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2 mins read
Fed policy hasn't cooled the labor market and a 'serious consumer recession' could strike if services jobs tumble, real estate billionaire Barry Sternlicht says
The economy could tumble into a recession if the Fed sparks layoffs in this key sector, Barry Stern…
Jennifer Sor
1 min read
The most disproportionately popular job in every state
Take wellhead pumpers for instance. That may not be an occupation you're familiar with, unless you …
Madison Hoff
2 mins read
Americans are now making an average of nearly $32 an hour — but retail workers saw their wages go down last month
Even with wages rising over the last year, it's still not enough to keep up with skyrocketing infla…
Juliana Kaplan,Madison Hoff
3 mins read
Goldman Sachs sees 3 threats to a strong labor market
The labor market may be returning to pre-pandemic conditions, Goldman Sachs found, though hiring ra…
Noah Sheidlower
2 mins read
Here are the states where the most Americans quit their jobs in February
Nearly 4.4 million Americans walked out of their jobs for good in February. Alaska had the highest …
Ben Winck,Madison Hoff
3 mins read
The December job report missed badly. The same report hints we're in an economic boom.
The government's establishment survey showed a gain of 199,000 payrolls, yet the household survey i…
Ben Winck,Andy Kiersz,Juliana…
3 mins read
Remote work is becoming permanent — for a sliver of the workforce
Businesses are prepping for remote work to stay and slowing their return-to-office plans while 11% …
Ben Winck
5 mins read
OPINION: Companies will be more likely to retain top talent by investing in employees’ professional growth and development
It’s undeniable that the pandemic has had a profound impact on the global workforce, redefining the…
3 mins read
Shoppers are buying more stuff and companies are making more money, but fewer people are working — and it's a sign of where the economy is headed
The drop in retail jobs in November shows how the pandemic dramatically changed the ways Americans …
Jason Lalljee,Dominick Reuter…
2 mins read
Prices for business owners are skyrocketing and it hints that inflation isn't slowing down any time soon
The Producer Price Index — a closely watched measure of business costs — soared 1% in January, doub…
Ben Winck
3 mins read
Businesses aren't actually ditching the office, despite remote work
Only 5.5% of businesses shrank their office space, according to BLS data. But a lot of companies ar…
Alcynna Lloyd,Madison Hoff
3 mins read
1 in 7 US businesses raised wages last year because of the pandemic
According to new BLS data, 34% of accommodation and food services establishments increased base wag…
Juliana Kaplan,Madison Hoff
2 mins read
The December jobs data doesn't include the worst of the Omicron surge — and it makes January's report even more important
Virus cases have surged four-fold since the December jobs survey ended. The January report will be …
Ben Winck
3 mins read
Hiring at restaurants and hotels surged in October as the Delta wave receded
Leisure and hospitality gained 164,000 jobs in October but is still 8.2% below pre-pandemic employm…
Madison Hoff
1 min read
Jobless claims unchanged at 205,000 as unemployment recovery looks stable
Continuing claims fell to 1.86 million for the week ending December 11, missing estimates of 1.84 m…
Nick Lichtenberg
1 min read
Tucker Carlson cited a graph with wrong numbers to try to argue that women outnumber men in the US workforce, which they do not
Tucker Carlson used a graph saying that more than 80% of women were in work to prove his (also wron…
Bill Bostock
2 mins read
Two-thirds of low wage workers still don't have sick days amid ongoing pandemic
Paid sick days have a positive benefit to employers as it reduces employee turnover, researchers sa…
Emily Walsh
1 min read
You don't have to go go college to get a good job. Here are 10 growing careers that train new workers on the job with apprenticeships.
Sheet metal worker Carey Mercer assembles ductwork at Contractors Sheet Metal on Tuesday, August 3,…
Madison Hoff
3 mins read
Leisure and hospitality workers are quitting their jobs at more than twice the record national average
Glassdoor's Daniel Zhao says the US is still seeing "Delta-induced quits" as entertainment and rest…
Madison Hoff
2 mins read
Employment in restaurants, bars, and cafes just fell for the first time since April 2020. The Delta variant of COVID-19 is probably to blame.
Jobs in food services and drinking places fell by 42,000 in August - the first decline since the on…