A tight labor market means the class of 2022 has options

“Companies are recruiting at a level that we've never seen before,” said Colby College President David Greene.
“Companies are recruiting at a level that we've never seen before,” said Colby College president David Greene
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Could the tight labor market finally ease?

Jun 2, 2022
A slowing economy could help bring worker supply and demand back into balance.
Those who are sitting out of the job market may be forced back in when they feel the pinch of inflation.
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Job openings are still near record highs — and still outnumber applicants

Jun 1, 2022
There are almost two job openings for every unemployed person.
There are almost two openings for every unemployed person. That's good for workers but may be stoking inflation.
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Many Americans are still concerned about getting COVID-19

Apr 7, 2022
But that's not stopping many consumers from getting out to restaurants or shopping malls.
Polling data shows that while Americans have become a lot more comfortable going out in public, COVID-19 worries still have an effect on the economy.
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The job market continues to roar back. How long can the recovery keep going?

Apr 1, 2022
At the current rate of job creation, the economy will return to pre-pandemic employment levels this year.
Payrolls increased by 431,000 jobs in March, and the unemployment rate is almost as low as its pre-pandemic level.
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Professional and business services hiring is well above pre-pandemic levels

Apr 1, 2022
One factor that may have contributed to this growth? Jobs in accounting, IT, consulting and similar roles can still be done remotely.
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Surveys of employers, households paint 2 pictures of the job market

Jan 7, 2022
Despite a disappointing jobs report, the news is still pretty good.
Fewer jobs than expected were added to December payrolls. That can be partly explained by the difficulty in hiring workers these days.
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For public good, not for profit.

Employers struggle to hire and retain workers almost two years into the pandemic

Jan 6, 2022
"It's the most desperate situation that I can ever recall being in and I’ve been in some pretty desperate ones," said one restauranteur.
Worker turnover is high in low-wage sectors, like the food industry, as employees seek better opportunities.
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When it comes to the booming job market, not all states are created equal

Jan 5, 2022
States that weren't hit as hard by the pandemic slowdown have already mostly recovered.
States that rely on tourism, like Hawaii, were among the hardest hit economically by COVID-19 but have had strong rebounds. Above, beachgoers in Honolulu.
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Job market looks strong as 2021 ends. 2022 looks uncertain.

Dec 30, 2021
Weekly unemployment claims are still hovering at the lowest level we've seen since 1969.
Though first-time unemployment claims are at their lowest point in about 50 years, omicron could disrupt the job market.
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