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Labor market

Workers are picking up extra jobs just to pay for daily necessities

by Kimberly Adams and Anais Amin
Aug 8, 2022
More people in the United States are working two full-time jobs than ever before, says Lauren Kaori Gurley of The Washington Post.
"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
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The job market is slowing but not stalling out

by Mitchell Hartman
Jul 26, 2022
It's unlikely a crash in employment would prompt a recession. In spite of a slowdown in job creation, the job market remains relatively strong.
Employers are posting fewer jobs and offering fewer signing bonuses, according to ZipRecruiter's Julia Pollak.
Angela Weiss/AFP via Getty Images
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Decline in involuntary part-time work shows the labor market is still robust

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

by Lily Jamali
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
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Could the tight labor market finally ease?

by Justin Ho
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.
Justin Sullivan/Getty Images
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Job openings are still near record highs — and still outnumber applicants

by Meghan McCarty Carino
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.
Justin Sullivan/Getty Images
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Will a tight labor market make it easier for formerly incarcerated people to get hired?

by Andy Uhler , Chris Farrell and Erika Soderstrom
May 30, 2022
"Second-chance hiring" is on the rise, but those with criminal records still face significant barriers to employment.
"Second-chance hiring" is on the rise, but those with criminal records still face significant barriers to employment.
Tim Boyle/Getty Images
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Wages are still rising. Because employers are still feeling the pressure to pay more.

by Sabri Ben-Achour
May 26, 2022
Apple is the latest big employer to announce it's hiking hourly pay. The market for in-person work is especially competitive.
An employee serves customers at an Apple store. Apple increased its hourly starting wage to a minimum of $22.
Brandon Bell/Getty Images
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As employers compete for scarce workers, some employees are winning big wage gains

by Mitchell Hartman
May 6, 2022
On average, wages aren't rising as fast as inflation. But not all workers are getting average raises.
New data show that hourly wages are up by 5.6 percent on average as of March, but employees are demanding more from employers in a strong labor market.
Olivier Douliery/AFP via Getty Images
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Economic Pulse

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

by David Brancaccio , Jarrett Dang and Erika Soderstrom
May 4, 2022
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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