Kelly Wells

Some industries saw a fair number of layoffs and hiring freezes in 2024.

Allison Stevens is Senior Director of HR Solutions at Paychex and says they're partly to blame.

I think in some pockets the market might be flooded with qualified candidates.

And on top of that, Stevens says people might also collect unemployment longer because there being...

Much more selective with the roles that they're seeking, such as they have decided they must work remotely or if they are going to go into an office, it's only going to be within a certain geographical distance from their home.

Which is actually good for the economy because employees are more likely to stick with and excel at a job if they wait to find one that's best for them.

But there's something else going on here.

It's January.

January is always like this.

Michelle Evermore, con la Fundación Century, se especializa en la insurrección de desempleo.

So, there are more unemployed people this week, and people are staying unemployed longer.

But Elise Gould with the Economic Policy Institute says she's not worried.

But when we look at continuing claims as a share of the labor force, it's basically the same as it was pre-COVID.

She says, sure, it's not as low as it has been in the past three years when the labor market has been really hot.

But long term?

I would say that it's been pretty stable over the last couple of years.

You know, maybe a little bit of an uptick.

Pero, de nuevo, los desplazamientos permanecen bajos, las cosas todavía son bastante fuertes.

The price of this latest Lyric EV starts at nearly $80,000, hardly a bargain.

But in the EV world, luxury is in.