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About 5.4% of U.S. workers had a second job in February, according to the BLS. But that’s just the tip of the iceberg.
Outside of chronically short-staffed sectors, many firms are finding qualified workers easily. Openings are scarce in some white-collar fields.
Private-sector hiring slowed down in February and small businesses cut jobs. Plus, new unemployment claims were up last week.
New research finds that larger fires can depress local hiring for up to three years.
China’s job hunters say there are fewer decent jobs and more applicants, whether they’re seeking manual work or office positions.
Stability reigns. The economy has about 7 million more jobs than before COVID hit, and both quits and layoffs are low.
Thanks to a cooling labor market, workers are clocking 45 minutes on the job less each week compared to 2021.
The Federal Reserve has wanted cooling inflation coupled with steady employment. It’s gotten that.
We’re not relocating like we used to, thanks largely to the graying of the population, high home prices and remote work.
That statistic has risen to almost a three-year high. But if the labor market continues to add jobs at current rates, losers may become winners.