State of the Labor Market
Commentary, data, analysis and insight into the US and global economy.
Industries in mining, transportation, and construction are major contributors to this year’s slowdown in the labor market.
The outlook for labor demand continues to darken, as job openings disappoint again this month. On […]
The US economy added 136,000 jobs last month, and the unemployment rate is at 3.5%, down from 3.7% a month earlier.
Wage growth may be steady, but growth in average weekly earnings is slowing due to a decline in average hours worked.