5/31/2023 0 Comments Goodtimes application![]() ![]() Gig Workers: Labor activists hoped President Biden would tackle gig worker issues aggressively.August Jobs Report: Job growth slowed in August but stayed solid, suggesting that the labor market recovery remains resilient, even as companies pull back on hiring.The State of Jobs in the United States Economists have been surprised by recent strength in the labor market, as the Federal Reserve tries to engineer a slowdown and tame inflation. Black Employment: Black workers saw wages and employment rates go up in the wake of the pandemic.But a year and a half into his presidency, little has been done at the federal level. Slow Wage Growth: Pay has been rising rapidly for workers at the top and the bottom.But as the Federal Reserve tries to tame inflation, those gains could be eroded. But things haven’t been so positive for all professions, especially pharmacists. That disparity might account for the muted sense of achievement. “It’s a time of prosperity, a time of abundance, and yet it doesn’t seem that way,” said Andy Walden, vice president of enterprise research at Black Knight, which analyzes financial data. “We are very fortunate right now given the situation for many others during the pandemic,” said Mr. ![]() McCauley, 36, who works for a data orchestration company. “Somehow we are doing even better financially, and it feels a bit awkward.”Įven for those doing well, the economy feels precarious. ![]()
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