May 7, 2017

College grads struggle finding substantial work

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Growing divide between the two Americas

Illustration: Aïda Amer/Axios

Life in the U.S. is increasingly divided into two realities — one in which things have almost never been better and another in which it's hard to imagine them being worse.

Driving the news: Bankruptcies led more companies to announce job cuts last year than at any time in more than a decade, WSJ's Aisha Al-Muslim reports (subscription), citing data from outplacement firm Challenger, Gray and Christmas.

Go deeperArrowJan 3, 2020

U.S. economy adds 145,000 jobs in final report of 2019

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The U.S. economy added 145,000 jobs in December, the government said on Friday, below economists’ expectations of 160,000. The unemployment rate held at 3.5% — a 50-year low — while wages grew 2.9% from a year earlier, the smallest gain since July 2018.

Why it matters: The U.S. job market held up in the final month of 2019, but heads into the election year with a slowing pace of job creation and wage growth.

Go deeperArrowJan 10, 2020

The new relocation test: Jobs for spouses

Illustration: Aïda Amer/Axios

The rise of dual-career couples has contributed to lower mobility rates between cities and has made it harder to recruit workers to smaller job markets.

Why it matters: Moving to a different town for a job opportunity was more common when most households had one primary earner. Now that the majority of households rely on two incomes, relocating requires finding two good jobs instead of one — a much harder proposition for many couples.

Go deeperArrowDec 31, 2019