Nick Bunker is the Economic Research Director for North America at the Indeed Hiring Lab who focuses on the U.S. labor market. He was previously a Senior Policy Analyst at the Washington Center for Equitable Growth, an economics think tank. Prior to that, Nick was a Research Assistant at the Center for American Progress. He holds a B.S.F.S. in international economics from Georgetown University.
The US economy added 225,000 jobs last month, and the unemployment rate is at 3.6%, up slightly from 3.5% in December.
A reduction in average hours may not be a sign of impending doom for the labor market.
Job openings in 2019 continued to trend down, which is another sign that employers are pulling back demand across a variety of industries.
The US economy added 145,000 jobs last month, and the unemployment rate is at 3.5%, unchanged from 3.5% in November.
The Indeed Hiring Lab is an international team of economists who provide insights that help drive the global labor market conversation.
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