What layoffs in the mortgage industry say about our economy

Nov 16, 2018
It’s been a year of transition for Wells Fargo after a series of scandals in its consumer banking business. The company’s paid billions of dollars in penalties and just announced it’s cutting 900 jobs in its mortgage division. The job cuts are part of a big restructuring plan the bank announced back in September, with […]

Some job openings aren't real. Here's why.

Nov 6, 2018
What the JOLTS report can tell us about the state of the labor market.
Job seekers arrive at the Walter E. Washington Convention Center for The Opportunity Hiring Fair in Washington, DC, on September 20, 2017.
MANDEL NGAN/AFP/Getty Images

How do hurricanes affect the jobs picture?

Nov 2, 2018
The number of people without jobs in the United States is expected to remain largely unchanged when the Labor Department reports the official unemployment rate Friday. One thing that could affect those numbers: a pair of hurricanes, Florence and Michael, that hit the Eastern Seaboard back to back. 
In this NOAA satellite handout image, shows Hurricane Florence it just makes landfall off the coast of the U.S. in the Atlantic Ocean on Sept.13, 2018.
NOAA via Getty Images

Study finds about half of formerly incarcerated people have only a GED or high school diploma

Oct 31, 2018
The study comes from the Prison Policy Initiative, a nonpartisan group that examines mass incarceration.
Justin Sullivan/Getty Images

Study finds about half of formerly incarcerated people have only a GED or high school diploma

Oct 31, 2018
The study comes from the Prison Policy Initiative, a nonpartisan group that examines mass incarceration.
Justin Sullivan/Getty Images
The billions of dollars spent on holiday shopping each year leaves out one big piece of the gift-giving puzzle.
Sean Gallup/Getty Images

For public good, not for profit.

The billions of dollars spent on holiday shopping each year leaves out one big piece of the gift-giving puzzle.
Sean Gallup/Getty Images

Labor Department figures show robust jobs market

Oct 16, 2018
The Labor Department reported this morning record high job openings for the month of August, the highest since the Job Opening and Labor Turnover Survey was created almost 20 years ago. A large number of open jobs has ramifications for many different sectors of the economy. We looked at one sector with a lot of “now […]

Labor Department figures show robust jobs market

Oct 16, 2018
The Labor Department reported this morning record high job openings for the month of August, the highest since the Job Opening and Labor Turnover Survey was created almost 20 years ago. A large number of open jobs has ramifications for many different sectors of the economy. We looked at one sector with a lot of “now […]