On April 25, 2025, Arlington, Ronald Reagan Washington National Airport in Virginia to support federal employees in search of new career opportunities at a job fair organized by Metropolitan Washington Airports Authority to support federal employees.
Tinge Shane/Bloomberg via Getty Image
While the unemployment rate in the US is still quite low, data shows that it is not uncommon for individuals to see a job victim for an extended period of time.
Unemployment rate Stay flat At 4.2% in May, the Labor Statistics Bureau reported on Friday.
However, in the last six months, it has become very difficult to find a job, “are you entering the job market For the first time Or you have been looking for some time, according to Ali Bastamantte, an economist and director of a liberal think tank Roosevelt Institute.
“It’s not that people are losing their jobs,” said Bastamant. “It is just that businesses are much more mitting to invest people, because they just feel this very uncertain economic environment.”
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Bustamante and other economists say that many data points-Job-fittings and quits rates beyond the headline job market numbers, the share of workers who have been unemployed for 27 weeks or more, perform deep issues within the market.
“Employers are not hiring, they are not firing. People are not leaving their jobs, and there are just less opportunities,” Kori Stahle said, in fact an economist, a job search venue.
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Job-fitting, Quits and Higher Down are
Stahl said that the job-and-face rate reflects the share of unemployed workers, who successfully found the job, said Stahl. Over the years, the job-rate for unemployment is decreasing, he said.
In other words, people who are looking for work are not getting jobs, stall said.
Flip, towards the quits rate, reflects the share of employees who have quit their jobs in a month, stall said. This figure is also decreasing, which means that people are not leaving their jobs voluntarily.
The rate of quit in April was 2.0%, slightly changed from 2.1% in March, both numbers were adjusted seasonally, According For the inauguration of the latest job and labor turnover report by the Bureau of Labor Statistics. The number of quits during the year was less than 220,000.
Hiring activity has also decreased in recent years. Higher rate was 3.5% in April, slightly changed from 3.4% in March, both seasonally adjusted, according to Jolts report.
Like people live in their jobs and employers are reluctant to rent, make such factors “Low recruitment, low firing“Environment, Stahle said.
Many workers have been victims of jobs for at least 27 weeks
The latest report of the bureau collapsed the number of long -term unemployed workers. However, not only the rate is still high, the recent decline can also be a red flag, the Bastament said.
According to the bureau, the share of unemployed workers facing long-term unemployment-which have been unemployed for at least 27 weeks-were adjusted seasonally in May. latest data. The seasonally adjusted in April is below 23.5%.
But recently decline may not be a improvement. This may indicate that a large number of long -term unemployed workers abandoned the labor force, they said.
Bastamantte said that in view of this, 139,000 jobs were added in May and about 218,000 employees are no longer in the cohort of unemployment, there is a significant difference of workers who were unemployed, but did not secure new roles.
What is more, the number of people in the labor force did not increase to 622,000 in May.
“All data pointed to a decline in unemployment for a long time because people leave the labor force,” Bastamanta said.
A broad unemployment rate is higher
Experts say the headline unemployment rate-also known as the U-3 rate-remains as a hostile, another remedy shows a clear picture that what is happening with unemployed workers, is still looking for jobs, saying experts.
U -6 rate The total number of unemployed workers, as well as all minor enclosed workers, and the total employed part -time for economic reasons are included.
Minorized attached workers are those who are Neither work nor looking for a job – But indicate that they want and are available for work, and are looking for a new role recently. This group has one of the subdivisions that are not in search of jobs due to discouraged laborers, or currently labor-Judge reasons.
Part time employed for economic reasons are those who want and are available for full -time work, but have settled for part -time programs.
As the latest BLS data, the U -6 rate remained unchanged from April to 7.8%.
This data tells us that more and more Americans have either stopped functioning with labor-jazzes, or are raising part-time giggs to get financially, say the experts say.
‘White Caller’ industry contract; Other areas grow
Experts say that in view of professional and professional services, the-industry that represents the “white collar,” and the middle and high-class, educated workers-to keep more work, says experts.
The stall said that fields like marketing, software development, data analytics and data science now have very few opportunities before epidemic.
On the other hand, industries like Health care, Construction And manufacturing has seen an increase in jobs continuously. The bureau found that almost half of the jobs were increased by health care, which added 62,000 jobs in May, the bureau found.
“There is a deviation in the occasion,” stall said. “Your experience with the labor market depends largely on the type of work you are doing.”
