Governments at all levels are hiring, and that's boosting the job market

Jul 17, 2024
The public sector is still recovering from pandemic turbulence. Due to upcoming retirements, it may stay active in the labor market for years.
Earlier in the pandemic, governments lost many workers to burnout and private-sector wage offers.
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June's jobs report indicates something we haven't seen in a while: normalcy

Jul 5, 2024
Conditions in the labor market increasingly look like they did before the pandemic.
Recent data shows a stable job market. To many, that's a relief after years of topsy-turvy pandemic-driven layoffs and labor shortages.
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Continuing claims for jobless benefits reach highest point since 2021

Jun 27, 2024
The uptick seems to reinforce a number of recent signals showing moderation in the labor market.
Rising continuing unemployment claims mesh with other recent data. Job openings have been declining, for instance, and so have quits.
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Bad news for the job market could be good news for inflation

Jun 13, 2024
Initial jobless claims hit a 10-month high last week. If that takes pressure off prices, the Federal Reserve might reduce interest rates.
Higher unemployment can contribute to the cooling of inflation, but it comes at the expense of people's livelihoods.
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Steady hiring and quitting rates may be a sign that workers are staying put

Jun 4, 2024
The data suggest the job market could be returning to more normal times after an exceptional period of hiring new employees.
The April JOLTS report is a sign the economy is coming back to a very good job market. It's just not the once-in-a-lifetime market of 2021 and 2022, says economics professor Ethan Struby of Carleton College.
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America's CEOs are feeling good, KPMG survey finds

And 72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year.
72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year, according to a new KPMG survey.
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Tech is supercharging pre-employment personality tests

Apr 8, 2024
Psychometrics assessments boosted by AI aim to quantify seemingly intangible qualities like personality and emotional intelligence.
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For public good, not for profit.

Small businesses have Now Hiring signs up — whether they need workers or not

Apr 2, 2024
So government stats on job openings may not be telling us much.
Frankesha Watkins, who owns a beauty supply store, said she always keeps a job listing posted because high turnover among her staff creates frequent openings.
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Small businesses find some relief after struggling to hire

Mar 21, 2024
They’re less concerned about recruitment challenges, according to an NFIB survey and several indicators.
Job cuts at some big firms have been good for small businesses, which can market themselves to prospective employees as more stable companies.
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Restaurant hiring affected by warmer weather, lingering pandemic habits

Mar 8, 2024
The number of people employed at restaurants and bars went up 0.3% in February from the month before.
A slowdown in construction work has meant an influx of job applicants for back-of-house positions, says restaurant owner Joshua Pollack.
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