Unemployment
Experts: Training, transportation and child care shortages straining Alabama workforce
If Alabama’s workforce participation rates are low, it’s due to a lack of training, transportation and child care, experts told an Alabama House committee on Monday. “The bulk of it, I think, is what we are here for today, and that is, ‘well, I don’t have a consistent transportation to get to work,’” said Ed […]
Job growth exceeds economists’ expectations as unemployment inches up
The labor market is stable and healthy, economists and policy experts say, although the unemployment rate ticked up in the month of August. The Bureau of Labor Statistics’ report released Friday showed that unemployment rose to 3.8% in August from 3.5% in July. Meanwhile the economy added 187,000 jobs, above expectations of 170,000 jobs from […]
‘Who’s going to work there?’: Lawmakers grapple with labor shortages
INDIANAPOLIS — For years, Indiana’s GOP-controlled legislature has focused on creating a business-friendly climate by pushing favorable tax rates and regulations, aiming to foster the creation of good-paying jobs across the state. The way Republican state Sen. Michael Crider sees it, those moves have worked: Companies such as Amazon and Walmart have built new warehouses and […]
Car insurance premiums based on job, education can ding low-wage workers
New Jersey resident Anna “Cuqui” Rivera, a high school graduate who works as a labor and civil rights activist and moonlights as a DJ, was paying almost $3,000 annually for auto insurance with one of the big companies. Now, she pays almost $2,000 less for coverage on her 2016 Jeep. The difference? Her new, smaller insurance company doesn’t take […]
Wage growth remains high, jobs are steady and inflation is falling so why are people worried?
Economists have been predicting a recession for months, but the labor market has remained resilient, wage growth is higher than before the pandemic, and inflation continues to drop, now at 4% compared to 9.1% in June of last year. Despite this good news, consumers don’t feel confident about the future, according to the consumer confidence […]
States see record low unemployment across the US
Across much of the country, the jobs market is as strong as it’s ever been, and Black women, young people and people with disabilities are among the workers benefiting, recent U.S. Bureau of Labor Statistics data show. Twenty states reported an unemployment rate under 3% in April, while 15 states saw record lows, led by […]