Employment's back to pre-pandemic levels with more than 500,000 new jobs added in July

Aug 5, 2022
There were even job gains in construction and finance, which were expected to slow down. Wages grew again too.
Employers added double the number of jobs economists were expecting in July, with big hiring increases in leisure and hospitality, health care and retail.
Justin Sullivan/Getty Images

Decline in involuntary part-time work shows the labor market is still robust

Jul 8, 2022
At the start of the pandemic, the number of part timers who would rather work full time spiked. Now, it’s lower than any time since 2001.
Employers can gain an advantage in the competition for talent by offering full-time positions, experts say.
Joe Raedle/Getty Images

Manufacturing employment returns to pre-pandemic level

Jul 8, 2022
Demand for manufactured goods has grown during the pandemic, but new orders have been falling in recent months.
Data on worker productivity in the second quarter is due to come out Tuesday, which could show continued declines as a result of the pandemic.
George Frey/Getty Images

The labor market is strong enough to take more rate increases, Federal Reserve official says

Jul 7, 2022
The economy is not where it needs to be on inflation, says Mary Daly, head of the Federal Reserve Bank of San Francisco.
Mary Daly, president and CEO of the San Francisco Fed, says that as we raise interest rates, she expects job vacancies to decrease.
Courtesy Federal Reserve Bank of San Francisco

Millions have joined the labor force in the past year

Jun 3, 2022
About 3.5 million more people were working or looking for work in May than a year earlier. Economists hope the number keeps rising.
"Most people who have the ability to work from home are probably making a little bit more money, whereas the people who were risking their lives and people who are bus drivers or people who are health care workers are really feeling the pinch right now," says Lauren Kaori Gurley of The Washington Post.
Olivier Douliery/AFP via Getty Images

Wages are still growing in many sectors that need that growth

Jun 3, 2022
That may be a sign that the overheated job market is cooling down.
Wages went up in leisure and hospitality — just in time for summer.
Mark Makela/Getty Images

Who is being left out of the conversation when we talk about jobs?

We spoke with Alex Camardelle, director of Workforce Policy at the Joint Center for Political and Economic Studies, for an answer.
"When we look at some of the disaggregated dynamics of the labor market, in terms of race, ethnicity, gender, we recognize that not everybody is doing so well," says Dr. Alex Camardelle of the Joint Center for Political and Economic Studies.
Olivier Douliery/AFP via Getty Images

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U.S. added 678,000 jobs in February in a sign of economic health

Mar 4, 2022
The Labor Department’s report Friday also showed that the unemployment rate dropped from 4% to 3.8%.
The latest jobs data follows recent reports that have shown an economy maintaining strength as new COVID infections have plummeted since late January.
Tim Boyle via Getty Images

Job market may break out post-omicron

Mar 3, 2022
The February national employment report, due Friday, is expected to show strong job growth and wage gains.
February's national jobs report is expected to look good, but read it with a grain of salt. Other recent employment reports have been revised upward after their initial releases.
Spencer Platt/Getty Images

January's strong jobs report says more people have come off the sidelines to go to work

Feb 4, 2022
Many older people returned to work, but the recovery isn't as strong for people of color and women.
The federal jobs report surprised forecasters, showing that people are returning to work and fewer left the workforce than believed.
Stefani Reynolds/Getty Images