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Real-time labor-market information (LMI) is the generation of data on labor demand from open Internet sources. Real-time feeds give an immediate view into conditions that trades precision for currency.
The decline in job openings reflects a labor market that has slowed back to a pre-pandemic pace after experiencing years of blockbuster growth: The rate of openings as a percentage of total ...
Unit labor costs - the price of labor per single unit of output - increased at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said.
The US labor market entered a new gear in the second half of 2024. Low-hire, low-fire. "We are in a 'low-hire, low-fire' environment," Bank of America's lead economist Aditya Bhave said in a note ...
The US labor market just finished a year that many thought would see a recession with one of the highest 12-month job totals seen in the last decade.. Including an unexpectedly strong December ...
The labor force is the actual number of people available for work and is the sum of the employed and the unemployed. The U.S. labor force reached a record high of 168.7 million civilians in September 2024. [1] In February 2020, at the start of the COVID-19 pandemic in the United States, there were 164.6 million civilians in the labor force. [2]
"Labor market conditions remain very strong, and the economy is returning to a better balance between the demand for and supply of workers," Fed Chair Jerome Powell said in a speech on Dec. 1.
The Quarterly Census of Employment and Wages (QCEW, aka ES-202) is a program of the Bureau of Labor Statistics in the US Department of Labor that produces a comprehensive tabulation of employment and wage information for workers covered by state unemployment insurance (UI) laws, as reported to state workforce agencies (SWAs [1]) and the Unemployment Compensation for Federal Employees (UCFE ...