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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How many jobs are being gained or lost due to AI? There are some clues.

Jun 7, 2024
The Bureau of Labor Statistics' monthly survey doesn't track jobs added or subtracted due to AI – at least not yet.
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How did the closely watched jobs report get its start?

Jun 6, 2024
The survey of employers was created to help answer puzzling questions about labor.
It wasn't until the recession of 1913-1914 that the Bureau of Labor Statistics began regular surveys of employers.
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Black unemployment seems to be rising. But other indicators of Black employment are strong.

Apr 8, 2024
It's possible that higher unemployment means more Black workers are coming back into the labor market.
The recent Black unemployment rate uptick is worth watching, said economist Elise Gould. But, she points out that it's still quite low by any historical measure.
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Wage growth outpaced inflation in March

Apr 5, 2024
That's good for workers, who have been experiencing positive real wage growth since May 2023.
“And so workers are coming out ahead. They’ve now experienced positive real wage growth since May of 2023,” says Julia Pollak at ZipRecruiter.
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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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For both employers and applicants, the job market is a tough gig

For applicants, the interviewing can seem endless. For employers, the pool of workers is small and the future may feel uncertain.
Many employers and job seekers feel a bit powerless in the current environment.
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Economists expect tapering job growth for December

Jan 4, 2024
November job openings also trended down but were still above pre-pandemic levels.
Job openings continued to trend down in November, just as they’ve been doing for over a year.
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Temp jobs have been disappearing. That's actually good news for workers and companies.

Jan 2, 2024
Workers prefer the stability of permanent jobs, and permanent workers tend to be more productive.
The temporary employment sector has weakened as demand softened and many temps became permanent.
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Holiday season hiring slows down

Dec 8, 2023
Retail hiring for the holiday shopping period is roughly flat, while transportation and warehousing are down from last year.
Well 80 Brewhouse in Olympia, Washington. Owner Chris Knudson says business is down slightly from last year and it's not as hard to find workers to cover shifts when the restaurant's busy.
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