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Job market

Job openings are still near record highs — and still outnumber applicants

by Meghan McCarty Carino
Jun 1, 2022
There are almost two job openings for every unemployed person.
There are almost two openings for every unemployed person. That's good for workers but may be stoking inflation.
Justin Sullivan/Getty Images
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Many Americans are still concerned about getting COVID-19

by Mitchell Hartman
Apr 7, 2022
But that's not stopping many consumers from getting out to restaurants or shopping malls.
Polling data shows that while Americans have become a lot more comfortable going out in public, COVID-19 worries still have an effect on the economy.
Photo by Spencer Platt/Getty Images
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The job market continues to roar back. How long can the recovery keep going?

by Mitchell Hartman
Apr 1, 2022
At the current rate of job creation, the economy will return to pre-pandemic employment levels this year.
Payrolls increased by 431,000 jobs in March, and the unemployment rate is almost as low as its pre-pandemic level.
Spencer Platt/Getty Images
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Professional and business services hiring is well above pre-pandemic levels

by Justin Ho
Apr 1, 2022
One factor that may have contributed to this growth? Jobs in accounting, IT, consulting and similar roles can still be done remotely.
Getty Images
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Surveys of employers, households paint 2 pictures of the job market

by Mitchell Hartman
Jan 7, 2022
Despite a disappointing jobs report, the news is still pretty good.
Fewer jobs than expected were added to December payrolls. That can be partly explained by the difficulty in hiring workers these days.
Joe Raedle via Getty Images
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Employers struggle to hire and retain workers almost two years into the pandemic

by Andy Uhler
Jan 6, 2022
"It's the most desperate situation that I can ever recall being in and I’ve been in some pretty desperate ones," said one restauranteur.
Worker turnover is high in low-wage sectors, like the food industry, as employees seek better opportunities.
Joe Raedle via Getty Images
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When it comes to the booming job market, not all states are created equal

by Samantha Fields
Jan 5, 2022
States that weren't hit as hard by the pandemic slowdown have already mostly recovered.
States that rely on tourism, like Hawaii, were among the hardest hit economically by COVID-19 but have had strong rebounds. Above, beachgoers in Honolulu.
Eugene Tanner/AFP via Getty Images
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COVID & Unemployment

Job market looks strong as 2021 ends. 2022 looks uncertain.

by Marielle Segarra
Dec 30, 2021
Weekly unemployment claims are still hovering at the lowest level we've seen since 1969.
Though first-time unemployment claims are at their lowest point in about 50 years, omicron could disrupt the job market.
Patrick T. Fallon via Getty Images
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COVID-19

As COVID surges again, consumers and workers are worn out but resilient

by Mitchell Hartman
Dec 29, 2021
Pandemic-related negativity and fear isn't leading to negative or fearful economic behavior.
American workers are feeling burned out as they enter year three of COVID-19. They also have newfound leverage.
PeopleImages via Getty Images
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What worker productivity numbers can reveal

by Nancy Marshall-Genzer
Dec 9, 2021
Productivity drops can confirm other trends like rising wages and shortages of materials.
Labor productivity is a measure of worker output and can be used by the IRS to forecast tax collections.
xavierarnau via Getty Images
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