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Jobs market

August JOLTS signals cooler jobs market. That's not bad news

by Caleigh Wells
Oct 1, 2024
The market is coming down from a hiring boom that wasn’t exactly sustainable.
Fewer people are leaving their jobs, according to latest JOLTS data.
Justin Sullivan/Getty Images
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These U.S. counties had the best and worst employment growth

by Elizabeth Trovall
Aug 21, 2024
Experts say strawberries and RVs were behind some of the most dramatic shifts in the labor market on a county basis.
Elkhart County, Indiana, had the largest decline in local employment, likely tied to its RV manufacturing. “Demand for RVs went crazy coming out of the pandemic, and it's kind of come back down to earth,” says Thomas Walstrum of the Chicago Fed.
Scott Olson/Getty Images
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Immigrant workforce reaches near record level

by Nancy Marshall-Genzer
Jul 6, 2023
Foreign-born workers are continuing to play a crucial role in a tight job market.
Tisheeka Wallace is assistant manager of Pacci's Trattoria, where immigrants make up one-fifth of the workforce.
Nancy Marshall Genzer/Marketplace
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Where's the sweet spot for wage growth?

by Sabri Ben-Achour
Mar 1, 2023
Economists say 3.5% wage growth is about right when you take inflation and productivity growth into account — but we're not there yet.
Right now, wage growth is at 4.4% year over year. But economists say 3.5% is the ideal figure.
Kena Betancur/Getty Images
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Wage growth slowed in December, pleasing inflation hawks

by Mitchell Hartman
Jan 6, 2023
Earnings have been rising quickly, but the cooler data may restrain the Federal Reserve's rate-hike campaign.
While workers have seen significant pay gains in the past year, real wages are down as a result of inflation.
Scott Olson/Getty Images
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Labor Department figures show robust jobs market

by Justin Ho
Oct 16, 2018
The Labor Department reported this morning record high job openings for the month of August, the highest since the Job Opening and Labor Turnover Survey was created almost 20 years ago. A large number of open jobs has ramifications for many different sectors of the economy. We looked at one sector with a lot of “now […]
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Labor Department figures show robust jobs market

by Justin Ho
Oct 16, 2018
The Labor Department reported this morning record high job openings for the month of August, the highest since the Job Opening and Labor Turnover Survey was created almost 20 years ago. A large number of open jobs has ramifications for many different sectors of the economy. We looked at one sector with a lot of “now […]
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Final Note

Happy reminder, courtesy of the Labor Department

by Kai Ryssdal
Jan 13, 2015
There are more jobs open today than there have been in 14 years.
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How tough is it to sell steel?

by Kai Ryssdal
Jul 14, 2014
Delaware Steel President Lisa Goldenberg says she's hopeful for a better year.
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Getting back to work after long-term unemployment

by Mitchell Hartman
Sep 5, 2013
A record number of Americans are long-term unemployed--six months or more. A lackluster job market is putting them back to work--slowly.
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