential employees suggest being nicer to workers.
A "Help Wanted" sign is posted beside coronavirus safety guidelines at a restaurant in Los Angeles on May 28.
Frederic J. Brown/AFP via Getty Images
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