Mitchell Hartman

it's up nearly 2% from one year ago.

The overall unemployment rate is only up 0.4%.

Bottom line on the job market heading into 2026, says economist Corey Staley at Jobsite Indeed, it's sclerotic, frozen.

Employers holding on to their workers, not bringing new workers on board.

Workers are feeling less confident in their ability to jump jobs, find new jobs.

People seem to be just kind of sitting still right now.

Staley says it's a job market short on dynamism and opportunity for workers to earn more and advance in their careers.

I'm Mitchell Hartman for Marketplace.

Okay, what do I see on this lot?

I've been visualizing this lot for a lot of time, a long time, more than one year, years now, since I've been in this location.

But what I see right now is a blank slate with sky is the limit.

First, I was hurting and sad and could not believe that 30 years was gone.

And then I became very...

by the outpouring of people that called me and told me they were crying with me as we watched that building burn on TV.

Down below, there's commercial businesses.

And up above, there's residential spaces, apartments.

Lots of windows, lots of light.

Because we have a view of the mountains.

And all the way down to downtown L.A.

Absolutely.