Job market

The headline unemployment rate we report every month from the Labor Department has been consistently low. According to economists we’re at or near what’s considered full employment.Employers have a record number of job openings, about 6 million right now, and say they can’t find workers to fill them, especially in fields like manufacturing and construction. […]

You may have heard today that the August headline jobs number “was below expectations,” or about 24,000 fewer jobs were created than the consensus among leading economists predicted. But how significant is that figure? The first release of the monthly job-creation number is an estimate accurate to plus or minus 119,000, according to the Bureau […]

Last month President Trump announced a deal with Taiwanese electronics manufacturer Foxconn to bring as many as 13,000 jobs to southeastern Wisconsin in exchange for $3 billion in tax breaks. Now legislative analysts are projecting the state won’t break even on that investment for more than 25 years. These sorts of mega-incentives to lure employers […]

The Federal Reserve Bank of New York has a study out today highlighting problems startups have getting financing. And the reason this matters? The report says startups account for “nearly all net new job creation” in the U.S. economy. For these companies to continue growing, they need to be able to access financing — and some are […]