Job market's new normal: Smaller workforce, sluggish pay

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BING NEWS:
  • US job openings edged higher in February as layoffs returned to pre-pandemic levels
    Demand for workers in the US picked up slightly in February in a sign that the job market remains on strong footing, though layoffs also ticked up that month. There were a seasonally adjusted 8.8 ...
    04/2/2024 - 6:09 am | View Link
  • Why We Expect the Job Market’s Slowdown to Renew in 2024
    Assuming productivity growth of 1.5% and a constant labor share of GDP, this is consistent with inflation running at 3.1%, close to the normal rate ... back into the workforce (that is, people ...
    03/31/2024 - 1:00 pm | View Link
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