Labor Market Anxieties Grow
5 Articles
5 Articles
Labor market anxieties grow
The job market has been steadily losing steam and workers have noticed. Though the unemployment rate remains fairly low, some groups are experiencing heightened job-finding trouble, and overall employment sentiment is falling. In this episode, are job market worriers paranoid or prophetic? Plus: Nvidia CEO announces new AI chips won’t require as-expensive cooling systems, car sales were up in 2025, and economists study why new tariffs haven't di…
Data shows slowing US labor market
Two reports on Wednesday painted a portrait of a cautious and fracturing US labor market. Government data showed hiring slowed in November and the number of available jobs fell to a more than one-year low, while layoffs slowed — suggesting employers aren’t eager to make dramatic changes to their headcount. And a report from ADP found white-collar jobs were hit especially hard last month, including professional and business services and the infor…
The U.S. labor market continues to show clear signs of cooling, with a combination of fewer vacancies, low recruitment and a stable level of layoffs that reinforces the idea of a “no hiring, no firing” environment. This is evidenced by the most recent official data published by the U.S. government. According to the Job Vacancy and Rotation Survey (JOLTS) of the Bureau of Labor Statistics (BLS), the number of vacant jobs fell to 7.15 million at t…
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