U.S. jobs see smallest gain in seven months amid delta spread
The deceleration in hiring likely reflects both growing fears about the rapidly spreading delta variant of COVID-19 and difficulties filling vacant positions.
Economic news
End of COVID safety net sends gig workers back to square one
It took a pandemic for America’s army of gig workers to win access to some of the social protections that regular employees enjoy. Now they’re about to lose it again.
Enough is enough: Majority of working moms aren’t planning on returning to work
Sixty-nine percent of working mothers plan to remain out of work to care for their children, according to a survey by TopResume.
PRO Unlimited platform gives employee benefits to gig workers
As gig and contingent workers increase, PRO Unlimited seeks to give companies the flexibility to provide these workers the same benefits as full-time employees
Americans are done with 5-days-a-week in the office. Here’s what that means for the economy
"We call it the “Donut Effect.” The places losing the most people are centers of big cities," says Nicholas Bloom, a Stanford University economist.
How to get the unemployed back to work
Unlike past recessions, millions abruptly left the workforce as soon as the pandemic began and are still not seeking employment.
U.S. job growth misses all estimates; Unemployment rate at 6.1%
Difficulty attracting workers is slowing momentum in the labor market.
U.S. jobless claims fall to pandemic low
The job market is strengthening as employers look to fill positions left empty by the pandemic.
Jobs are coming back, but it’s still a long road for some
The pandemic has pushed out older employees and is deepening inequality as lower income workers feel the brunt of the crisis.
State jobless claims fall to lowest since March 2020
The decrease in claims shows the labor market continues to improve as more Americans get vaccinated.
The pandemic was historically bad for working-class women
The data show a jobs recession that was hardest on women without college degrees and Black and Hispanic women, and was pretty tough on men without college degrees and Hispanic men too.
Black unemployment rate rises despite declines for all other groups
Pandemic job losses have disproportionately impacted minorities.
U.S. job growth surges past estimates; unemployment dips to 6.2%
Many economists expect to see job prospects, and economic growth, improve in the coming months as vaccinations pick up and virus concerns ease further.
Employees have jobs on the side — and it’s hurting your business
Remote work has made it possible for full-time employees to have a side gig during the pandemic.
Yellen sees full employment next year with Biden’s stimulus plan
Treasury Secretary Janet Yellen said that low-wage earners, minorities and women are suffering the most and could face “permanent” damage from a prolonged slowdown.
Jobless claims decrease for a third consecutive week
In the coming months, as more Americans get inoculated and virus cases fall, economic activity is poised to resume and job cuts may decline further.
The economic recovery has a child care problem
More than one-third of parents — mostly women — have yet to return to jobs they lost, largely because there’s no one to look after their kids.
Instacart to cut 1,900 jobs, embracing the gig economy
Instacart plans to terminate about 1,900 employees’ jobs, including the only unionized positions in the U.S., representing a fulsome embrace of the gig economy.
U.S. set to evade jobless recovery curse if vaccines work
Experts see powerful employment gains over the next three years that evade the curse of past recessions. If they’re right, millions of Americans will leap back into the workforce as soon as vaccines against the coronavirus roll out.
‘Why am I not getting a job?’: Months of no work show risks
Prolonged unemployment harms physical and mental well-being, traps workers in poverty and increases family stress, according to studies.
