Jobs

The big picture

New survey shows companies are open to moving to cheaper locales

Remote work — accelerated by the pandemic — has made it easier for companies to seek out less expensive regions

Jan 19, 2021 - Economy & Business
How the pandemic will reshape the job market

Some lost jobs will never come back.

Jun 23, 2020 - Economy & Business
Coronavirus could upend traditional workweeks

And working parents could hugely benefit.

Jun 16, 2020 - Economy & Business
What offices might look like as America returns to work

Say goodbye to snack jars and office gyms.

Jun 16, 2020 - Economy & Business
A reckoning for small business

Millions of businesses might not survive — and many of the tens of millions of jobs they support could evaporate.

May 23, 2020 - Economy & Business
The aging future of work

The tightening labor market is opening up new opportunities for American workers over age 50.

Feb 12, 2020 - Economy & Business

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July forecasts call for job, wage growth

Expand chart
Data: FRED. Chart: Sara Wise/Axios

Economists say job momentum continued in July with 620,000 payroll jobs added. If they're right, it helps chip away at the 6.8 million still needed for a full healing.

  • The unemployment rate could slip to 5.8%, matching a pandemic-era low.
  • Wages are expected to grow 0.2% after gaining 0.3% in June.

The big question is whether it's all enough to entice more sidelined workers back into the job market.

  • The so-called labor force participation rate has barely budged in months.

1 fun thing: A job for taco lovers

Illustration: Aïda Amer/Axios

Wanted: Director of Taco Relations

  • Spice company McCormick announced it's hiring for that tasty title — a four-month gig that pays $100,000, Sam writes.
  • Responsibilities include: "Taste test and consult on inspirational and approachable taco recipes" ... "Debate the ultimate controversial taco topic: soft or hard shell taco?"

Between the shells: With so many choices for workers, short-term gigs have become a lot more interesting.

Pics of the day: Help wanted

Photo: Ben Hasty/Reading Eagle via Getty Images

An aggressive offer in Sinking Spring, Pa.

Spotted at Chicago O'Hare.

Axios AM Deep Dive: Inside the jobs Bonanza

Illustration: Shoshana Gordon/Axios

This Deep Dive on jobs by the Axios business team looks at the incredible state of the U.S. jobs market and how employers, employees and job seekers are navigating this unprecedented moment.

Updated Jul 29, 2021 - Economy & Business

U.S. economy grew at a 6.5% rate last quarter, missing expectations

Contractors work on a home under construction. (Photo: Micah Green/Bloomberg via Getty Images)

The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected.

Why it matters: It came as the economy made strides toward further reopening, vaccinations rolled out and government stimulus bolstered spending. But supply crunches held the pace of growth back.

Jul 29, 2021 - Economy & Business

Stat of the day: 38% of remote workers work from bed

British actor Michael Caine. Photo: Larry Ellis/Express/Getty Images

Forget the home office — 45% of American teleworkers regularly work from a couch, 38% regularly work from bed and 20% often work outside, according to a study by the home improvement marketing firm CraftJack.

Why it matters: Home offices are a luxury.

Updated Jul 28, 2021 - Economy & Business

Fed acknowledges economic progress, maintains supportive policy

Jerome Powell. Photo: Al Drago/Bloomberg via Getty Images

The Federal Reserve said Wednesday that the economy has made progress, but reiterated its commitment to keep monetary policy loose and stimulative.

Why it matters: The rapid economic recovery has caused the prices for some goods and services to jump, causing measures like the core PCE price index to rise above the Fed’s target for an average of 2%.

Job market optimism among Americans hits 21-year high

Data: The Conference Board; Chart: Axios Visuals

American workers are increasingly optimistic about their options.

Why it matters: Employers are scrambling to find workers as demand for goods and services has been booming.

Jul 27, 2021 - Economy & Business

The end of long-distance relationships

Illustration: Annelise Capossela/Axios

Jobs have always taken people to new cities, states or even countries — ending millions of relationships, or turning them into long distance ones. Telework may be a fix.

Why it matters: Often we made personal relationships remote to prioritize in-person work. Now work could become the part of life that's remote, allowing relationships to get that valuable in-person investment instead.

Bryan Walsh, author of Future
Jul 26, 2021 - Economy & Business

Companies tap a new talent base: their own

Illustration: Brendan Lynch/Axios

A startup is offering an internal marketplace tool for companies to better identify and cultivate talent among their own workers.

Why it matters: With the "great resignation" upon us and companies desperate to find new workers, one often-untapped source of talent is internal workforces.

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