Full-Time Opportunities Down Despite Generally Strong Job Market
Lucas Mautner was laid off in early May after two years of working as the senior copywriter for the global marketing team at the advertising agency Nielson. In the weeks since, while searching for another full-time job, Mautner has been supporting himself with the...
Buy Now, Hurt Later? How BNPL Can Hurt Young Users Long Term
By: Evelin Fajardo-Alvarez Darian Mozo was told by her parents at an early age to not mess with credit cards, as they can immediately throw a person into heavy debt. But one day in 2021, while online shopping for an iPhone case, she noticed a new option,...
The Manufacturing Industry’s Ambitious Plan to Boost Women’s Employment: Will It Succeed?
Fresh out of high school in 2022, Grace Koehler began a welding apprenticeship at Agra Industries, an agricultural manufacturing firm in her hometown of Merrill, Wisconsin. A proud third-generation daughter of tradesmen and an incoming student at NorthCentral...
Construction Companies Struggle to Find Workers, Immigration Might Be The Answer
A month after immigrating to the U.S. from Afghanistan, cousins Zaki Yousafi and Edris Baraka secured a job with Blue Diamond Construction. They had the skills and the experience since they owned a construction company in Afghanistan but a booming industry and major...
The Labor Market Tapped the Breaks in April
The runaway train of the recent labor market slowed down in April, in a welcome – albeit unexpected – break from ongoing concerns over inflation in the economy. The U.S. economy added 175,000 jobs last month, according to the Bureau of Labor Statistics, a marked...
The Airline Industry Grapples with Boeing’s Fallout, While Its Hub Cities Thrive
Manhattan resident Alyssa Winderlich, 27, an event marketing professional, flies frequently for work. She has been a loyal patron of Southwest Airlines - but due to increasing prices and fewer flight options, she’s had to start booking almost all of her upcoming...
Job gains, lower unemployment rate expected for March
Job gains will likely continue into the month of March, following three months of unexpectedly strong gains despite high interest rates from the Federal Reserve. The US Bureau of Labor Statistics releases its monthly Employment Situation Summary on Friday. Economists...
After India’s Tariffs Eased, Washington State Apple Exports Improved
When India implemented a 20% tariff on top of an existing 50% tariff on U.S. apples in June 2019, Brian Norwood saw a major drop in the exportation of Washington state apples to India. Before the additional tariffs were enacted, Brian Norwood, export sales manager for...
Grumbling, but Gambling. Americans Say They’re Unhappy with the Economy. They’re Gambling Like it’s Just Fine.
In poll after poll, Americans say they feel bad about the economy. Yet they are gambling like they have excess money to spend. Consumer sentiment reached a record low in July 2022, and while it has improved somewhat since then, it is still nowhere near its...
U.S. Trade Deficit Widens More Than Expected
The U.S. trade deficit for the month of January surprised economists by increasing more than expected in a sign that the economy continues to be strong. The trade deficit in goods and services rose by $3.3 billion or 5.1%, to $67.4 billion in January, according to...