by dankeelan | Dec 12, 2023 | Featured, Jobs, U.S. Economy, Unemployment
U.S. payrolls grew more quickly than expected in November, according to data released by the Bureau of Labor Statistics Friday. U.S. non-farm payrolls added 199,000 while the unemployment rate dropped to 3.7%, the BLS’s monthly employment situation...
by dankeelan | Nov 21, 2023 | Featured, Gig Workers, U.S. Economy
Millions of “gig” workers may get missed every month in the U.S. government’s employment report, a discrepancy with implications for how Federal Reserve officials size up the job market and any associated inflation risks. Research prepared for a...
by dankeelan | Nov 14, 2023 | Gig Workers, U.S. Economy
If it seems like everyone around you has a side hustle these days, you’re not that far off. An estimated 50% of American workers earn extra income from gig work. And it’s quickly become a big business, with the industry expected to grow to $455 billion...
by dankeelan | Oct 31, 2023 | Featured, Gig Workers, Insurance, U.S. Economy
Since COVID-19, more Americans have been making the switch to independent contract and gig work, especially in the trucking and transportation space, which is changing the types of insurance coverage needed. According to James Walloga (pictured), Allied World’s...
by dankeelan | Oct 23, 2023 | Jobs, U.S. Economy
The Biden administration is designating 31 “tech hubs ” touching 32 states and Puerto Rico to help spur innovation and create jobs in the specific industries that are concentrated in these areas. President Biden was set to announce the hubs Monday...
by dankeelan | Oct 3, 2023 | Jobs, U.S. Economy
The job market remains strong despite gradual cooling from pandemic-era highs, according to labor economists — but workers don’t seem to share that outlook. Employee confidence fell last month to its lowest level since 2016, according to...
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