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Nov 24, 2021 | CNBC
A regional contagion from the plunge in the Turkish lira is unlikely, says think tank
Sinan Ulgen of the Center for Economics and Foreign Policy Studies discusses the Turkish government's methods of boosting economic growth and explains why the country's currency crisis is unlikely to spread in the region.
Nov 18, 2021 | CNBC
Initial jobless claims come in little changed at 268,000
CNBC's Rick Santelli and Steve Liesman join 'Squawk Box' to break down the latest initial jobless claims data.
Nov 16, 2021 | The Conversation
Gun violence soared during the COVID-19 pandemic, a new study finds – but the reasons why are complex
In a new study, we found that the overall U.S. gun violence rate rose by 30% during the first year of the COVID-19 pandemic compared to the year before. In 28 states, the rates were substantially higher between March 1, 2020, and March 31, 2021, compared to the pre-pandemic period from Feb. 1, 2019, through Feb. 29, 2020. There were 51,063 incidents of gun violence events resulting in injury or death in the United States in the first 13 months of the pandemic compared to 38,919 incidents in the same time span pre-pandemic.
Nov 11, 2021 | CNBC
Wells Fargo's chief economist discusses the challenges facing veterans in the labor market
Jay Bryson, Wells Fargo chief economist for corporate and investment bank, joins 'Closing Bell' to discuss the veteran labor force participation rate.
Nov 11, 2021 | CNBC
It really is a golden age for job-seekers, ZipRecruiter CEO says
Ian Siegel, ZipRecruiter CEO, joins 'Closing Bell' to discuss the company's earnings report where it saw strong earnings and offered updated guidance.
Nov 11, 2021 | The Conversation
Men without university degrees have suffered the biggest hit to employment since COVID
Stay at home. That was the stark rule imposed in countries around the world when the dangers of COVID-19 became fully understood. Only “key workers” whose physical presence at the workplace was deemed crucial were supposed to go to work. The effect on working habits was dramatic. Sectors such as hospitality and retail suffered badly, and many jobs were put at risk. Overall, though, the worst impact of the pandemic on employment in the UK has been suffered by non-graduate men.
Nov 10, 2021 | CNBC
Charles Schwab's Liz Ann Sonders says margins have been 'phenomenal'
Liz Ann Sonders, Charles Schwab chief investment strategist, joins 'Squawk on the Street' to discuss Wednesday's consumer price data, equity markets and comparisons to historic inflation highs.
Nov 10, 2021 | CNBC
CPI jumps 6.2% in October, highest level in more than 30 years
CNBC's Rick Santelli and Steve Liesman break down the latest consumer price index and initial jobless claims data.
Nov 08, 2021 | The Conversation
Economically, 2022 looks like an ideal time for a government to land re-election
At the risk of being political – and politics is important, it will determine how we are governed for the next three years – economic conditions could scarcely be better for a government seeking re-election.The economic things that matter most to most people are, in my view: jobs – if employment is climbing rather than falling, most people are not at much risk of losing their jobeconomic growth and wages growth – if things are getting better rather than worse, even in small ways, people feel better about the future
Nov 08, 2021 | CNBC
Bond and equity markets are showing a 'big split' right now: Mohamed El-Erian
Mohamed El-Erian, Allianz and Gramercy advisor, joins ‘Squawk Box’ to discuss the week's market action ahead and October's strong jobs report.
Nov 05, 2021 | CNBC
Hispanic Association on Corporate Responsibility CEO: Latina unemployment is a significant concern
Cid Wilson, President and CEO of the Hispanic Association on Corporate Responsibility, joins 'Closing Bell' to discuss how unemployment is impacting Hispanics.
Nov 05, 2021 | CNBC
Long-term unemployment falls by 357,000 people but is still elevated
About 357,000 Americans fell off the long-term unemployment rolls in October, as the labor market's pandemic recovery gained steam.That decline continues a steady downward trend since the spring. Almost 2 million people have left long-term joblessness since March 2021, the pandemic-era peak.  The improvement comes on the back of an October jobs report that beat expectations and marked an acceleration in job growth from August and September. The economy added 531,000 payrolls last month."The positive development that is the decline in the long-term unemployment number I think is indicative of the overall labor market recovery," said Nick Bunker, economic research director for North America at the Indeed Hiring Lab.
Nov 05, 2021 | CNBC
These charts show how October jobs gains left behind women and Black workers
The unemployment picture improved for Americans overall in October, but not for women and Black workers.While the total unemployment rate eased from 4.8% to 4.6% last month, it rose for women and held steady for Black Americans, the Labor Department reported Friday.The October jobs report highlights the persistent disparity in labor recovery for women and Black Americans."The pandemic recession disproportionately impacted certain groups," said Elise Gould, senior economist at the Economic Policy Institute. "The recovery has yet to reach some of those groups that were hardest hit."For adult male workers overall, the unemployment rate dipped from 4.7% to 4.3% in October, while the unemployment rate for adult women rose 0.2 percentage points to 4.4%.
Nov 05, 2021 | The Conversation
Wages up as Americans are encouraged back to work and into the office – 3 takeaways from the latest jobs report
After a lackluster jobs report in September 2021, the latest news on employment gives Americans plenty of cheer about ahead of the holiday season.In total, 531,000 jobs were added in October – outstripping the already optimistic predictions of economists. This caused the unemployment rate to fall 0.2 percentage points to 4.6%.Even with those gains, the U.S. is still below pre-pandemic employment levels. But as an economist, I see details in the latest jobs report that suggest the workforce is emerging from 18 months of what has been the “new normal” and getting back to, well, the “normal normal.”
Nov 05, 2021 | CNBC
October jobs report: 531,000 jobs added vs. 450,000 estimate
CNBC's Rick Santelli and Steve Liesman, along with ADP Chief Economist Nela Richardson, break down October's latest jobs report on 'Squawk Box'.
Nov 05, 2021 | CNBC
CNBC Survey: Majority of workers support Biden's employer Covid vaccine mandate
Businesses with 100 or more employees have until Jan. 4 to make sure their U.S. workers are fully vaccinated against Covid-19. Sharon Epperson breaks down the latest results from a new CNBC survey.
Nov 04, 2021 | CNBC
Jobless claims hit another pandemic-era low at 269,000
CNBC's Rick Santelli and Steve Liesman join 'Squawk Box' to break down the latest jobless claims and third-quarter productivity data.
Nov 02, 2021 | CNBC
How the 'Great Resignation' is impacting workers who stay on the job
CNBC's Sharon Epperson joins 'Squawk Box' to break down the latest results from a new survey from the Society for Human Resource Management.
Nov 02, 2021 | CNBC
Next few quarters will see 'surge' in returning workers: Paychex CEO
Paychex CEO Marty Mucci joins 'Squawk Box' to discuss rising national job growth for small businesses.
Nov 01, 2021 | The Conversation
Australia’s ‘great resignation’ is a myth — we are changing jobs less than ever before
In the wake of a jump in the proportion of workers quitting jobs in the United States – dubbed the “Great Resignation” – Australia’s media has been warning of a surge in resignations here. “Here comes the Great Resignation,” reads one headline; “Millions of Aussies predicted to leave jobs” reads another.In fact:there is no evidence of such a phenomenon hereif there was, it would be no bad thing
Oct 28, 2021 | The Conversation
Local training is the best long-term solution to Australia’s skills shortages – not increased migration
In mid October, the New South Wales government’s top beaureacrats urged new Premier Dominic Perrottet to push for “an aggressive resumption of immigration levels” to spur post-pandemic economic recovery.Industry seized on this as the answer to skills shortages that have resulted from Australia’s border closures. The Australian Chamber of Commerce and Industry called for a near doubling of the skilled migration program, to around 200,000 annually over the next five years.
Oct 24, 2021 | The Conversation
Australia’s ‘underclass’ don’t like work? Our research shows vulnerable job seekers don’t get the help they need
Former NSW minister Pru Goward wrote a column in the Australian Financial Review last week about Australia’s “underclass,” who she says are lazy, dysfunctional and don’t like the “discipline” of work. This was condemned by anti-poverty advocates as disturbing, but it was not terribly surprising. Australia has a long history of stigmatising those without work.The idea that unemployed people are work-shy is also conveyed in one of Prime Minister Scott Morrison’s catchphrases: “the best form of welfare is a job”. But this is not always a straightforward proposition.
Oct 21, 2021 | CNBC
1 in 5 gig drivers got unemployment benefits during the pandemic's peak
In this articleAbout 1 out of every 5 drivers in the gig economy was collecting unemployment benefits at the pandemic's peak, according to a new analysis published by the JPMorgan Chase Institute.These drivers worked for "online platforms" offering services like ride hailing (Uber and Lyft, for example) and food delivery (like Instacart and DoorDash).Nineteen percent of all gig drivers were receiving jobless benefits in July 2020, according to the report, published Tuesday. That's the highest monthly share among drivers during the Covid pandemic. (The report analyzed anonymized personal checking accounts for 30 million Chase customers.)It's also a higher share than other categories of gig workers and more than twice that of non-gig workers.
Oct 19, 2021 | The Conversation
Our estimates suggest we can get Australia’s unemployment down to 3.3%
At last, the government and the Reserve Bank are singing from the same song sheet. Both say they will keep supporting the economy (the government with big deficits, the Reserve Bank with ultra-low interest rates) until the unemployment rate is well below 5%.Australia’s leading economists back them.Of the 60 leading economists surveyed by the Economic Society ahead of the budget, more than 60% wanted stimulus until the unemployment rate was below 5%.
Oct 15, 2021 | CNBC
The Lost Workers: Is there a long-lasting U.S. labor crunch ahead?
CNBC's Kate Rogers joins 'Squawk Box' to break down a new EMSI report, which warns that the U.S. could soon see a pandemic-exacerbated "worker sansdemic."
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How Hiya taps AI to kill phone spam
14 hours ago | Venture Beat