Workplace/Jobs

This morning, we’re unpacking retail sales, the cost of employing people, job market expectations, and more.

Many of the key issues are the same as they were during the 2023 talks and strike: the rise of artificial intelligence and how streaming has changed the business.

Additional costs from tariffs and shifting consumer demand are hitting businesses and impacting their willingness to hire.

Black unemployment is at 7.5%, 1.4% higher than one year ago. For Black women, the jobless rate is 1.9% higher. White unemployment, by contrast, has barely budged, up 0.2% since December 2024.

There are now more unemployed people than job openings, which is landing particularly hard on young jobseekers.

Over the last several decades, labor’s share of overall income has been declining. That could have consequences for consumer spending going forward.

The layoff of hundreds of reporters at The Washington Post highlights the challenges in funding high-quality journalism.

We can get glimpses through private data sources.

From finance to consulting, automation is reshaping entry-level roles. Wendy Carlin explains how students and schools might adapt.

Drew Millard wrote in Bloomberg about how the live music industry plans to recruit and train its next generation of roadies.