National

Nashville's healthcare job openings far outpace available workers

Macro

Axios Macro

Low unemployment, but job worries persist

What October's jobs report means for Fed monetary policy

"Strong hire, low fire" labor market surprises economists

A line chart that shows the three-month moving average of monthly U.S. payroll employment change from January 2025 to October 2026. The average falls from 107,667 in January 2025 to a low of minus 44,667 in October 2025, then rises to a peak of 141,667 in May 2026 and ends at 137,000.

Average monthly change in U.S. payroll employment

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios

U.S. labor market zooms ahead with 165,000 jobs added in October

A column chart that shows monthly changes in U.S. nonfarm payrolls from January to October 2026. Payrolls rose 160,000 in January, fell to a low of minus 156,000 in February, then reached a high of 214,000 in March. Gains slowed midyear before rebounding to 165,000 in October.

Change in U.S. nonfarm payrolls

Strong Q3 labor output shows a productivity surge

A column chart that shows quarterly annualized changes in U.S. nonfarm business output per hour of labor from Q3 2024 to Q3 2026. Productivity moves from 3.4% in Q3 2024 to -0.1% in Q1 2025, peaks at 4.5% in Q3 2025, then reaches 3.6% in Q3 2026.

Change in U.S. output per hour of labor

Data: Bureau of Labor Statistics; Chart: Neil Irwin/Axios

The state of economic policy after Democrats' big win

New data shows labor market strength in September

A line chart that shows the monthly job openings rate from September 2023 to September 2026. The rate falls from 5.6% in September 2023 to a low of 4.0% in December 2025, then edges up to 4.5% by September 2026. Most readings in 2025 and 2026 stay between 4.1% and 4.6%.

Job openings rate

AI job displacement is looking extra painful

Axios Live: How employers are rethinking AI's role in entry-level work

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