Julia Pollak, Chief Economist at ZipRecruiter, discusses the current state of the labor market and the outlook for which sectors will see the most or least growth in jobs.
*This video was recorded on November 14, 2024
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0:00 - Intro
1:20 - Unemployment rate
3:23 - Pay increase between quitting and staying
5:29 - Blue vs. White collar labor force
6:20 - Sectors with most growth
7:10 - Weaker sectors
8:50 - How election will affect hiring
11:20 - Real wage increases
13:23 - Inflation and real wage
15:15 - Immigration and the labor force
17:26 - Challenges to labor market strength
19:20 - Quits rate
21:44 - Neutral rate of unemployment
23:11 - AI and labor market
24:51 - Labor force participation rate
#economy #jobs #layoffs