Daily Brief: 7.1M Job Openings, 29K Payroll Gain — America’s Labor Shortage Won’t Budge
Jobs data shows 7.1M openings and only 29K new payrolls in September. Construction needs 349K workers. Here's why the labor shortage is structural.
Jobs data shows 7.1M openings and only 29K new payrolls in September. Construction needs 349K workers. Here's why the labor shortage is structural.
The U.S. has 7.1M job openings against 7.1M unemployed — a fragile equilibrium masking acute shortages in construction, manufacturing, and healthcare.
BLS data shows median weekly earnings rose just 1.5% in Q3 while CPI gained 3.5%. Seasonally adjusted wages dropped from Q2. The paycheck is bigger,...
The math is almost poetic: 7.1M job openings, 7.1M unemployed. But the 1:1 ratio hides a mismatch strangling construction, healthcare, and manufacturing.
Social Security's trust fund is six years from insolvency. Yesterday's 3.6% COLA is a reminder: without reform, a 22% benefit cut hits every retiree in...
Seven million open jobs and only 29,000 new hires last month. The labor shortage isn't easing — it's structural. The weekly roundup.
JOLTS shows 7.1M openings and flat hiring. September payrolls added just 29K. The worker shortage has gone structural and the math is getting worse.
The U.S. has 7.3M job openings but a shrinking workforce. Construction needs 500K workers. Manufacturing faces a 2.1M gap by 2030. Here's where it...
7.3M job openings, 162K new payrolls, but a quit rate near historic lows. The U.S. labor market is healthy on paper — so why won't anyone move? This...
Social Security's retirement trust fund is now projected to run dry by Q4 2032, one quarter sooner than last year. The 75-year shortfall swelled to...