Many formal sector jobs are increasingly precarious and poorly paid, meaning that formal work is not an avenue to greater social equality for many people.
Peter Martin, Crawford School of Public Policy, Australian National University
Unemployment is far lower than predicted and isn’t setting off the kind of inflation seen in the United States. There’s no telling how much lower it can go.
Preliminary research suggests cultural and social services retain or attract employees hard hit by plant closures in other communities. Preserving them may help cities withstand future crises.
While the numbers of people quitting their jobs in 2021 are higher than normal, a closer look at all the existing data suggests the current trend isn’t as dramatic as news headlines imply.
The pandemic brought about a sharp rise in mental health concerns, deep unemployment and an unprecedented amount of social isolation – a potentially deadly combination alongside rising gun sales.
October’s employment report was rosy, with more than 500,000 jobs added in the month. There were also signs that the American workforce was heading back to the old normal.