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Labor market

If you work for a company that works for Microsoft, your benefits package just got better

by Erika Beras
Aug 30, 2018
Why the company's paid parental leave policy for its suppliers could be a game changer.
People walk past the Microsoft store on Fifth Avenue in Midtown Manhattan in June in New York City.
Drew Angerer/Getty Images
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More older folks are working, but maybe not their preferred job

by Janet Babin
Aug 27, 2018
The unemployment rate continues to hover around historic lows — 3.9 percent as of last month. The tight labor market has been good news for groups that often have a harder time finding jobs, like people 55 and older. Unemployment for them is even lower at 3.1 percent. The number of older Americans in the […]
A job seeker fills out an application at a senior job fair in Palatine, Illinois. 
Photo by Tim Boyle/Getty Images
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Day laborers are pressed by Trump immigration policies

by Mitchell Hartman
Aug 9, 2018
Supply and demand of the workers, many of whom are unauthorized, hasn't diminished in many cities in spite of the White House's immigration crackdown.
Day laborers wait for offers of work outside the Don Bosco workers center in Port Chester, New York.
Mitchell Hartman/Marketplace
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Where are the workers, in a labor market this tight?

by Justin Ho
Aug 6, 2018
With unemployment so low, at 3.9 percent in July, some employers are taking a second look at workers they might have passed on before
Commuters make their way through Grand Central Terminal as the sun shines in through the windows. 
DON EMMERT/AFP/Getty Images
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Tight labor market vexes retailers looking to hire for holidays

by Marielle Segarra
Jul 20, 2018
The number of people filing for unemployment benefits has fallen to its lowest point since 1969, according to data released by the Labor Department Thursday. These numbers are another sign of a tight labor market. And they’ve got retailers thinking about the holiday season. Click the audio player above to hear the full story. 
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Low pay and long hours: Staffing in the restaurant industry remains a challenge as sales grow

by Laine Kaplan-Levenson
Jul 17, 2018
The National Restaurant association projects that sales will grow by 4 percent this year. Celebrity chefs and Instagram foodie streams all point to an industry on the upswing. But staffing restaurants isn’t easy these days. Susan Spicer runs three restaurants in New Orleans, and says this is in part because her industry gets a bad […]
CHRISTOPHE ARCHAMBAULT/AFP/Getty Images
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How are consumers spending their money?

by Renata Sago
Jul 16, 2018
The U.S. Census Bureau will release June retail sales data this morning. We already know that consumer spending is strong right now due in part to a tight labor market and inflation. But how are consumers financing their current spending spree and what are they spending on, exactly? Click the audio player above to hear the […]
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Two years after the Brexit vote, many businesses remain anxious

by Mitchell Hartman
Jun 22, 2018
This weekend marks two years since Britain held its referendum on exiting the European Union and voters told their leaders they want to leave the bloc. Since then, the British government has been negotiating the conditions of Brexit on issues such as the single market, customs union and movement of labor. The scheduled exit date, […]
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Tight labor market, tight … jeans?

by Erika Beras
Apr 19, 2018
It’s a tight labor market out there – so in a quest to attract workers, Walmart is trying out something new – allowing workers on the stores’ floors to wear jeans and solid shirts in any color. The new policy is being tested in less than two dozen stores.    Click the audio player above […]
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Does a tight labor market mean more jobs for young people?

by Renata Sago
Apr 19, 2018
With the weekly jobless claims out Thursday, we look at whether the tight labor market is creating opportunities for younger workers. Are employers more willing to look at — and train — younger workers? And are young workers prepared for the jobs that are available? Click the audio player above to hear the full story. 
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