All Jobs stories

What economists expect from the August jobs report

A man walks by a "Now Hiring" sign outside a store in Arlington, Va. Photo: Olivier Douliery/AFP via Getty Images

The next U.S. jobs report could be a big market-moving event.

Why it matters: The Fed wants to know if the U.S. labor market has made “substantial further progress,” the vague threshold that would give the FOMC the confidence to dial back some of its emergency bond purchase program.

Hope King, author of Closer
Aug 30, 2021 - Economy & Business

July sees remarkable return of incomes after massive hiring spree

Illustration: Eniola Odetunde/Axios

Incomes got a sizable boost in July. Nominal personal income grew 1.1% to $20.67 trillion during the month, accelerating from June's 0.2% monthly rise, according to Friday’s government figures.

Why it matters: July’s hiring spree and expanded child tax credits drove that growth.

Fed chair says economic support could be dialed back this year

A television on the floor of the New York Stock Exvhange broadcasts Jerome Powell speaking last month. (Photo: Michael Nagle/Bloomberg via Getty Images)

Federal Reserve chairman Jerome Powell gave the strongest signal yet that some pandemic-era support that's bolstered the economy and stock market might go away this year. But he stopped short of a firm commitment and timeline.

Why it matters: In a closely-watched speech, Powell was upbeat on the recovery — though he warned about the Delta variant and "harmful effects" of winding down support too soon.

Aug 26, 2021 - Economy & Business

The rise of women in the gig economy

Illustration: Rae Cook/Axios

Women have been joining the gig workforce at a rapid clip during the pandemic.

Why it matters: Gigs offer the flexibility that so many working women seek, but the jobs can come with low, unstable wages.

Kate Marino, author of Markets
Aug 25, 2021 - Economy & Business

U.S. workforce bullish on job security despite Delta variant

Source: Morning Consult/Axios Inequality Index; Chart: Axios Visuals

Even as the Delta variant continues to spread across the U.S., America’s workforce is relatively unconcerned about its job security.

Driving the news: According to the latest Morning Consult/Axios Inequality Index survey, the share of individuals who think they might lose their jobs in the next four weeks is far lower than when the wave of COVID outbreaks hit last fall.

Aug 25, 2021 - Economy & Business

WeWork expands hour-at-a-time office bookings

Illustration: Sarah Grillo/Axios

WeWork's OnDemand product that lets anyone book office space for an hour at a time is going international, expanding from the U.S. to the United Kingdom, Ireland, Singapore and Australia.

The big picture: The pandemic has given rise to a remote and hybrid work revolution, but that doesn't always mean working from home. WeWork is betting that "third workplaces" — like its offices around the world — will become hotspots for teleworkers.

California judge: Uber, Lyft not exempt from classifying drivers as employees

Photo: Mel Melcon/Los Angeles Times via Getty Images

A California judge on Friday ruled that a 2020 ballot measure exempting gig companies from providing benefits for its workers is unconstitutional, the Sacramento Bee reports.

Why it matters: California voters approved the measure last November, ensuring gig companies aren't required to make their drivers employees. The victory gave the industry a playbook for facing labor movements nationwide.

Largest U.S. labor organization elects first female president

New AFL-CIO President Liz Shuler. Photo: Seb Daly/Sportsfile via Getty Images

The largest U.S. labor organization on Friday elected Liz Shuler as its first female president.

The big picture: The AFL-CIO also elected Fred Redmond to serve as secretary-treasurer, making him the first Black person to hold the organization's No. 2 post.

Labor shortage has employers scrambling to offer new perks

Balloons tied to a suitcase. Illustration: Annelise Capossela/Axios

Companies are rolling out perks at a feverish clip to lure employees.

Why it matters: The economy is roaring back. Companies are pulling out all stops to win over the workers they need to meet demand.

Aug 17, 2021 - Health

Vaccine mandates sweep Corporate America

Illustration: Brendan Lynch/Axios

Companies are acting where government is not and pushing workers to get the jab to get the job.

Driving the news: The share of job postings on Indeed requiring vaccination has jumped 90% in just the last month.