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Brittany Luce

๐Ÿ‘ค Speaker
11919 total appearances

Appearances Over Time

Podcast Appearances

It's Been a Minute
You're not broken. The job market is.

Okay, first of all, what is going on in the job market right now?

It's Been a Minute
You're not broken. The job market is.

Like, how are things looking?

It's Been a Minute
You're not broken. The job market is.

They're looking a little weird, I would say.

It's Been a Minute
You're not broken. The job market is.

People are saying this.

It's Been a Minute
You're not broken. The job market is.

People are saying this.

It's Been a Minute
You're not broken. The job market is.

I mean, empirically, what's happening is that we are really seeing the pace of job creation, job growth, slow down.

It's Been a Minute
You're not broken. The job market is.

Looking still positive, but not...

It's Been a Minute
You're not broken. The job market is.

really blockbuster numbers.

It's Been a Minute
You're not broken. The job market is.

And at the same time, you're not seeing a huge increase in the unemployment rate.

It's Been a Minute
You're not broken. The job market is.

And so that's why people call this, you know, a low, higher, low fire.

It's Been a Minute
You're not broken. The job market is.

Practically what that means is that if you have a job, you're probably okay.

It's Been a Minute
You're not broken. The job market is.

And that if you're looking for a job, then it probably feels really lousy to be out in the labor market right now looking for a job.

It's Been a Minute
You're not broken. The job market is.

Things are just kind of stuck.

It's Been a Minute
You're not broken. The job market is.

Now, one thing I'll note is that we keep hearing this statistic that unemployment is low.

It's Been a Minute
You're not broken. The job market is.

As true as that number may be, I still feel like so much conversation in the media, on social media, with people I know is really focused on unemployment and underemployment.

It's Been a Minute
You're not broken. The job market is.

I feel like a lot of people are experiencing a really tough time.

It's Been a Minute
You're not broken. The job market is.

Mm-hmm.

It's Been a Minute
You're not broken. The job market is.

I think that when you hear the headline unemployment figure, that is the broadest possible measure of unemployment.

It's Been a Minute
You're not broken. The job market is.

And it's when you drill down into some more specific categories of how workers are doing that it becomes clear why certain workers are feeling perhaps worse than others.

It's Been a Minute
You're not broken. The job market is.

And so, for example, you know, the black unemployment rate, it's always historically been higher than the mainline unemployment rate.