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“About 37% of teens worked last year,” says Abha Bhattarai of The Washington Post. “These teens are really excited,” employers tell her.
Unions are more visible and vocal than they’ve been in decades. If the labor market remains tight, they’ll have negotiating leverage.
The government has virtually no data on this mostly unregulated, $250 billion global industry, says Drew Harwell of The Washington Post.
The employment cost index, a favorite Federal Reserve data point, captures the cost of employing people, including benefits.
Economists at the Dallas Fed reported some evidence of “labor hoarding” in the latest Beige Book.
They do it for the money. But overemployment also symbolizes a change in Americans’ attitudes toward work.
They may find it attractive to earn money while others are playing.
As actors continue to picket for a better contract, some Hollywood workers are forced to make tough decisions.
Annie Lang Hartman, owner of Wild Lettie, is planning ahead. And one of her biggest concerns is payroll.
The labor market is still pretty tight, even after the last year and a half of rate hikes loosened things a bit.