Labor costs are a big component of the cost of services, and consumer spending on services accounts for nearly half of this economy.
When it comes to the job market for new grads, there are also cyclical and long-term trends at play.
When Joanne Hislop had triplets, her employer allowed her to work part-time. But that wasn’t the end of her story.
Just 30% of respondents did some form of socializing on an average day in 2024 — down 8% from a decade ago.
Manufacturers face increased costs from tariffs and are putting off hiring more workers.
Big jumps in living standards can follow productivity increases from new technology, but broadly shared prosperity is never a sure thing.
Changing demographics and common interests have led unions to take a more prominent role in immigrant workforces and communities.
Tariffs, automation and labor shortages, all inside a facility that builds trusses — the products that literally hold up your roof.
Some of those job cuts are normal for the industry. But they’re also a response to looming tariffs.
In a reversal, women lost more federal jobs than men in April.
