Labor Market Data and Employment News
UK employers scale back pay expectations as 2027 awards cool
British employers are expecting smaller pay increases next year, adding to evidence that the labour market is cooling. The outlook points to weaker wage momentum as the Bank of England watches ...
U.S. states show mixed unemployment trends in May labor update
State labor conditions remain uneven across the U.S. in May, with unemployment rates holding steady in much of the country while other states post either declines or increases. The latest snapshot ...
U.S. factory employment cuts near crisis-era highs as cost pressures hit manufacturing
U.S. manufacturers are signaling some of the sharpest job reductions in years even as headline factory activity improves in June. The stronger reading appears to be driven largely by inventory ...
House committee advances bill to expand AI workforce data collection in the U.S.
Federal policymakers are seeking more detailed labor market data as artificial intelligence spreads across U.S. workplaces and reshapes job tasks and skill needs. The proposal targets a ...
Missouri senator’s pro-worker agenda tests Republican labor shift
Republican debate over labor policy is intensifying as a small group of conservative lawmakers backs measures that would strengthen workers’ bargaining power. Senator Josh Hawley has emerged as ...
UK AI institute chair warns companies are using AI to replace white-collar workers
As businesses accelerate investment in artificial intelligence, concern is growing over how the technology reshapes white-collar employment and wages. Simon Johnson, who is set to chair the UK ...
Federal Reserve rate-hike timing drives market focus after hawkish June signals
With oil prices easing, chip stocks between earnings cycles and other major market narratives fading, investors are turning their attention back to the Federal Reserve. The shift follows a June ...
UK statistics agency warns jobs data quality will weaken after survey error
Fresh problems at the Office for National Statistics are complicating efforts to rebuild trust in UK economic data as policymakers track the labour market closely. The agency says a survey mistake ...
Oklahoma minimum wage increase faces ballot setback as voter resistance grows
A rare statewide defeat in Oklahoma is adding to signs that political support for minimum wage increases is losing momentum amid cost-of-living and inflation concerns. Voters rejected a measure ...
UK Labour succession debate raises scrutiny over potential Treasury leadership
Pressure is building over who could run the Treasury if Andy Burnham succeeds Keir Starmer, with Rachel Reeves' position seen as increasingly fragile ahead of a difficult autumn Budget. The debate ...
UK returnship programmes shrink as employers pull back on back-to-work hiring routes
As Britain faces rising long-term unemployment and a weaker hiring market, returnship programmes that help professionals re-enter work after career breaks are becoming harder to find. The pullback ...
Big Tech faces skilled labor bottleneck in AI data center buildout
As AI infrastructure spending accelerates, a shortage of skilled trades is becoming a growing constraint on how quickly data centers can be built and maintained. The pressure is emerging alongside ...
U.S. labor market sees limited AI job disruption, Yale analysis finds
Since ChatGPT's release in 2022, concern about artificial intelligence replacing office workers has intensified across the U.S. economy. New research indicates the technology is reshaping tasks ...
Labour leadership shift puts Burnham’s economic agenda under scrutiny
Britain is moving toward a likely Labour leadership change after Andy Burnham’s emphatic Makerfield win strengthens his position to replace Sir Keir Starmer. The result sharpens attention on ...
U.S. small-business owners face weaker mobility than prior generations
Across long-running family companies in the U.S., some owners say keeping a business profitable no longer translates into a higher standard of living than their parents achieved. The pressure ...
South Africa’s anti-migrant backlash raises risks for investment and labor market growth
South Africa faces mounting reputational and economic costs as hostility toward African migrants persists alongside chronic unemployment and weak job creation. The backlash threatens the ...
U.S. Employment Cost Index highlights five decades of compensation growth
Half a century after its first release, the Employment Cost Index continues to track changes in U.S. wages, salaries, and benefits with a measure designed to avoid distortions from shifts in ...
Mikal Skuterud: Low-wage labor markets continue to weaken as higher skilled stabilize
Mikal Skuterud observes that low-wage labor markets are continuing to weaken, while those for higher skilled workers have stabilized. The comment highlights ongoing shifts in labor market ...
U.S. labor market adds jobs as hiring challenges persist
Stronger payroll growth across the U.S. economy is improving the broader employment picture even as high-profile layoffs at large technology companies draw attention. Recent data through May show ...
U.S. jobless claims edge up as labor market resilience persists
Early June labor market data shows only a modest rise in new U.S. unemployment benefit filings, suggesting layoffs remain limited despite signs of softer hiring. Continuing claims and long-term ...
Senate HELP Committee advances labor, jobs data oversight through confirmation hearing
A Senate confirmation hearing is focusing on leadership at two agencies central to labor policy and economic data, as Republicans push for more predictable workplace rules and more reliable ...
