All Jobs stories

Axios AM Deep Dive: The Fed

Photo illustration: Aïda Amer/Axios. Photo: Alex Wong/Getty Images

A look at the growing role of the U.S. Federal Reserve — one of the most important economic stories in the world.

The industries with the fastest job rebound

Expand chart
Data: White House Council of Economic Advisers; Chart: Will Chase/Axios

Some industries have more workers now than they did pre-pandemic, including couriers and messengers (naturally) and garden supply stores.

The big picture: Even with March's gain, jobs in the leisure and hospitality sector have the longest road to recovery. The March jobs report was a blowout, with gains across industries — a sign that the labor market recovery is picking up speed.

Go deeper: U.S. economy added 916,000 jobs in March, crushing expectations

U.S. economy added 916,000 jobs in March, crushing expectations

President Biden at his first Cabinet meeting yesterday. Photo: Drew Angerer/Getty Images

The U.S. economy added a whopping 916,000 jobs last month, while the unemployment rate fell to 6% from 6.2%, the government said on Friday.

Why it matters: The blowout job gains show how vaccines and the economic reopening are juicing the battered labor market. Economists had been expecting an increase of 675,000.

Amtrak unveils vision of expanded rail map under Biden's infrastructure plan

The proposed map for an expanded rail service by Amtrak. Photo: Amtrak.

Amtrak released a proposed map Wednesday of an expanded U.S. rail system that could be built with funding from President Biden's infrastructure plan.

Why it matters: The expanded rail system — funded with the $80 billion Biden's infrastructure plan allocates to rail specifically—would "create jobs, improve the quality of life, reduce carbon emissions and generate economic growth,” Amtrak said in a statement.

Ina Fried, author of Login
Apr 1, 2021 - Technology

Exclusive: Survey results show concerns of women in tech

The Twitter, Facebook and Instagram logos on an iPhone screen. Photo: Tom Weller/DeFodi Images via Getty Images

"Bro" culture, gender bias and micromanagement were top concerns among women in tech who were dissatisfied with their employers, according to a survey from Elpha, the results of which were shared first with Axios.

Why it matters: Hiring bias is only one cause of tech's gender imbalance. Another problem is that women leave the industry because they find the environment works against their success.

Slack CEO: More companies will be "digital first" post-pandemic

Photo: Axios

In the wake of the pandemic, more companies will begin "going digital first," prioritizing their digital infrastructures over physical office spaces, Slack CEO Stewart Butterfield said Wednesday during an Axios virtual event.

Why it matters: The pandemic has accelerated pre-existing trends towards digitalization and prompted some companies to undergo digital transformations that otherwise may have taken them much longer, Butterfield said.

Dion Rabouin, author of Markets
Mar 31, 2021 - Economy & Business

Rebounding confidence suggests big March jobs number

Data: The Conference Board; Chart: Axios Visuals

Confidence is returning to U.S. consumers as the government ramps up big spending programs that are putting money directly in Americans' bank accounts and COVID-19 vaccinations increase.

Why it matters: The return of confidence itself is reassuring, but more economists also are expecting that a major increase in hiring this month is behind the improvement.

Erica Pandey, author of @Work
Mar 31, 2021 - Economy & Business

What's next at work after the coronavirus pandemic

Illustration: Aïda Amer/Axios

We've recapped how the pandemic upended the working world, but what's coming next?

The big picture: As vaccinations send people back to work and the world comes out of pandemic hibernation, these are the biggest trends to watch for in the workplace this year, according to experts.

Mar 30, 2021 - World

U.S. women won’t reach pay equity with men for at least 60 years

Data: WEF; Chart: Axios Visuals

Despite some progress, it will take women in North America approximately 61.5 years to have economic parity with men according to the World Economic Forum's Global Gender Gap Report for 2021.

Why it matters: Women in the U.S. have made strides in political representation, but they still lag behind men in job market participation and income, according to the report.

Luján: Diversifying New Mexico's economy will bring in more "homegrown" opportunities

New Mexico Sen. Ben Ray Luján (D) said at an Axios event Tuesday that diversifying New Mexico's economy will create "homegrown" opportunities, providing a different type of job security for workers who rely on oil and gas industries.

Why it matters: Politicians have sparred over environmental justice and its impact on workers in the oil and gas industries. But even major oil and gas producers across the U.S. are making changes now, Luján said, which means New Mexico needs to move fast about planning for the future.