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Analysis Highlights Unusual Trends in US Labor Market
An analysis describes the current US labor market as 'the weirdest ever seen,' noting weak demand for labor and job destruction in government sectors, which should increase unemployment, but is offset by a significant plunge in labor supply.
3 Apr, 15:49 — 3 Apr, 17:49
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L1
Far Left (1)
NYT
Left
Center
Right1
Right (1)
wolf-street
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
NYTMostly Factual4h ago
Why Is the Labor Market Stuck?
Our chief economics correspondent, Ben Casselman, describes how a “low-hire, low-fire” labor market has left American job-seekers in a bind.
By Ben Casselman, Sutton Raphael, June Kim, Nour Idriss and Christina Djossa
Read full article →wolf-streetMixed2h ago
This is the Weirdest US Labor Market I’ve Ever Seen
Demand for labor is weak amid job destruction at federal & state governments, which should push up unemployment. But the supply of labor has plunged.
By Wolf Richter
Read full article →Coverage Timeline
First report: NYT · 3 Apr, 15:49|Full coverage: 2 · 2h|Window: 2h
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