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Job market

COVID & Unemployment

Job market looks strong as 2021 ends. 2022 looks uncertain.

by Marielle Segarra
Dec 30, 2021
Weekly unemployment claims are still hovering at the lowest level we've seen since 1969.
Though first-time unemployment claims are at their lowest point in about 50 years, omicron could disrupt the job market.
Patrick T. Fallon via Getty Images
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COVID-19

As COVID surges again, consumers and workers are worn out but resilient

by Mitchell Hartman
Dec 29, 2021
Pandemic-related negativity and fear isn't leading to negative or fearful economic behavior.
American workers are feeling burned out as they enter year three of COVID-19. They also have newfound leverage.
PeopleImages via Getty Images
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What worker productivity numbers can reveal

by Nancy Marshall-Genzer
Dec 9, 2021
Productivity drops can confirm other trends like rising wages and shortages of materials.
Labor productivity is a measure of worker output and can be used by the IRS to forecast tax collections.
xavierarnau via Getty Images
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Despite a meh jobs report, high-frequency data paints a bright picture

by Mitchell Hartman
Dec 6, 2021
With signing bonuses, rising wages and less fear of being laid off — what's not to like?
Each month since June, employers have posted more than 10 million job listings, according to the Bureau of Labor Statistics.
Spencer Platt via Getty Images
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The job market's turbulent – and likely to remain that way

by Mitchell Hartman
Nov 5, 2021
Between COVID, shifting policy, and "The Big Quit", it's hard to get a handle on how the employment picture's changing.
In August, job growth fell by two-thirds to just about 360,000, and September was not even at 200,000. The nature of the job market has been difficult to forecast.
ANDREW CABALLERO-REYNOLDS/AFP via Getty Images
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COVID & Unemployment

While still a long way from pre-pandemic days, the job market's making progress

by Mitchell Hartman
Oct 14, 2021
The number of new jobless claims filed last week was the lowest since March of 2020.
A "Now Hiring" sign is posted in the window of a San Francisco FedEx store on Sep. 16. Last week was the first week with fewer than 300,000 initial unemployment claims since March 14, 2020.
Justin Sullivan via Getty Images
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United States of Work

“I’ve never seen so many Help Wanted signs”

by Kai Ryssdal and Maria Hollenhorst
May 4, 2021
A view of the strong labor market in a rural Ohio town.
Dr. Scott Anzalone, a physician in Logan, Ohio, says tourists seeking rentals have injected cash into the local economy.
Photo courtesy of Scott Anzalone
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Real-time proof the job market is recovering

by Mitchell Hartman
Apr 30, 2021
But it could take more than a year to get back to pre-pandemic levels.
Job postings are strongest in sectors like driving, construction and warehousing.
Johannes Eisele/AFP via Getty Images
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Weekly jobless claims are up, but other signs point to a recovering job market

by Mitchell Hartman
Apr 1, 2021
The larger trend in jobless claims is down, while airline reservations and manufacturing work shifts are up.
Labor market indicators such as job postings and manufacturing work shifts have been improving.
Joe Raedle/Getty Images
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COVID & Unemployment

Fewer employers, less work spell trouble for job market

by Mitchell Hartman
Dec 4, 2020
It's employees of small businesses who are most at risk, according to one payroll processor.
A pedestrian wearing her facemask and holding a cup of coffee walks past a closed sign hanging on the door of a small business in Los Angeles on Nov. 30, 2020.
Frederic J. Brown/AFP via Getty Images
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