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Stories Tagged as

Job market

More workers are losing "permanent" jobs. Should we be worried?

by Stephanie Hughes
Dec 2, 2024
That statistic has risen to almost a three-year high. But if the labor market continues to add jobs at current rates, losers may become winners.
In October, the number of permanent job losers rose to the highest level since November 2021.
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These "discouraged" workers are left out of the unemployment rate

by Matt Levin
Oct 14, 2024
Some unemployed Americans who want to work are discouraged by the job market, so much so that they've paused looking.
About 445,000 Americans fit the federal definition of discouraged worker last month. But many more out-of-work people still feel discouraged.
Scott Olson/Getty Images
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The soft job market has a silver lining: Productivity is up, and that helps the economy grow

by Justin Ho
Sep 26, 2024
We're making and doing more stuff in fewer hours.
Investment in advanced manufacturing is one reason productivity has increased in the U.S. Above, a fiber-optic manufacturing facility in North Carolina.
Travis Dove for The Washington Post via Getty Images
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What can the Federal Reserve do about rising unemployment?

by Caleigh Wells
Aug 14, 2024
Many expect that the Fed will cut interest rates to stimulate the job market — but not everyone thinks that's a good idea.
If Federal Reserve Chair Jerome Powell, above, announces an interest rate cut in September, it could take awhile for that cut to stimulate the labor market.
Andrew Harnik/Getty Images
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What does a normalizing job market look like?

by Samantha Fields
Jul 30, 2024
Economists say the supply of jobs and workers is coming into better balance than during the labor shortages of the pandemic.
From May to June, little changed in terms of job openings, layoffs and quits. Take a birds-eye view though, and the labor market has slowed in the last year.
Michael M. Santiago/Getty Images
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Governments at all levels are hiring, and that's boosting the job market

by Henry Epp
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.
Stephen Maturen/Getty Images
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Have you been texted a suspiciously good job offer?

by Stephanie Hughes
Jul 11, 2024
One scam that’s been around for a while — but is quickly adapting to new technology — targets job seekers.
Daily earnings ranging from $50 to $10,000? If a suspicious job offer or inquiry sounds too good to be true, it probably is.
Dylan Miettinen/Marketplace
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Continuing claims for jobless benefits reach highest point since 2021

by Meghan McCarty Carino
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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The case for wage insurance to offset future job disruption

by Sabri Ben-Achour , Chris Farrell and Alex Schroeder
Jun 24, 2024
There's already unemployment insurance. But new research makes the case for wage insurance as further protection for workers.
Federico Parra/AFP via Getty Images
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Bad news for the job market could be good news for inflation

by Elizabeth Trovall
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.
Chandan Khanna/AFP via Getty Images
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