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My Economy

A veteran navigates life amid job loss and high inflation

by Sarah Leeson
Sep 13, 2022
After being laid off, marketing professional Collin Cook has been pitching himself as a "Swiss Army knife." He's had mixed results.
"You literally go through the five stages of grief" after being laid off, said Collin Cook, who's had trouble finding the right job as a generalist in the marketing field.
David McNew/Getty Images
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This Arizona esthetician is glad she joined the "great resignation"

by Richard Cunningham
Sep 7, 2022
We check in with Shauna Kruse, who moved her family across country and went back to school to become an esthetician.
“It just seemed very natural, actually, to go into something where I was, you know, literally face to face with helping people feel their very best,” says Shauna Kruse, who went back to school to become an esthetician.
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Private payrolls grow less than expected

by Sabri Ben-Achour
Aug 31, 2022
Private employers added just 132,000 jobs in August, according to ADP — possibly a sign of a job market that's leveling off.
Job changers enjoyed a significantly higher pay increase than job stayers, according to ADP, meaning it pays to switch in this economy. Above, job seekers meet with recruiters during a career fair.
Justin Sullivan/Getty Images
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Economic Pulse

How do gig workers fit into the rest of today's labor force?

by David Brancaccio and Jarrett Dang
Aug 31, 2022
Gig workers, like those who drive for Uber and deliver for DoorDash, occupy a murky position between employee and independent contractor as defined by labor laws.
Gig workers in the U.S. are subject to a patchwork of regulations that differ from state to state and city to city, says Terri Gerstein.
Tomohiro Ohsumi/Getty Images
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Job openings rise unexpectedly. Is that a big deal?

by Meghan McCarty Carino
Aug 30, 2022
It pushes back on the idea that the economy is slowing. But the number of workers who quit, were hired or were laid off didn’t change much.
According to the July JOLTS report, open positions increased to 11.2 million.
Spencer Platt/Getty Images
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Ford announces layoffs amid transition to electric vehicles

by Lily Jamali
Aug 23, 2022
One of America's largest automakers announced that it would cut 3,000 jobs to lower costs amid its shift toward EVs.
Ford announced 3,000 job cuts Monday as the automaker shifts focus to connected and electric vehicles.
Bill Pugliano/Getty Images
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Job hunting in China's slowing economy

by Jennifer Pak
Aug 15, 2022
The unemployment rate is high among young Chinese graduates. What does it take a get a job in such a tough economy?
A busy Shanghai job fair in 2018. Since then, unemployment among 16- to 24-year-olds has steadily climbed, reaching 19.9% last month.
Charles Zhang/Marketplace
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U.S. employers add 528,000 jobs in July; unemployment rate falls to 3.5%

by Associated Press
Aug 5, 2022
With the jobs gains, the U.S. economy has restored all the jobs lost since the beginning of the COVID pandemic.
Olivier Douliery/AFP via Getty Images
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Expect the job market to stay tight -- even if the economy heads into a recession

by Mitchell Hartman
Aug 5, 2022
There's a shortage of workers, thanks to retiring Baby Boomers and declining immigration.
A number of economic factors, including lower-than-normal labor force participation, declining immigration, and retirements among Baby Boomer-aged workers means that labor shortages may persist well into the future.
Photo by Brad Lee/AFP via Getty Images
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Is the red-hot job market getting a little more pink?

by Stephanie Hughes
Aug 4, 2022
The Bureau of Labor Statistics' latest JOLTS report indicates that the labor market may be cooling off, just a bit.
The Bureau of Labor Statistics' latest JOLTS report indicates that the labor market may be cooling off, just a bit.
Frederic J. Brown/AFP via Getty Images
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