Economic jitters keep workers in their jobs as openings decline

American workers are clinging to their jobs at rates not seen in nearly a decade as economic uncertainty and a cooling labor market make employees hesitant to seek new opportunities.The share of ... Read More

Workers are ‘job hugging’ in a stagnant labor market, but growing resentment means they could bail as soon as the next Great Resignation comes

More employees may be “job hugging,” but it could increase feelings of resentment toward their workplaces. More employees are planning to stay at their current jobs as a stagnant labor market shakes ... Read More

Job growth stalls: US economy added just 22,000 jobs in August and unemployment rose to highest level since 2021

Job growth slowed to a crawl in August, and the unemployment rate rose to its highest level in nearly four years, indicating the US labor market is growing stagnant. The economy added just 22,000 jobs ... Read More

Nobody’s Buying Homes, Nobody’s Switching Jobs—and America’s Mobility Is Stalling

Americans are stuck in place. People are moving to new homes and new cities at around the lowest rate on record. Companies have fewer roles for entry-level workers trying to launch their lives. Read More

Wages aren't keeping up with inflation, with some jobs falling further behind than others

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More

Workers are ‘job hugging’ or clinging to their positions ‘for dear life’: report

The pandemic era’s “great resignation” has morphed into desperate “job hugging” — with workers clinging to their positions at levels not seen in nearly a decade, according to the latest data. The ... Read More

This figure paints a stark picture of why workers are job hugging

According to a survey from the Federal Reserve Bank of New York, confidence in finding a new job is at an all-time low. Read More

An Economy Built On Fear: Will Rate Cuts Save It?

U.S. job openings drop below seekers, signaling a slowdown. Discover how this shift affects hiring, Fed rate cuts, and future economic trends. Click for more. Read More

You can trust the jobs report, Labor Department workers urge public

With a new, sobering jobs report out Friday, some current employees at the Labor Department's Bureau of Labor Statistics (BLS) are seeking to reassure the American public that the government's ... Read More

How Many Jobs Does The Economy Really Need?

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

AI Is Eliminating Jobs for Younger Workers

Economists at Stanford University have found the strongest evidence yet that artificial intelligence is starting to eliminate certain jobs. But the story isn’t that simple: While younger workers are ... Read More