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Jobs

Economic Pulse

Who is being left out of the conversation when we talk about jobs?

by David Brancaccio , Jarrett Dang and Erika Soderstrom
May 4, 2022
We spoke with Alex Camardelle, director of Workforce Policy at the Joint Center for Political and Economic Studies, for an answer.
"When we look at some of the disaggregated dynamics of the labor market, in terms of race, ethnicity, gender, we recognize that not everybody is doing so well," says Dr. Alex Camardelle of the Joint Center for Political and Economic Studies.
Olivier Douliery/AFP via Getty Images
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Another week of historically low unemployment claims confirms the job market's on fire

by Mitchell Hartman
Apr 21, 2022
Two years ago, more than 4 million people filed for benefits in a single week. This year, the number's around 180,000.
The data on recent filings for jobless benefits compares favorably with pre-pandemic levels, but nearly 2 million people were working before the pandemic who aren’t now.
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.
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January's strong jobs report says more people have come off the sidelines to go to work

by Mitchell Hartman
Feb 4, 2022
Many older people returned to work, but the recovery isn't as strong for people of color and women.
The federal jobs report surprised forecasters, showing that people are returning to work and fewer left the workforce than believed.
Stefani Reynolds/Getty Images
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COVID & Unemployment

First-time jobless claims rise — and worse may be yet to come

by Mitchell Hartman
Jan 20, 2022
Analysts say businesses are under pressure and economic confidence has suffered.
The 311,000 number is higher than most predictions, while unemployment rose from 3.4% to 3.6%.
Olivier Douliery/AFP via Getty Images
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Inflation is high, but has it peaked?

by Sabri Ben-Achour
Jan 12, 2022
Inflation is high but decelerating. So when will it decelerate to something normal?
Though there are hints that inflation may be near its peak, economists debate how long factors that influence it — like the labor shortage — could persist.
Spencer Platt/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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As the economy gets more complex, we might need new ways to measure it

by David Brancaccio , Chris Farrell and Rose Conlon
Jan 4, 2022
From jobs to inflation, our economic statistics are ripe for change.
From jobs to inflation, our economic statistics are ripe for change.
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Poor seasonal hiring and omicron could mean few temp workers get permanent jobs

by Mitchell Hartman
Dec 28, 2021
Companies are having difficulty finding workers and at the same time they can't predict what will happen in 2022 as omicron spreads
Seasonal hiring is at its lowest level since 2016.
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