Social media opens a window to traditional trades for young workers
The exposure is also changing the game for trade schools and employers in such industries as manufacturing and construction, which have long struggled to attract workers.
Jobs/Careers
Trump fires labor statistics chief after large revision to jobs report
Revisions to job reports are common, but Trump claimed the changes were “rigged” to make him look bad. The episode underscores questions about the independence and stability of the federal agencies tasked with reporting the nation’s most critical economic data.
Hiring slows sharply as Trump advances aggressive trade agenda
U.S. markets recoiled at the jobs report and the Dow Jones industrial average tumbled more than 600 points at the opening bell Friday.
IPS launching multimillion-dollar effort to boost STEM pathway
The Destination 2032 initiative—powered by a $5.5 million grant from the Eli Lilly and Co. Foundation—will fund a STEM Scholars program and STEM Future Centers.
Job scams are rising and more people are falling for them, FTC says
Losses are underestimated because many people don’t report their experiences of job scams to law enforcement or government trackers.
Fairbanks Foundation awards $13M to create new statewide apprenticeship program
The first students in the Career Apprenticeship Pathway, or INCAP, will start in fall 2026 and split time between school and the workplace.
Indiana embracing Trump’s call to increase apprenticeship
Education and labor experts note that making high school apprenticeships commonplace won’t be simple.
Unemployment among young college graduates outpaces overall joblessness rate
The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the pandemic. Joblessness among that group is higher than the overall unemployment rate, and the gap is larger than it’s been in more than three decades.
Job recruiting site CareerBuilder + Monster declares bankruptcy
Once the heavyweights of job-recruiting websites, CareerBuilder and Monster filed for Chapter 11 protection Tuesday, almost one year after merging.
Job gains for May exceed expectations amid some signs of weakening
Average hourly wages rose 0.4% from April and 3.9% from a year earlier—a bit higher than forecast.
American labor market shows resilience with rise in job openings
The Labor Department reported Tuesday that employers posted 7.4 million job vacancies in April, up from 7.2 million in March.
Job openings fell to 7.2 million in March, lowest level since September
Meanwhile, the number of Americans quitting their jobs—a sign of confidence in the economy—rose modestly. And layoffs fell to the lowest level since June.
Another buyout offer hits inboxes of some federal workers
The deal, extended across at least five agencies in recent days, resurrects an option to resign now and be paid through September.
Computer programming ranks among hardest-hit occupations
More than a quarter of all computer programming jobs have vanished in the past two years, the worst downturn that industry has ever seen.
Job openings rose to 7.7M in January
The Labor Department’s Job Openings and Labor Turnover Survey showed that openings rose in real estate, health care, manufacturing and construction.
Lilly cuts undisclosed number of jobs, ‘nothing large scale’
The reductions come at a time of significant growth overall for Lilly. and soon after the announcement of plans to build new manufacturing facilities at four yet-to-be-named U.S. locations.
Slightly more Americans apply for unemployment benefits last week, but layoffs remain relatively low
Some analysts say they expect layoffs ordered by the Department of Government Efficiency to show up in the report in the coming weeks.
Carvana announces 200-job expansion at Plainfield site
Arizona-based used-car retailer Carvana says it intends to add inspection and reconditioning services at its auto auction site in Plainfield to establish what it calls a Megasite.
UPDATE: Biden blocks Nippon’s acquisition of U.S. Steel
Biden’s decision—attributed by other news organizations to unnamed sources—comes just days after Japan-based Nippon proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity.”
Applications for unemployment benefits hold steady, but continuing claims rise to 3-year high
The labor market has hinted at some softening recently but remains broadly healthy and has held up better than many economists predicted considering that interest rates have been elevated for years.