Job creation slowed dramatically in April. After gains of 536,000 in February, and 770,000 in March, predictions were that a million jobs would be added in … Read more
Will Immigrants Save the Economy?
Immigrants make up about 17%of the U.S. labor force, or 28 million workers. Over the last decade, they have become the main driver of growth of the labor … Read more
How Inflation and Wage Pressures Will Impact Hiring
How quickly things change. My last post mentioned that salaries are not expected to increase much in 2021. Now it appears wage pressures, caused by … Read more
Labor Market: A Smaller, Younger, Less Diverse Labor Force Post-Covid
The cover of Fortune from October 1, 2001, showed a man, covered in dust, walking away from the rubble of the Twin Towers, with the headline “Up from the … Read more
Labor Market: Happy 2021, Everyone! (Well, Maybe Not Everyone.)
All good things come to an end. In January this year, what seems like a millennium ago, unemployment was at its lowest point in 50 years following 113 … Read more
Labor Market: Deceptions and Explanations Behind the Unemployment Rate
The unemployment rate has dropped to 6.9% from 7.9% in October as the economy added 906,000 jobs. While that is encouraging news, the unemployment rate is … Read more
Labor Market: All the Lonely People
I ain’t lookin’ for prayers or pity. I ain’t comin’ ’round searchin’ for a crutch. I just want someone to talk to. And … Read more
Labor Market: Where Is Everybody? (The Shrinking Labor Force)
The labor market is creating some odd statistics. There are over 13 million people unemployed because of the pandemic, and the unemployment rate stands at … Read more
Labor Market: Reverse Migration Will Pose Recruiting Challenges
In time, we may look at the years before 2020 as B.C. (Before Covid) and the period after as A.D. (After Devastation). One hallmark of the A.D. years will … Read more
Labor Market: Rebounding Out of the Darkness
The economy is improving. Don’t believe me. Believe the numbers:: 4.8 million jobs added in June as the unemployment rate declined to 11.1% from 13.3% in … Read more