What unit labor costs can tell us about where inflation is headed

Dec 10, 2024
Unit labor costs are a way to measure productivity relative to workers' compensation.
If compensation is rising way faster than workers’ hourly output, that's a signal more inflation is to come.
Travis Dove/The Washington Post via Getty Images

After a turbulent few months, unemployment filings fall again

Nov 15, 2024
Last week, 217,000 people filed new claims for unemployment insurance. Back in the summer and early fall, that number spiked as high as 260,000.
Jobless claims are back down to levels last seen in the spring, signaling low layoffs and a rebound in job gains to come.
Frederic J. Brown/AFP via Getty Images

Efforts to boost manufacturing and clean energy run up against a shortage of welders

Apr 5, 2024
Welders are needed to build and upgrade roads and bridges, energy infrastructure and chip foundries. But the profession has an image problem.
There’s a perception that welding is a dirty, dangerous and dead-end career. Employers are trying to change that.
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Employers want everyone back in the office — for real this time

Apr 4, 2023
A less robust job market has made corporate leaders' preference easier to implement.
Companies like Meta are pausing the hiring of remote workers. CEO Mark Zuckerberg said the data suggests that engineers who started at the company in person generally perform better than people who trained remotely.
Josh Edelson/AFP via Getty Images

U.S. added 431,000 jobs in March in sign of economic health

Apr 1, 2022
Despite the inflation surge, persistent supply bottlenecks, the damaging effects of COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months.
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U.S. added 678,000 jobs in February in a sign of economic health

Mar 4, 2022
The Labor Department’s report Friday also showed that the unemployment rate dropped from 4% to 3.8%.
The latest jobs data follows recent reports that have shown an economy maintaining strength as new COVID infections have plummeted since late January.
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The economy seems great for some people, dire for others. What's going on?

Jun 24, 2021
There's a disconnect between rising GDP and consumer spending — and the number of people out of work.
GDP is growing but unemployment claims are still high in this two-tiered economy.
Alex Edelman/AFP via Getty Images

For public good, not for profit.

U.S. loses 140,000 jobs, first monthly loss since spring

Jan 8, 2021
The figures suggest employers have rehired roughly all the workers they can afford to after laying off more than 22 million.
The unemployment rate stayed at 6.7%, the first time it hasn’t fallen since April.
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New rule lets companies treat some employees as gig workers

Jan 7, 2021
Usually there are lots of benefits and protections that come with being an employee instead of a gig worker, like being paid the minimum wage.
An Uber Eats delivery worker rides an electric scooter in Manhattan in 2020.
Dia Dipasupil/Getty Images

U.S. trade groups, universities file suit against H-1B visa changes

Oct 20, 2020
Two new Trump administration rules would limit the types of jobs H-1B workers can fill and require U.S. companies to pay them higher salaries. Businesses aren't happy.
Scientists work on a rapid COVID-19 antibody test in a lab in New York in April. New H1-B rules could affect U.S. labs that are short on scientists.
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