labor market

Local government roles were down 57,000, leisure and hospitality positions decreased by 40,000, finance jobs declined 14,000, and the retail sector lost more than 19,000.

The June job market data was pretty meh and July job creation is expected to tick up. So what’s that look like for smaller businesses?

The average 30-year fixed mortgage rate edged up to 6.66% last week, the highest in a year, reversing a decline that had briefly pushed rates below 6% in February

The U.S. labor market looks set to lose more than 200,000 workers at once.

Initial claims for unemployment insurance fell to the lowest level since 1969 — but there are disturbing trends below the surface.

There’s no real evidence yet that AI is eliminating entry-level jobs en masse, but researchers say that doesn’t mean we shouldn’t be preparing for the possibility.

Innovations like sewing machines or word processors didn’t lead to mass unemployment. Instead, they changed jobs and spawned new businesses.

Wages are growing, but not as quickly as they were at this time last year, according to the latest numbers from the Bureau of Labor Statistics. It’s hard to get a raise when people aren’t changing jobs.

In the 1980s, about two in every three U.S. teenagers had paying jobs. Now, it's about one in three.

April and May hiring increases were concentrated in lower-paying industries like leisure and hospitality, while professional sectors like banking and tech weren’t doing as well.