Labor economy

Thanks to vesting schedules, it can take up to 6 years for workers to own their 401(k) match

A 401(k) match from an employer is often referred to as “free” money, and therefore one of the best ways…

Here’s what to watch out for in Friday’s jobs report for May

Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…

Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says

The U.S. labor market posted another month of surprising strength in May as companies added jobs at a pace well…

Shifting to life post-Covid: How remote work transformed this city in the Midwest

Lansing, Michigan may never be the same. The city of just over 110,000 residents, known for its towering state capitol…

The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over

During the past year, the rate at which Americans quit their jobs has steadily declined from a record high back…

Here’s the inflation breakdown for April 2023, in one chart

Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…

A.I. trade is leaving investors vulnerable to painful losses: Evercore

The artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration…

Unemployment rate sinks in April for Black and Hispanic workers, but holds steady for Asians

The unemployment rate slipped for Black and Hispanic workers in April, but remained stable for Asian American workers. The U.S.…

Biden: Say goodbye to job growth and low unemployment if the debt ceiling isn’t lifted

WASHINGTON — President Joe Biden warned that the low unemployment rate in Friday’s jobs report could disappear if House Republicans do…

Here’s where the jobs are for April 2023 — in one chart

Broad job gains across the economy helped the labor market show resilience in the face of a banking crisis and…