4 days ago · “It’s a bit of a corny phrase, but I think the idea of the labor market being at a crossroads is an apt analogy,” said Oliver Allen, senior US economist at Pantheon Macroeconomics.

3 days ago · Employers added 143,000 jobs last month, signaling a more subdued labor market even as the unemployment rate edged down to 4 percent. Monthly change in jobs +800 ,000 +600 ,000 +400 ,000 +143,000 ...

Employment in many business occupations is projected to grow faster than average from 2023 to 2033. read more. The Bureau of Labor Statistics is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics.

Nov 18, 2024 · Learn about labor market trends, insights, and predictions for 2025. Understand key workforce data and how it shapes industries and job opportunities.

Aug 16, 2024 · The labor market refers to the supply of and demand for labor. Also known as the job market , it's based on employees providing the supply and employers providing the demand.

Nov 19, 2024 · Starting in January 2023, the U.S. unemployment rate steadily crept up through July 2024, before edging down in recent months (blue line in Figure 1). At 4.1 percent, the unemployment rate currently remains 0.7 percentage points …

The labor market is a complex economic concept involving the supply and demand for labor. This article explores various labor market theories, key participants, factors influencing the market, the role of education, globalization, technological impacts, and future trends.

What is the Labor Market? The labor market is the place where the supply and the demand for jobs meet, with the workers or labor providing the services that employers demand.

The labor market or job market is a platform where the demand for (by employers) and supply of (by workers) employment meet. It assists in creating a skilled workforce that flourishes with competition, development, and economic expansion.

Source: U.S. Bureau of Labor Statistics, Current Population Survey. • The majority (81.2 percent) of all employed Californians usually work full time (35 hours or more per CURRENT week in all jobs).