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Is a wider job market cool-off starting to take hold?
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Current stream: Carbon Sound - change to marketplace when marketplace.stream.publicradio.org is available
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Apr 5, 2023
Is a wider job market cool-off starting to take hold? There are signs that the job market cooldown, which has been slow to materialize, is starting to accelerate. Fresh data from the Labor Department released yesterday saw a marked decrease in job openings — while that may spell good news for the Fed’s fight against inflation, openings are still way above pre-pandemic levels. And, we speak with the University of Rochester’s Ranga Dias, who tells us about a potentially revolutionary breakthrough that researchers made looking into room-temperature superconductors.
Olivier Douliery/AFP via Getty Images
Segments From This Episode Dean Mitchell/Getty Images Job openings fell by more than 1.3 million in January and February, according to fresh data, but are above pre-pandemic levels.
by David Brancaccio, Alex Schroeder and Ariana Rosas
Jens Schlueter/AFP via Getty Images Researchers at the University of Rochester created a material that could make superconducting possible at room temperature.
Is a wider job market cool-off starting to take hold?