Brittany Luce
๐ค SpeakerAppearances Over Time
Podcast Appearances
Okay, first of all, what is going on in the job market right now?
Like, how are things looking?
They're looking a little weird, I would say.
People are saying this.
People are saying this.
I mean, empirically, what's happening is that we are really seeing the pace of job creation, job growth, slow down.
Looking still positive, but not...
really blockbuster numbers.
And at the same time, you're not seeing a huge increase in the unemployment rate.
And so that's why people call this, you know, a low, higher, low fire.
Practically what that means is that if you have a job, you're probably okay.
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.
Things are just kind of stuck.
Now, one thing I'll note is that we keep hearing this statistic that unemployment is low.
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.
I feel like a lot of people are experiencing a really tough time.
I think that when you hear the headline unemployment figure, that is the broadest possible measure of unemployment.
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.
And so, for example, you know, the black unemployment rate, it's always historically been higher than the mainline unemployment rate.