Economist Claudia Sahm says even though the recession predictor is sounding the alarm, we shouldn’t immediately fret.

The U.S. unemployment rate has never reached zero, and it likely never will. But that’s not a bad thing.

The 7.7 million jobs available still outstrips the number of people seeking work, but the cooling trend may make job hunting harder next year.

The services sector has expanded in 47 of the last 50 months, according to the Institute for Supply Management. Several business owners in the sector report renewed strength this year.

The Bureau of Labor Statistics reduced its initial count of new jobs between March 2023 and March 2024 by more than 800,000.

Some reassuring news: The Census Bureau reported that retail sales were up a full percent in July from the month before.

Labor songs were sung at home, on the job and on the picket line. Let’s look at the history, starting with “Harlan County, U.S.A.”

While decreasing numbers of temporary workers can be a leading recession indicator, economists say this time might be different.

The Bureau of Labor Statistics’ monthly survey doesn’t track jobs added or subtracted due to AI – at least not yet.

The survey of employers was created to help answer puzzling questions about labor.