US on a 'two-track labor market' for skilled work: Economist
The US Bureau of Labor Statistics' jobs report revealed that the US economy added 175,000 jobs in April, below expectations of 240,000, with annual wage growth also below expectations at 3.9%. Although numbers came in below expectations, some sectors fared better than others when adding jobs and increasing wages.
Glassdoor Chief Economist Aaron Terrazas joins The Morning Brief to give insight into the April jobs report and how it paints a picture of the current job market landscape.
Terrazas elaborates on the type of companies that are hiring and where wages stand: "They're two very different groups of companies right now. Companies that hire kind of workers with graduate degrees, they have pulled back on hiring, pulled back on wages. Whereas, again, for front line service, until perhaps this month, hospitality, leisure, construction, all of those were still going very fast."
He continues with: "When you look at the time that workers stay unemployed after a layoff, it has been flat, below pre-pandemic levels for workers with less than a college degree. It's been basically flat for workers with exactly a bachelor's degree. It has been skyrocketing for workers with a graduate degree. This is kind of an inverse labor market compared [to] most of what we've seen the past 20 years."
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Nicholas Jacobino
相關影片推薦
1:53
台南透天厝火警 子瑜愛包設計師喪生火場民視影音54,646 次觀看・8 小時前1:59
以色列哈瑪斯戰爭9個月 直擊加薩垃圾堆積如山、遍布污水坑 難民稱猶如「每天死亡千百次」Yahoo奇摩(國際通)18,690 次觀看・9 小時前1:54
急診爆量!台大病患湧至大廳 排住院恐得等4天|#鏡新聞鏡新聞9,623 次觀看・8 小時前2:02
民眾被盜刷10幾萬要買單! 銀行:有走完正常綁卡程序民視影音275,279 次觀看・1 天前2:04
法國會選舉首輪投票極右派大勝 有望掌權寫歷史、馬克宏豪賭「慘敗」Yahoo奇摩(國際通)11,038 次觀看・15 小時前1:45
新發現三角龍祖先命名「洛基」面部長角如雙刀 長達6米、重5噸Yahoo奇摩(國際通)3,545 次觀看・15 小時前1:39
車輛消失術? 埔里路邊停車收費上路 車格空蕩蕩華視影音21,075 次觀看・8 小時前1:47
塑膠、輪胎瓶、遺骸多到變「垃圾島」世界最美湖泊遭破壞 半年清走5420立方公尺垃圾Yahoo奇摩(國際通)1,010 次觀看・9 小時前1:40
悲痛!台南民宅無情惡火 老婦不幸電梯間身亡民視影音2,069 次觀看・10 小時前4:34
華為開發者大會自嗨 鴻蒙星河版HarmonyOS NEXT應用程式少安卓700倍 標榜「一個系統」走蘋果過去的路 中國網友質疑鴻蒙不可能「純血」|全球聊天室 #鏡新聞鏡新聞26,921 次觀看・2 天前