Podcasts about labor market

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Study of the markets for wage labour

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Best podcasts about labor market

Latest podcast episodes about labor market

HousingWire Daily
Logan Mohtashami on the jobs report and mortgage rates

HousingWire Daily

Play Episode Listen Later Jan 10, 2022 23:48


Last week's jobs report missed estimates, but the overall picture is still very positive, with total unemployment at 3.9%. In this episode of HousingWire Daily, Lead Analyst Logan Mohtashami joins Editor in Chief Sarah Wheeler to discuss the jobs report and the significance of having both the unemployment rate and mortgage interest rates under 4%. 

Market Champions
191|Inflation and the State of the Labor Market ft. Joey Politano with Srivatsan Prakash

Market Champions

Play Episode Listen Later Jan 9, 2022 58:01


Joey Politano is the author of the Apricitas blog, and in this podcast discusses the themes of transitory inflation, what is going on with manufacturing, employment as well as whether debt is an issue or not. None of the views expressed here are that of his employer. Make sure to subscribe to his blog - https://apricitas.substack.com/

The Chad Benson Show
Latest unemployment numbers in tight labor market

The Chad Benson Show

Play Episode Listen Later Jan 7, 2022 110:16


Latest unemployment numbers in tight labor market. Kamala Harris compares Jan 6th incident to Pearl Harbor. Kim Jong-Un claims his father created the burrito. Final week of NFL regular season. SCOTUS to hear cases on vaccine mandates. Director Peter Bogdanovich and actor Sidney Poitier have died. Smart dog collar.

Marketplace All-in-One
One thing to count on in the labor market? Help will be wanted. A lot.

Marketplace All-in-One

Play Episode Listen Later Jan 7, 2022 8:20


It’a another jobs report day today, and one thing that’s shown itself to be constant no matter what the data says is that demand for workers remains high. There’s a record-setting number of job openings and a desire for people to fill them. While inflation has been seen as a kind of economic dark cloud by many, others see some marketing possibilities. The BBC reports on how steel companies in the U.K. are handling U.S. import tariffs.

Marketplace Morning Report
One thing to count on in the labor market? Help will be wanted. A lot.

Marketplace Morning Report

Play Episode Listen Later Jan 7, 2022 8:20


It’a another jobs report day today, and one thing that’s shown itself to be constant no matter what the data says is that demand for workers remains high. There’s a record-setting number of job openings and a desire for people to fill them. While inflation has been seen as a kind of economic dark cloud by many, others see some marketing possibilities. The BBC reports on how steel companies in the U.K. are handling U.S. import tariffs.

The Lobby Shop
What the Heck is Happening in the Labor Market, with Chris Rugaber

The Lobby Shop

Play Episode Listen Later Jan 6, 2022 29:05


Ahead of the first BLS jobs report of 2022, hosts Paul and Caitlin are joined by AP economics reporter Chris Rugaber to break down what's happening in the labor market. Tune in to hear about how Americans should be evaluating the report, the "Great Resignation" and its impact on the job market, vaccine mandates and more! 

HRchat Podcast
#378: Labor Market Review and Predictions For 2022 w/ Andrew Flowers, Appcast

HRchat Podcast

Play Episode Listen Later Dec 30, 2021 22:27


2021 in Review and Looking Ahead to Recruiting in 2022In this special episode of the HRchat show, we wrap up 2021 by reviewing another rollercoaster year in Recruitment and HR. We also make predictions for the labor market in 2022. Bill's guest this time is Andrew Flowers, Labor Economist at Appcast, a global leader in programmatic recruitment advertising technology and services. Prior to joining Appcast in 2021, Andrew spent nearly three years at Indeed.com as an economist at its global research institute, the Hiring Lab. Before that, he was the quantitative editor and an economics writer at FiveThirtyEight, a premier media destination for data-driven coverage of politics and sports. Flowers began his career as an economic analyst at the Federal Reserve Bank of Atlanta where he analyzed macroeconomic and financial data, produced reports and briefed its president, board of directors, and other stakeholders on economic and financial conditions in the U.S. and abroad.Listen as he shares his take on the bounce back from the pandemic and Great Resignation. Andrew also attempts to predict what recruiters, HR pros, and business leaders can expect from the labor market and recruitment tech in the year ahead as a result of expected inflation rates and government stimulus measures.   By the way, if you've enjoyed this episode, check out the recent HRchat interview with Andrew's colleague and Appcast CEO, Chris Forman.We do our best to ensure editorial objectivity. The views and ideas shared by our guests and sponsors are entirely independent of The HR Gazette, HRchat Podcast and Iceni Media Inc.   

ValueSide
Where Are All The Workers?

ValueSide

Play Episode Listen Later Dec 29, 2021 6:45


It's impossible to talk about the year 2021, without including the overwhelming effect that the Pandemic and the Vaccine have had on our country and our economy. Those effects are now starting to really show up in the economic data that comes over my desk each day. What strikes me currently is the impact that these health issues are having on the Labor Markets in particular.

ValueSide
Where Are All The Workers?

ValueSide

Play Episode Listen Later Dec 28, 2021 6:45


It's impossible to talk about the year 2021, without including the overwhelming effect that the Pandemic and the Vaccine have had on our country and our economy. Those effects are now starting to really show up in the economic data that comes over my desk each day. What strikes me currently is the impact that these health issues are having on the Labor Markets in particular.

ValueSide
Where Are All The Workers?

ValueSide

Play Episode Listen Later Dec 28, 2021 6:45


It's impossible to talk about the year 2021, without including the overwhelming effect that the Pandemic and the Vaccine have had on our country and our economy. Those effects are now starting to really show up in the economic data that comes over my desk each day. What strikes me currently is the impact that these health issues are having on the Labor Markets in particular.

ValueSide
Where Are All The Workers?

ValueSide

Play Episode Listen Later Dec 28, 2021 6:45


It's impossible to talk about the year 2021, without including the overwhelming effect that the Pandemic and the Vaccine have had on our country and our economy. Those effects are now starting to really show up in the economic data that comes over my desk each day. What strikes me currently is the impact that these health issues are having on the Labor Markets in particular.

Field Posts
E82: Managing Through a Hot Ag Labor Market

Field Posts

Play Episode Listen Later Dec 21, 2021 31:24


A record number of Americans have left their jobs over the last 18 months, and the high demand for workers as the economy transitions out of a pandemic have sent wages soaring.For farmers, this has meant having to get creative and savvy about finding, recruiting, and retaining top performers in order to keep their businesses operating.This week, we're joined by Lori Culler, DTN farm business advisor and the founder of AgHires, an online job board and recruiting firm dedicated to the agriculture industry. AgHires offers job postings, sourcing and full contingency recruitment for farms and agribusinesses. Lori offers some invaluable insight on the origins of the current labor shortage, and offers useful advise on how to think about all things ag labor in these challenging times.We'll discuss calculating compensation, how to think about return on investment for employee hours, strategies for crafting positions, and how to become an excellent trainer.

America's Democrats
Rethinking the role of immigrants in the U.S. labor market.

America's Democrats

Play Episode Listen Later Dec 20, 2021 41:18


Rethinking the role of immigrants in the U.S. labor market.   Why the old narratives about immigration need to be changed. Ruth Milkman Ruth Milkman is Distinguished Professor of Sociology at the CUNY Graduate Center and the CUNY School of Labor and Urban Studies. She is the co-editor, with Deepak Bhargava and Penny Lewis, of Immigration Matters: Movements, Visions, and Strategies for a Progressive Future. Jim Hightower   Special gifts for special people   Ho-Ho-Ho, wait till you hear about the gifts I gave to some of America's power elites for Christmas.   To each of our Congress critters, I sent my fondest wish that from now on they receive the exact same income, health care, and pensions that we average citizens get. Jonathan Karl Trump's "Betrayal" of America   Bill Press says Jonathan Karl's new book Betrayal: The Final Act of the Trump Show, is the best book on the final year of the Trump Presidency. Karl was the Chief White House correspondent for ABC News through the end of the Trump administration. He is now the ABC News Chief Washington Correspondent.    If you'd like to hear the entire episode, visit BillPressPods.com.  

Indications
US Labor Market Roundup: November 2021 Jobs Report

Indications

Play Episode Listen Later Dec 10, 2021 15:40


Join labor market experts from The Conference Board as they break down the monthly US Bureau of Labor Statistics jobs report. They provide insights on the monthly employment and unemployment numbers and identify key trends in the US job market that business leaders should know about. 

WSJ Tech News Briefing
Amazon Upends the Labor Market

WSJ Tech News Briefing

Play Episode Listen Later Dec 10, 2021 12:43


Amazon's growing need for warehouse workers means the company is dominating the hiring market. WSJ reporter Sebastian Herrera joins host Zoe Thomas to discuss the effect Amazon is having on low-skilled workers and the other companies competing to hire them. Learn more about your ad choices. Visit megaphone.fm/adchoices

Making Capitalism Sustainable
US Labor Markets and Policy Implications: Focus on November 2021 Jobs Report

Making Capitalism Sustainable

Play Episode Listen Later Dec 10, 2021 15:46


Economists from the Committee for Economic Development (CED) and The Conference Board Labor Markets Institute join forces to break down the monthly US Bureau of Labor Statistics jobs report and reveal the relevant policy implications for the future workforce.

Pro-Life America
Episode 81 | Together We Are…

Pro-Life America

Play Episode Listen Later Dec 10, 2021 30:59


Topics Discussed:Democrats hope that abortion will energize their votersPortland to offer Bereavement Leave for employees getting abortionsAbortion & the upcoming changes to the labor forceThe lack of unity within the pro-life movement Links Mentioned:Democrats hope the threat to abortion rights will rouse voters - LA TimesThe Democrats' Privileged College-Kid Problem - PoliticoA year after big cuts, Mayor Ted Wheeler wants to add to the Portland Police Bureau - OPBPortland first in nation to offer bereavement leave for employees who get an abortion - The Christian PostPro-Life America Podcast Episode 46: The Alarming Decline of Birth Rates WorldwidePro-Life America Podcast Episode 77: America's Shortage Of Adoptable BabiesThe Demographic Drought - EMSIRate & Review Our Podcast Have a topic you want to see discussed on the show? [Submit it here.]To learn more about what Life Dynamics does, visit: https://lifedynamics.com/about-us/Support Our Work Be Sure To Follow Life Dynamics:Our WebsiteFacebookTwitterInstagramYouTube 

PMP Industry Insiders
Episode 60: Finding Great People in an Impossible Labor Market

PMP Industry Insiders

Play Episode Listen Later Dec 9, 2021 40:34


HR pro, Sarah Verlinger discusses Triangle Home Services' approach to attracting and screening candidates; onboarding new team members; retaining key players; and developing company culture.

Starting Strength Radio
The Labor Market with Ray Gillenwater

Starting Strength Radio

Play Episode Listen Later Dec 8, 2021 92:13


Rip and Ray Gillenwater discuss the labor market, employment, and the effect of bureaucracy on the relationship between employees and their employers. 4:34 The Labor Market 9:42 Fauci Speaks For Science 17:07 Iron Law 25:25 Being Paid For Zero Production 37:09 Adopting And Enforcing Government Rules 43:55 It's Engaging You 55:21 The Government Is Not Your Parent 1:05:45 Doing Hard Things Now 1:09:24 We Don't Know What It's Like To Be Without 1:23:47 Something Is Going On

Capitalist Sage
Georgia's Labor Market and Resources to Help Companies Face Current Challenges

Capitalist Sage

Play Episode Listen Later Dec 6, 2021 37:10


On today's episode of The Capitalist Sage, Karl and Rico are joined by Georgia Commissioner of Labor, Mark Butler. The Department of Labor's mission is to work with both public and private partners in building the workforce system that contributes to Georgia's economic prosperity. Listen in to hear our hosts discuss what's happening in the labor market here in Georgia, some of the trends that we see going forward, and some of the resources that are available for small and large business owners in finding great talent to help their businesses and organizations prosper.

RESET
Here's what the labor market can tell us about supply chain issues

RESET

Play Episode Listen Later Dec 2, 2021 11:27


A new report from ADP found that the private sector added 534,000 jobs in November. But what can that tell us about recent supply chain issues? Reset checks in with ADP's chief economist.

TrendsTalk
Numbers in the Labor Market with Brian Beaulieu

TrendsTalk

Play Episode Listen Later Dec 2, 2021 5:12


Which demographics are opting out of the workforce, and how is that impacting the economy? Catch our newest TrendsTalk episode with ITR CEO and Chief Economist Beaulieu to further insights on the labor market.

Chrisman Commentary - Daily Mortgage News
12.2.21 Q3 Lender Profit; Brent Emler and Keri Rogers on Building a Modern Mortgage Workforce; Labor Market Indicators

Chrisman Commentary - Daily Mortgage News

Play Episode Listen Later Dec 2, 2021 21:47


Thank you to Lockton, the largest privately held global insurance broker which focuses on Property and Casualty insurance and employee benefits insurance programs. Lockton has a specialized Lender Services Group focused on quantifying and analyzing specific insurance needs to adequately minimize regulatory and balance sheet risks. They have a keen focus on firms within the mortgage banking arena specializing in Errors and Omissions (E&O), Fidelity Bond, D&O and Cyber liability. Lockton acts as an extension of your firm's risk management team by procuring insurance policies and seeing claims through from start to finish, like a data breach or E&O claim.

Running With The Money
Briefing: Labor Market Improves, Manufacturing Activity Jumps, Omicron in US, and More!

Running With The Money

Play Episode Listen Later Dec 1, 2021 14:48


Luke Donay gives his take on top market news and analysis. Go into depth about the market,  individual companies, and what to buy or sell with Luke Donay and the Running With The Money team.CHECK OUT ChatterQuant!chatterquant.com/?r=lukeFollow Luke Donay and the Running With The Money team!Twitter: @lukedonayFacebook: @runningwiththemoneyInstagram: @runningwiththemoneyShop our trading gear!runningwiththemoney.shopDisclaimer: This is not direct financial advice, simply an opinion based on independent research. Luke Donay does maintain holdings in AAPL, AMZN, NVDA, WMT, BA, FB, AMD.

Disruptive Forces in Investing
It's Quitting Time: Exploring Labor Market Dynamics

Disruptive Forces in Investing

Play Episode Listen Later Nov 30, 2021 18:18


After a record-breaking 4.3 million Americans quit their jobs in August, many have had their eyes on the labor market at large. Known as “The Great Resignation” or “The Big Quit”, this phenomenon has turned the heads of employers and employees alike. But how long might this trend last? What has kept people out of the workforce? And what sectors might be able to meet the demand of rising wages? On this episode of  Disruptive Forces, Robert Dishner, Senior Portfolio Manager in Multi-Sector Fixed Income, sits down with Anu Rajakumar to share insights on what is currently happening in labor markets, what factors are impacting both the employment and unemployment pools and what could be expected in the months ahead for the workforce broadly.   This podcast includes general market commentary, general investment education and general information about Neuberger Berman. It is provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. This communication is not directed at any investor or category of investors and should not be regarded as investment advice or a suggestion to engage in or refrain from any investment-related course of action. Investment decisions should be made based on an investor's individual objectives and circumstances and in consultation with his or her advisors. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness, or reliability. All information is current as of the date of recording and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. This material may include estimates, outlooks, projections and other “forward-looking statements.” Due to a variety of factors, actual events or market behavior may differ significantly from any views expressed. Neuberger Berman products and services may not be available in all jurisdictions or to all client types. Diversification does not guarantee profit or protect against loss in declining markets. Investing entails risks including the possible loss of principal. Investments in hedge funds and private equity are speculative, involve a higher degree of risk than more traditional investments and are intended for sophisticated investors only. Indexes are unmanaged and are not available for direct investment. Past performance is no guarantee of future results.   Discussions of any specific sectors and companies are for informational purposes only. This material is not intended as a formal research report and should not be relied upon as a basis for making an investment decision. The firm, its employees and advisory accounts may hold positions of any companies discussed. Specific securities identified and described do not represent all of the securities purchased, sold or recommended for advisory clients. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. Any discussion of environmental, social and governance (ESG) factor and ratings are for informational purposes only and should not be relied upon as a basis for making an investment decision. ESG factors are one of many factors that may be considered when making investment decisions.    This material is being issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit http://www.nb.com/disclosure-global-communications for the specific entities and jurisdictional limitations and restrictions.    The “Neuberger Berman” name and logo are registered service marks of Neuberger Berman Group LLC.   (C) 2021 Neuberger Berman Group LLC. All rights reserved.

WorkforceRx with Futuro Health
Katie Nielson, Founder of EnGen: Tapping into the Hidden Workforce

WorkforceRx with Futuro Health

Play Episode Listen Later Nov 21, 2021 20:44


As U.S. employers continue to struggle to find workers, they may want to turn their attention to populations who have the skills they need but lack proficiency in English. This describes many people in immigrant and refugee populations who are currently overlooked by employers and make up part of what is called the "hidden workforce." On this episode of WorkforceRx, Katie Nielson, PhD, joins Futuro Health CEO Van Ton Quinlivan to describe how she works with employers to tap the potential of this talent pool. Nielson has a growing sense of urgency on this issue due to the fact that by 2030, every baby boomer will have reached retirement age and 97% of net workforce growth will be immigrants and their children. “The biggest barrier to integration in general and, definitely to promotion and advancement in the workforce, is English skills,” she says. “If we think about English as something that we can do to help upskill our workforce, then we'll be able to get those learners not just the English skills but also the workforce skills that they need to succeed.” Tune in to learn about Nielson's blend of tech-enabled study and interaction, the wisdom of taking a “backwards design” approach, and how workplace-based language programs can help employers achieve goals around diversity, equity and inclusion.

Capitalisn't
How Antitrust Failed Workers With Eric Posner

Capitalisn't

Play Episode Listen Later Nov 18, 2021 50:57


The monopoly power of massive tech platforms has thrust antitrust law back into the spotlight in recent years. But while everyone was focused on monopoly power, a handful of academics have actually been looking into monopsony power. Specifically, how employers in highly concentrated labor markets use anticompetitive methods to suppress wages. University of Chicago Law Professor Eric Posner has a new book out that tackles this issue called “How Antitrust Failed Workers”. He makes the case for why we need to use the mirror side of antitrust law to tackle the increasing monopsony power in the U.S.

The State of Business with the Ohio Society of CPAs
Achieving business goals in a tight labor market

The State of Business with the Ohio Society of CPAs

Play Episode Listen Later Nov 17, 2021 20:55


"Achieving business goals in a tight labor market" The Department of Labor said last week that 4.4 million people left their jobs in September, up from 4.3 million in August. Businesses are struggling to find qualified candidates to fill open roles and at the moment, this labor shortage doesn't appear to be changing anytime soon. This is an issue Jim Boland, partner-in-charge at Cohen & Company wrote about in a recent blog post titled: 3 Tactics to Help Fill Core Business Needs in a Tight Labor Environment. While dealing with the labor shortage, we discussed the tactics Jim said businesses can take to ensure their most important business needs are met, covering automation, flexibility and outsourcing.

Forward Thinking
Forward Thinking on making labor markets work smarter—for people and companies—with Beth Cobert and Byron Auguste

Forward Thinking

Play Episode Listen Later Nov 17, 2021 44:27


In this episode of the McKinsey Global Institute's Forward Thinking podcast, Michael Chui talks to Byron Auguste and Beth Cobert whose professional life is dedicated to fostering a more skills-based labor market. Their focus is on the United States, but their diagnostic can just as easily apply to other countries and regions. Both worked at McKinsey & Company for many years on labor-market issues before going on to work in the Obama administration. Today, Beth is the chief operating officer of the Markle Foundation and CEO of Skillful, a Markle Foundation initiative. Byron Auguste is the co-founder and CEO of Opportunity@Work. They answer questions including the following: — Who is actually working in the US labor market? — How does the language we use—“low skill”, “high skill”—cause problems? — What could a potential future of more of a skills-based workforce look like? — If employers and people want a skills-based workforce, why aren't we there already? — Do we all have to wait until there's some global skills taxonomy we all use? How does this thing evolve so that it actually becomes practical? This conversation was recorded in October 2021. To read a transcript of this episode, visit: https://mck.co/BethCobertByronAuguste Follow @McKinsey_MGI on Twitter and the McKinsey Global Institute on LinkedIn for more. Read more > Listen to the podcast (duration: 44:27) >

Intercepted with Jeremy Scahill
Strike Wave: Workers Flex Their Muscle in Tight Labor Market

Intercepted with Jeremy Scahill

Play Episode Listen Later Nov 10, 2021 44:54


Since January, there have been nearly 300 strikes throughout the U.S. This week on Intercepted: a look at the labor movement in 2021. Last week, tens of thousands of Kaiser Permanente health care workers announced that they will go on strike on November 15 if a collective bargaining agreement is not reached. If they take to the picket line, they will join hundreds of thousands of other workers nationwide who have used their labor power to demand better wages and working conditions in the aftermath of the Covid-19 pandemic. We hear from Kaiser Permanente workers, and then Labor Notes' Jonah Furman joins The Intercept's Washington Editor Nausicaa Renner to discuss this year's strike wave, the continued strike at John Deere, and the political implications of 2021's rise in labor activism. join.theintercept.com/donate/now See acast.com/privacy for privacy and opt-out information.

Real Vision Presents...
The FOMC Meeting Begins as the Labor Market Recovery Shows Promise

Real Vision Presents...

Play Episode Listen Later Nov 4, 2021 33:31


DB-Nov 03,2021: The FOMC meeting begins today as Fed officials come together to decide on the tapering of their asset purchase program. The economic recovery seems to be slowly but surely underway with the ADP survey for October demonstrating unexpected strength with a 571,000 gain in jobs and the ISM Services index showing rapid growth at 66.7%. Darius Dale, founder and CEO of 42 Macro, joins the Daily Briefing to provide his overview of these developments and how this will influence economic growth. He also explores where bond yields are headed after the Fed announces the course of policy, what sectors are poised for outperformance, and the drivers behind crypto's explosive run as Ethereum hits its new all-time high. Interviewed by Maggie Lake. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3k39MBl Learn more about your ad choices. Visit megaphone.fm/adchoices

The tastytrade network
Jones and Grace - November 3, 2021 - Fed Starts Tapering Bond Purchases Zillow Tanks and Labor Markets Look Strong

The tastytrade network

Play Episode Listen Later Nov 3, 2021 86:29


The tastytrade network
Jones and Grace - November 3, 2021 - Fed Starts Tapering Bond Purchases Zillow Tanks and Labor Markets Look Strong

The tastytrade network

Play Episode Listen Later Nov 3, 2021 87:20


Marketplace with Kai Ryssdal
The labor market and consumer confidence are diverging

Marketplace with Kai Ryssdal

Play Episode Listen Later Nov 1, 2021 27:53


Usually, people's feelings about the labor market and the larger economy mirror one another. Recent surveys show that’s no longer the case. Why? Experts are pointing fingers at inflation and the uncertainty wrought by the pandemic. Later on in the show, we’ll also explore how minimizing economic inequality could better prepare the country for the next pandemic, hear how “dirty steel” plays into the U.S.-China trade war and see why England’s Stratford-upon-Avon is hosting a “mop fair.”

Marketplace All-in-One
The labor market and consumer confidence are diverging

Marketplace All-in-One

Play Episode Listen Later Nov 1, 2021 27:53


Usually, people's feelings about the labor market and the larger economy mirror one another. Recent surveys show that’s no longer the case. Why? Experts are pointing fingers at inflation and the uncertainty wrought by the pandemic. Later on in the show, we’ll also explore how minimizing economic inequality could better prepare the country for the next pandemic, hear how “dirty steel” plays into the U.S.-China trade war and see why England’s Stratford-upon-Avon is hosting a “mop fair.”

The IBJ Podcast
Indiana‘s workforce leader talks unemployment, the labor market and the minimum wage

The IBJ Podcast

Play Episode Listen Later Nov 1, 2021 34:38


Indiana's unemployment rate inched down to 4% in September, but what does that actually mean? How many people are in the Indiana workforce? And why are so many companies struggling to find workers? Host Mason King talks with Fred Payne, commissioner of the Indiana Department of Workforce Development, about what the state is doing to help more Hoosiers find jobs and more companies find workers.  Plus, King quizzes Payne about whether Indiana should join most of its neighbors in raising the minimum wage. The IBJ Podcast is brought to you by Taft.

Wealth Academy Podcast - Wealth Is More Than Just Money
149 The Financial Implications Of Americans Not Returning To Work After The Pandemic

Wealth Academy Podcast - Wealth Is More Than Just Money

Play Episode Listen Later Oct 30, 2021 16:12


Millions of lost positions have yet to return to the job market but there are near-record job openings and job growth has been slower than expected in recent months. Enhanced unemployment benefits ended nationwide on Labor Day, and even sooner in many states. So far, evidence suggests benefits didn't play a big role in sidelining workers.Other factors are at play, according to economists. They include Covid health risks, early retirements, care duties, built-up savings, and other frictions. On the surface, conditions may seem ripe for a boom in the U.S. labor market.There are still 5 million fewer jobs than before the pandemic but job openings are near record highs. And hourly pay has risen, in some sectors by more than 10% in a year. Meanwhile, enhanced federal unemployment benefits ended on Labor Day (or sooner) and kids are largely back in the classroom. Both enhanced jobless pay and distance learning, it was thought, had been roadblocks keeping people from returning to work.However, that boom hasn't materialized in recent months — at least, not at the rate, many expected. Job growth slowed in September after surging in the spring and early summer, and the labor force shrank.CovidHealth risks associated with the ongoing Covid pandemic have clearly played a role in recent months, according to economists.Job growth slowed in August and September when caseloads were spiking due to the delta variant. (There were 366,000 and 194,000 new payrolls added those months, respectively, compared to 1.1 million in July and 962,000 in June.)  Early retirementsEarly retirements have also reduced the pool of available workers. Older adults are at higher risk of severe illness and death from Covid. They may have opted to start drawing Social Security and live off their nest egg instead of taking a risk at work, economists said. Grandparents may have also offered to watch their grandkids and ease childcare duties for working parents.Care responsibilitiesCare responsibilities have made it tough for some workers — especially those who can't work from home — to come off the sidelines. For example, many schools reopened for in-person learning for the new academic year, helping ease childcare constraints for parents. But Covid outbreaks have led to sporadic quarantine periods that may stress parents' ability to hold or commit to a steady job.SavingsHouseholds across the income scale have been able to amass higher savings relative to pre-pandemic levels. Cash balances were up 50% for the typical household in July 2021 relative to two years earlier, according to the JPMorgan Chase Institute.“People might feel with a little extra buffer on hand, that they have a little more time to wait,” said Fiona Greig, co-president of the institute. “They don't have to find a job this moment.”WagesThere may be near-record job openings — but that doesn't necessarily mean businesses are paying a wage workers will accept.ages have risen more than $1 an hour, or 4.5%, in the past year across all private-sector jobs, according to the Bureau of Labor Statistics. Some sectors are up more — leisure and hospitality pay is up 11%, to $18.95 an hour, for example. The Bureau attributes the upward pressure on earnings to a rising demand for labor. It will take timeIt will also take a while to work out some of the frictions that have built up in the labor market in the past year and a half, economists said.Jobless workers have had ample time during the pandemic to reassess their working lives and what they want from a job. Some may opt to switch careers. The available jobs may also not be in a worker's prior occupational field or in their geographical area.Get Paul Lawrence Vann's five FREE financial tips for improving your finances  https://bit.ly/3jNrWHe  

Real Vision Presents...
Stumbling Supply Chains, Stirring Inflation, and a Stagnant Labor Market

Real Vision Presents...

Play Episode Listen Later Oct 30, 2021 46:13


DB-Oct 29,2021: The Core PCE Index's rise of 3.6% is the latest inflation pressure that has the markets beat. Real Vision CEO and co-founder Raoul Pal joins to unpack the latest in the supply chain deterioration saga amid a weak labor market. With Facebook's latest announcement to change the company's name to Meta, Raoul discusses why the metaverse is an entirely new layer of GDP with endless possibilities for crypto, NFTs, and social tokens. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3w0ExvE Learn more about your ad choices. Visit megaphone.fm/adchoices

WashingtonWise Investor
Reading the Signs of Change and Finding Opportunity

WashingtonWise Investor

Play Episode Listen Later Oct 28, 2021 36:06


In this episode of WashingtonWise Investor, Mike Townsend continues his discussion with Liz Ann Sonders, Schwab's chief investment strategist. They dive into the myriad changes currently buffeting the economy, including reductions in the labor market, bottlenecks in the supply chain, evolving views on work/life balance, and new policies coming out of Washington. Liz Ann shares her perspective on what it all means for the markets, where investors might find opportunities, and what investors should be watching for in the months ahead.Mike provides updates on the latest developments in the fast-moving debate over economic legislation on Capitol Hill and the potential for a very different approach to tax increases. He also discusses the prospects for the long-delayed infrastructure bill, a new report from the SEC on the "meme stock" trading frenzy, and why the new head of the Consumer Financial Protection Bureau is someone to watch.WashingtonWise Investor is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts.Important Disclosures:The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.Investing involves risk, including loss of principal.All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Currencies are speculative, very volatile and are not suitable for all investors.Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions.Correlation is a statistical measure of how two investments have historically moved in relation to each other, and ranges from -1 to +1. A correlation of 1 indicates a perfect positive correlation, while a correlation of -1 indicates a perfect negative correlation. A correlation of zero means the assets are not correlated. Diversification, asset allocation, and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Rebalancing may cause investors to incur transaction costs and, when a nonretirement account is rebalanced, taxable events may be created that may affect your tax liability.(1021-1L2H)

Political Economy with James Pethokoukis
Michael Strain: The state of the labor market

Political Economy with James Pethokoukis

Play Episode Listen Later Oct 27, 2021


The COVID-19 pandemic has interrupted supply chains and disrupted the US economy. Production levels are back on track, but the labor force participation rate has remained stagnant since the summer of 2020. And millions of Americans are quitting their jobs in a labor market that was already facing a shortage of workers. What’s going on with this “Great Resignation”? And should we brace ourselves for continued inflation as supply line problems drag on and Congress pumps trillions into the economy? To answer those questions and more, I’m joined today by Michael Strain. Mike is the Arthur F. Burns Scholar in Political Economy and the Director of Economic Policy Studies at AEI.

The Ricochet Audio Network Superfeed
Political Economy with James Pethokoukis: Michael Strain: The state of the labor market

The Ricochet Audio Network Superfeed

Play Episode Listen Later Oct 27, 2021


The COVID-19 pandemic has interrupted supply chains and disrupted the US economy. Production levels are back on track, but the labor force participation rate has remained stagnant since the summer of 2020. And millions of Americans are quitting their jobs in a labor market that was already facing a shortage of workers. What’s going on […]

Chicago's Morning Answer with Dan Proft & Amy Jacobson

0:00 - Dan & Amy react to last evening's CNN Town Hall with Joe Biden 14:45 - Dan & Amy discuss recent lawsuits filed against school districts in IL 45:00 - Martin Kulldorff, Professor at Harvard University Medical School and Brigham and Women's Hospital: Covid, lockdown and the retreat of scientific debate. Follow Martin Kulldorff on twitterhere 01:02:40 - Darren Bailey, member of the Illinois Senate for the 55th district and candidate for Governor, has put forward important voting rights legislation and fights for your right to choose. For more on Darren Bailey's run for Governor baileyforillinois.com. 01:19:47 - Ashley Jacobs, Executive Director at ParentsUnited.org, takes on Merrick Garland and his House Judiciary Committee testimony. Fore more on Ashley Jacobs – parentsunited.org 01:35:17 - Casey Mulligan, professor of economics at the University of Chicago who served as the chief economist of the White House Council of Economic Advisers in 2018–19: ‘Build Back Better' Would Sink the Labor Market. Purchase Casey Mulligan's book You're Hired! Untold Successes and Failures of a Populist President here 01:49:07 - Open Mic Friday! See omnystudio.com/listener for privacy information.

The Indicator from Planet Money
Labor market trick or treat

The Indicator from Planet Money

Play Episode Listen Later Oct 19, 2021 9:37


Trick or treat! As we all know, some indicators are sweet, but others are scary. Luckily, one economist is here to help us separate the tricks from the treats in our labor market.

WorkforceRx with Futuro Health
Maria Flynn, President & CEO of Jobs for the Future: Now Is the Time to Ask the Hard Questions

WorkforceRx with Futuro Health

Play Episode Listen Later Oct 19, 2021 35:04


The combination of a unique economic moment and major new funding out of Washington is creating an opportunity to rethink workforce development policies and programs. But will the tough questions be asked that will lead to a significant reshaping of the nation's approach? Maria Flynn, president and CEO of Jobs for the Future, is hopeful, but is not yet seeing the “blue sky redesign” discussion she thinks is necessary. “We are largely operating public systems that were designed for a different era. A lot of the conversations now are about funding but are not questioning those underlying assumptions of 'are these the systems that we need for today and the future'? My answer to that is largely no,” says Flynn.  There's a lot to learn in this probing conversation with Futuro Health CEO Van Ton Quinlivan about transforming American education and workforce systems, the growing corporate role in education, helping employers deliver on diversity, strategies to boost innovation, taking a regional approach to economic development and much more.

WSJ What’s News
Unions Leverage Their Strength in Tight Labor Market

WSJ What’s News

Play Episode Listen Later Oct 18, 2021 14:34


P.M. Edition for Oct. 18. Last week, workers at Deere held a walkout, the first in more than three decades. And this weekend, Hollywood narrowly averted a production shutdown. Are labor unions having a moment? Reporter Jesse Newman joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill Handel on Demand
The Bill Handel Show - 7a - Colin Powell's Passing and Labor Market Leverage

Bill Handel on Demand

Play Episode Listen Later Oct 18, 2021 30:44


Bill Handel on the life and death of Military Leader and Secretary of State Colin Powell, the kidnapping of American missionaries in Haiti, and strikes are sweeping the labor market as workers wield new leverage.

How to Succeed Podcast
How to Succeed at Hiring in a Tight Labor Market

How to Succeed Podcast

Play Episode Listen Later Oct 18, 2021 20:50


Mike Montague interviews Cal Thomas on How to Succeed at Hiring in a Tight Labor Market.   In this episode: The best attitude, behavior, and technique on how to succeed at hiring in a tight labor market Have a plan and actively execute it Thoughts become things 10% of your time should be in recruiting mode Hire slowly, fire quickly You need a pipeline Use the S.E.A.R.C.H. model Create a diverse team Use behavioral interviews Ask your employees to help you recruit new employees Podcast: https://howtosucceed.libsyn.com/ iTunes: https://itunes.apple.com/us/podcast/how-to-succeed-podcast-by/id1097591566 Spotify: https://open.spotify.com/show/00JoVzRtMzmQB5Ae5RWWQZ   The How to Succeed Podcast is a public and free podcast from Sandler Training, the worldwide leader in sales, management, and customer service training for individuals all the way up to Fortune 500 companies with over 250 locations around the globe.   Find white papers, webinars, and more in our free Sandler E-Learning Library: https://www.sandler.com/sell   Don't forget to subscribe and leave us a comment!

Millionaire Mindcast
Rates Rising, Labor Market Lacks, And Inflation Gains Momentum | WBW

Millionaire Mindcast

Play Episode Listen Later Oct 13, 2021 45:07


In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell jump into this past week's updates on world news, market updates, and real estate.  News on rates rising, labor market, and inflation gains momentum. This and more on today's episode. Tune in, Enjoy!  Enter giveaway @ Go.MillionaireMindcast.com Text us at @ 844.447.1555 Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

The Goldmine
Radically Changing Labor Market

The Goldmine

Play Episode Listen Later Oct 11, 2021 4:16


"These days, the labor market is even more unusually dynamic than typical. It is not an exaggeration to suggest it is in the midst of a radical transformation." - Barry RitholtzFor more visit: The Big PictureFor disclosure information please visit: https://ritholtzwealth.com/blog-disclosures/ See acast.com/privacy for privacy and opt-out information.

Marketplace with Kai Ryssdal
A hot labor market won’t close the gaps in this economy

Marketplace with Kai Ryssdal

Play Episode Listen Later Sep 9, 2021 25:32


First-time jobless claims dropped to their lowest point since March of last year. But with many industries still seeing labor shortages, what do the numbers really say about the state of the economic recovery? And how can we build back a more equitable labor market, closing racial unemployment gaps? That’s where we’re starting off on today’s show. Plus: Airline earnings, Biden’s vaccine mandates and a legacy of 9/11 at work you probably don’t even notice.