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Slowdown in employment is broad-based

by Mitchell Hartman Jun 7, 2019
But it's too soon to say the 10-year economic expansion has run its course.
Economists say some of the pullback in employment last month may be due to uncertainty about U.S. trade policy. Above, workers process cattle near the U.S.-Mexico border in Santa Teresa, New Mexico.
Joe Raedle/Getty Images

Data show a job market that's slowing, or at least pausing

by Mitchell Hartman Dec 7, 2018
Two numbers in the Labor Department’s jobs report Friday seem to indicate the job market might be slowing down a bit, or at least hitting the pause button. First, what it calls the U-6 unemployment rate: It measures total unemployment, including…

For some workers, big pay raises. Others, not so much.

by Mitchell Hartman Aug 3, 2018
Bank tellers, truck drivers and bartenders are among those in high demand.
Commuters make their way through Grand Central Terminal during evening rush hour in New York City.
Andrew Burton/Getty Images

With unemployment so low, where are the workers coming from?

by Justin Ho Aug 3, 2018
The U.S. economy created 157,000 jobs in July. The unemployment rate dipped to 3.9 percent. The last time was saw unemployment that low? The year 2000. What does all of this mean for wages? And for businesses looking to hire…
Commuters arrive from Metro North Railroad trains in Grand Central Station in New York October 19, 2016.
TIMOTHY A. CLARY/AFP/Getty Images

Is the job market as good as it was at the end of the Clinton administration?

by Mitchell Hartman Jul 20, 2018
Unemployment is as low as it was at the end of the Clinton era, but other measures of job market recovery are still lagging.
Scott Barbour/Getty Images

Tight labor market vexes retailers looking to hire for holidays

by Marielle Segarra Jul 20, 2018
The number of people filing for unemployment benefits has fallen to its lowest point since 1969, according to data released by the Labor Department Thursday. These numbers are another sign of a tight labor market. And they’ve got retailers thinking…

With low unemployment, employers strapped for workers may find it hard to add jobs

by Mitchell Hartman Jan 5, 2018
The latest unemployment number for December comes out today (Friday, Jan. 5th). With the ranks of the unemployed declining in 2017, it’s getting harder for employers to add jobs and find qualified candidates to fill them. So some employers are…

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Weekly Wrap

What will the GOP tax bill do for the economy?

by Kai Ryssdal Nov 3, 2017
And what will Jerome Powell do for the Fed?
President Donald Trump speaks to the House Ways and Means Committee about tax reform legislation yesterday at the White House, flanked by Speaker of the House Paul Ryan, left, and committee Chairman Kevin Brady.
Drew Angerer/Getty Images

Workers are seeing wage gains, even in some of the lowest-paid jobs

by Mitchell Hartman Jul 20, 2017
We haven’t seen much in wage gains out of recent jobs reports from the Labor Department. The most recent one, for June, showed average hourly wages, as reported by employers, up just 2.5 percent over the past year, not much…

Labor figures will put President Trump’s job creation goals to the test

by Mitchell Hartman May 5, 2017
We’ll get the Labor Department’s jobs report for April today. The report for March was dismal — just 98,000 jobs added — though economists think that was a winter-weather-induced aberration. But even if job creation rises this spring and summer,…