Search results for "Unemployment"

July 08, 2024
AI Whisperers: Bright Spots in a Shifting Job Landscape

As the U.S. job market shows signs of gradual cooling, one group is experiencing an unexpected surge in demand: artificial intelligence (AI) prompt engineers. These specialists, who craft phrases to...


July 04, 2024
Jobs Report Projected to Show Cooling Wage Growth

This month’s jobs report is projected to show slowing hiring and cooling wages. That’s according to a survey of economists published Thursday (July 4) by Bloomberg News, one day before the Bureau of...


July 03, 2024
ADP: Job Growth Cools for Third Consecutive Month

Job growth in the private sector cooled in June, marking the third consecutive month of a slowdown. Private employers added 150,000 jobs during the month, ADP said in a Wednesday...


June 27, 2024
Insured Unemployment Number Reaches Highest Level Since 2021

The number of people receiving unemployment benefits reached its highest level in over two years. The insured unemployment number for the week ended June 15 was 1,839,000, which was 18,000...


June 26, 2024
25% of High-Income Consumers Work Side Hustles

Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this finding: One-quarter of those Americans...


June 25, 2024
Pennsylvania Introduces New Bill to Tackle Gig Worker Misclassification

A new bill introduced in the Pennsylvania State House aims to address the growing issue of gig worker misclassification and strengthen the enforcement of labor laws. The legislation seeks to provide more...


June 24, 2024
Countervailing Powers: Voice vs. Exit in Remedying Labor Market Harms...

Antitrust analysis and policy have shown a recently renewed interest in labor market harms from mergers that substantially decrease labor market competition. Remedies for mergers that are not blocked have...


June 24, 2024
Antitrust Lessons from Labor

Competition law encompasses both product markets and input markets: that is, it protects buyers but also sellers. Recently, antitrust in the United States has paid increased attention to workers as...


June 13, 2024
Yellen: US Labor Market Has Become ‘More Normal’

America’s job market is starting to resemble its pre-pandemic self, says Treasury Secretary Janet Yellen. Speaking to CNBC Thursday (June 13), Yellen also noted that cooling wage growth does not threaten to...


The Rise of Instant Payroll and Early-Access Compensation

With 96% of corporates that offer earned wage access saying it helps attract new talent, and 75% of millennials saying that it would influence their acceptance of a job offer, it’s obvious why almost two-thirds of employers see earned wage access as a low-cost tool for employee recruitment and retention. PYMNTS examines the trend in the latest issue of the “Money Mobility Tracker®,” a collaboration with Ingo Money.

The Employment Effect
Study Shows Digital Engagement of US Consumers Linked to Employment Status  Employed consumers use connected devices 80% more in their daily lives than unemployed consumers, and not just to shop and spend. For this edition of the “The ConnectedEconomy™ Monthly Report: The Employment Effect,” PYMNTS surveyed 3,212 consumers to discover how rising employment rates are accelerating the U.S. economy’s digital transformation.