Labor Market
30 posts in Labor Market · page 1 of 3. ← All posts
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Why Fewer People Are Out of the Workforce for Family
As prices rise again, the question is which households suffer.
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Income growth is slowing. For low-paid workers, real wages are falling.
March inflation jumped to 3.3% year over year, up from 2.4% in February. The main driver was gasoline as the Iran war pushed pump prices ...
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Employment Is Falling. Is GDP Next?
GDP growth and employment growth usually move together. The scatter below plots one-year changes in each, from 1949 to 2025, plus March 2...
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The Hiring Freeze and Who It Traps
The unemployment rate has risen to 4.4% — still low by historical standards, but up from 3.4% two years ago. Underneath that number, hiri...
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The Wage Data Went Dark at Exactly the Wrong Time
The government shutdown meant no October CPS was collected. Without it, the BLS couldn’t publish its Usual Weekly Earnings series for the...
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Economic Data Review: Q1 2026
The Federal Reserve begins its two-day meeting today and is widely expected to hold the federal funds rate at 3.50-3.75 percent. With abo...
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53 Percent of Young Adults Live with Their Parents
As of January 2026, 52.9 percent of Americans age 18 to 29 are living with a parent, grandparent, or other relative. That is within half ...
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Remote Work’s Slow Burn
Six years after the pandemic sent office workers home, remote work is no longer a disruption. It’s infrastructure. Nearly a quarter of th...
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The Gender Wage Gap in 2025: Bigger Than You Think
The gender wage gap widened in 2025. Women working full-time now earn about 82 cents for every dollar paid to their male counterparts, do...
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It Was the Economy, Not the Generation
Employment data from the Current Population Survey spanning 1962-2025 show that Millennials and Gen Z work at the same rates as previous ...
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Union Membership in 2025
According to calculations from Current Population Survey microdata released today, the US union membership rate in 2025 was 10.0 percent,...
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Labor Market Conditions and Impulse
Labor markets can deteriorate very rapidly, resulting in an economic recession. As such, economists monitor conditions closely. Currently...