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Jobs

Slowing job trends point to stabilizing labor market

by Sabri Ben-Achour
Jul 2, 2024
Recent "boring" data suggests a return to normal, cooler employment conditions after a "red hot" streak.
Job openings on Indeed. The labor market is in a healthy, more balanced phase, economists say, after a period of widespread worker shortages.
Alex Wong/Getty Images
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AI could automate over half of banking jobs

by Stephanie Hughes
Jun 21, 2024
A new report by Citi looks at the financial tasks that will be delegated to AI — and the new ones that will crop up.
One thing AI won’t be as good at as human bankers? Dealing with human customers.
Fly View Productions/Getty Images
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What 100-year-old immigration policy can teach us about the economy

by Sabri Ben-Achour and Alex Schroeder
Jun 21, 2024
Amid new executive actions on immigration, and 100 years since the National Origins Act, we look at how policy has shaped the economy.
Johannes Eisele/AFP via Getty Images
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Jobs IRL

How Georgia is training workers to make EVs at Hyundai's massive Metaplant

by David Brancaccio and Nic Perez
Jun 12, 2024
The partnership between the state and the company, which includes tax incentives, could result in the production of 300,000 cars a year.
Construction of Hyundai's Metaplant, which is expected to employ 8,500 workers, underway in October 2023.
Courtesy Hyundai
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The clean energy boom is a rural jobs bonanza

by Rae Solomon
Jun 10, 2024
Clean energy is exploding in the U.S., bringing high-paying jobs to the rural areas that often produce it.
Student Benjamin Sussman practices safe climbing on a 20-foot ladder in Sterling, Colorado. When he's a technician, he'll need to climb 300 feet or more to maintain turbines.
Rae Solomon
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The advent of travel and leisure season fuels demand for staff

by Kimberly Adams
Jun 7, 2024
The post-COVID rebound for restaurants and other hospitality businesses has created opportunities for younger and older workers.
With spending and hiring up, the leisure and hospitality industry is bringing on both younger and older workers than it did prior to the pandemic.
Joe Raedle/Getty Images
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How did the closely watched jobs report get its start?

by Mitchell Hartman
Jun 6, 2024
The survey of employers was created to help answer puzzling questions about labor.
It wasn't until the recession of 1913-1914 that the Bureau of Labor Statistics began regular surveys of employers.
Joe Raedle/Getty Images
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How immigrant entrepreneurs help create jobs and boost the economy

by David Brancaccio , Chris Farrell and Alex Schroeder
Apr 15, 2024
Immigrants are much more likely to create a new business, studies show, and the knock-on effect is job creation.
"Immigrant entrepreneurs in the U.S. are associated with a net gain in jobs. Specifically, they're responsible for roughly one in four of all jobs in young firms," said Marketplace senior economics contributor Chris Farrell.
Anna Moneymaker/Getty Images
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More immigration means gains for U.S. economy, CBO says

by David Brancaccio , Chris Farrell and Alex Schroeder
Apr 10, 2024
The agency's estimates that immigrants will add $7 trillion to gross domestic product over the next decade.
Immigrants have filled jobs that employers had struggled to find workers for, according to the Congressional Budget Office.
Robert Nickelsberg/Getty Images
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Why restaurants and bars have been losing jobs lately

by Sabri Ben-Achour
Dec 6, 2023
Part of it? Inflation.
One reason hiring has slowed is consumer pushback to restaurants setting higher prices in the wake of ongoing inflation.
Robert Nickelsberg/Getty Images
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