Down from half a million in recent years, the estimate could prove conservative as construction workers retire and political ...

Labor costs are a big component of the cost of services, and consumer spending on services accounts for nearly half of this economy. The recent slowdown in consumer spending is already starting to ...

The following information was released by the Federal Reserve Bank of San Francisco: Payroll job growth has slowed significantly in the past year. Slower job growth is typically associated with rising ...

After last week’s weaker-than-expected payrolls release, the Fed will likely lower policy rates at the next FOMC meeting in September. Although concerns over a slowdown in labor demand have gained ...

The pace of job growth cooled through mid-2025, while the unemployment rate rose relatively little. This seeming puzzle is explained by an even stepdown of labor supply and demand, meaning slowing ...

Amid an already softening labor market, the Trump administration’s aggressive immigration stance is likely to dampen the U.S. labor supply. A mixed narrative between tighter labor supply and slowing ...

Last week, Federal Reserve Chair Jerome Powell said the U.S. labor market has entered “a curious kind of balance.” The demand for workers has cooled, yet the unemployment rate has held steady because ...

Historically, technological advancements have replaced routine tasks, increasing the value of uniquely human skills. AI, like previous technologies, is expected to increase labor demand, but in ...

Job growth is expected to fall this year, adding to pressure on the Federal Reserve to cut interest rates. But the slowdown might reflect a smaller labor force, not declining demand from employers. By ...

Labor practice leaders are seeing steady demand for counsel on ongoing labor issues. One practice leader said some clients generally are working around NLRB delays by going directly to the court ...