#labor-market-weakness

#labor-market-weakness

If the Strait of Hormuz remains closed, I'll be happy if they only stayed at $4 a gallon. This situation is bound to impact budgets for commuters significantly.

"Men's time doing housework is about the same as it was in the 1970s, and that's true whether or not the woman earns more money or the man earns more money."

Employers added 178,000 jobs last month, much more than forecasters had expected, reversing big job losses in February and indicating a rebound in the labor market.

'Walmart Worries' just keep multiplying. It's currently close to the highest level ever recorded which was during the Great Financial Crisis of 2008-09.

At least 125 employees, which is more than 20% of the company's workforce, were let go as Underdog shifts away from some of its traditional offerings and leans more heavily into prediction markets. Teams in fraud operations, marketing, customer support, and product were among those affected.

The job market is struggling in the face of so many headwinds. Companies are going to be even more reluctant to hire this spring until the war ends and they can see consumers still spending. It's a tense time for the U.S. economy.

California's booming economy is one of the world's largest, but a peek behind the curtain exposes the forbidding reality of a statewide job market that is ranked as one of the nation's worst. There's no sugarcoating the situation in California. Our economic growth is weak compared to other states, said Jeff Bellisario, executive director of the Bay Area Council Economic Institute.

Although De Noire is based in Europe, she believes that economic upheaval in the United States "triggers huge uncertainty" across the pond because of America's global influence. De Noire first noticed a decline in business right after Donald Trump was elected in November 2024, as Americans and the rest of the world anticipated upheaval. "I didn't even bother working South by Southwest because the first Friday night I attempted to work, I walked into a completely empty club and didn't make any money at all,"

The average perceived probability of finding a job if one's current role was lost fell to 43.1% in December 2025, a 4.2% drop from the year before, according to recent data from the Federal Reserve Bank of New York. It marks a record low since the surveys started tracking the data back in 2013, and the report notes that several demographics are driving rock-bottom employment expectations.

On Wednesday, the government reported that U.S. employers added a surprisingly strong 130,000 jobs in January and the unemployment rate fell to a still-low 4.3% from 4.4%. However, government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands. That reduced the number of jobs created last year to just 181,000, a third of the previously reported 584,000 and the weakest since the pandemic year of 2020.