For retailers, the holidays mean a hiring binge — and then a purge
Retail is one of the more seasonally variable sectors of the U.S. economy, but much of the holiday hiring surge is concentrated in just a handful of categories.
More and more Americans are outside the labor force entirely. Who are they?
More than 92 million Americans last month were considered outside the labor force entirely. While most of them are older, the biggest increase has been among teens and young adults.
Employment, unemployment and underemployment: Different stories from the jobs numbers
When the Bureau of Labor Statistics releases its monthly data about employment, the lion’s share of the attention goes to one figure — the unemployment rate. But that’s not the only or best indicator of where the economy stands.
Making more than minimum wage, but less than $10.10 an hour
Last year an estimated 20.6 million people — 30% of all hourly, non-self-employed workers aged 18 and older in the U.S. — earned above the applicable minimum wage in their state but less than the proposed $10.10/hour minimum.
For most workers, real wages have barely budged for decades
For most U.S. workers, inflation-adjusted wages have been flat or falling for decades, regardless of whether the economy has been adding or subtracting jobs. The $4.03-an-hour rate recorded in January 1973 has the same purchasing power as $22.41 would today.
How’s the job market? Ups, downs of public sentiment mirror official stats
Americans have a good general sense of the relative strength of the job market, even if they’re fuzzy on specifics such as the unemployment rate.
Hispanics only group to see its poverty rate decline and incomes rise
Hispanics are the only major racial or ethnic group to see a statistically significant decline in its poverty rate, according to 2013 Census Bureau figures released this week
Americans have dim view of trade’s impact on jobs and wages
While 68% of Americans say trade is good for the country, they hold starkly different views than people in other countries around the world when it comes to the supposed benefits of international commerce: job creation and higher wages.
Mixed Views on Trade, Foreign Investment
Developing countries provide the strongest support for international trade and foreign investment, while people in many advanced economies are skeptical. Americans are among the least likely to hold a positive view of the impact of trade on jobs and wages.
56% of Americans Believe They Are ‘Falling Behind’ Financially
Public views of the job market have improved modestly, but overall economic optimism remains limited. Many say their incomes are falling behind the cost of living and 45% have experienced a serious financial hardship.